OptimizeRx Corp CFO Edward Stelmakh's 2022 pay falls 35% to $2M
OptimizeRx Corp reports 2022 executive compensation
By ExecPay News
Published: April 25, 2023
OptimizeRx Corp reported fiscal year 2022 executive compensation information on April 25, 2023.
In 2022, three executives at OptimizeRx Corp received on average a compensation package of $1.4M, a 73% decrease compared to previous year.
Average pay of disclosed executives at OptimizeRx Corp
Edward Stelmakh, Chief Financial Officer, received $2M in total, which decreased by 35% compared to 2021. 37% of Stelmakh's compensation, or $750K, was in option awards. Stelmakh also received $106K in bonus, $425K in salary, $750K in stock awards, as well as $16K in other compensation.
Stephen L. Silvestro, Chief Commercial Officer, received a compensation package of $1.6M, which increased by 25% compared to previous year. 35% of the compensation package, or $550K, was in option awards.
William J. Febbo, Chief Executive Officer, earned $694K in 2022, a 95% decrease compared to previous year.
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Source: SEC filing on April 25, 2023.