Nevro CEO D Grossman's 2021 pay slips 18% to $7.4M
Nevro reports 2021 executive compensation
By ExecPay News
Published: April 11, 2022
Nevro reported fiscal year 2021 executive compensation information on April 11, 2022.
In 2021, four Nevro executives received on average a compensation package of $3.7M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Nevro
D. Keith Grossman, Chief Executive Officer, received $7.4M in total, which decreased by 18% compared to 2020. 88% of Grossman's compensation, or $6.5M, was in stock awards. Grossman also received $853K in salary and $5K in other compensation.
For fiscal year 2021, the median employee pay was $157,032 at Nevro. Therefore, the ratio of D. Keith Grossman's pay to the median employee pay was 47 to one.
Niamh Pellegrini, Chief Commercial Officer, received a compensation package of $2.8M, which decreased by 6% compared to previous year. 83% of the compensation package, or $2.3M, was in stock awards.
Roderick H. MacLeod, Chief Financial Officer, earned $2.5M in 2021, a 29% decrease compared to previous year.
Kashif Rashid, General Counsel, received $2.1M in 2021, which decreases by 19% compared to 2020.
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Source: SEC filing on April 11, 2022.