NEXGEL CEO Adam Levy's 2022 pay jumps 49% to $450K
NEXGEL reports 2022 executive compensation
By ExecPay News
Published: April 27, 2023
NEXGEL reported fiscal year 2022 executive compensation information on April 27, 2023.
In 2022, two NEXGEL executives received on average a compensation package of $299K, a 77% increase compared to previous year.
Average pay of disclosed executives at NEXGEL
Adam Levy, Chief Executive Officer, received $450K in total, which increased by 49% compared to 2021. 67% of Levy's compensation, or $300K, was in salary. Levy also received $25K in bonus, $3.3K of change in pension value and nonqualified deferred compensation earnings, $112K in stock awards, as well as $9.5K in other compensation.
Adam E. Drapczuk III, Chief Financial Officer, received a compensation package of $149K, which increased by 310% compared to previous year. 88% of the compensation package, or $131K, was in salary.
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Source: SEC filing on April 27, 2023.