Owlet President Michael Abbott's 2021 pay jumps 445% to $4.3M
Owlet reports 2021 executive compensation
By ExecPay News
Published: May 2, 2022
Owlet reported fiscal year 2021 executive compensation information on May 2, 2022.
In 2021, three Owlet executives received on average a compensation package of $2.8M, a 256% increase compared to previous year.
Average pay of disclosed executives at Owlet
Michael P. Abbott, President, received $4.3M in total, which increased by 445% compared to 2020. 47% of Abbott's compensation, or $2M, was in option awards. Abbott also received $475K in bonus, $450K in salary, as well as $1.3M in other compensation.
Kathryn R. Scolnick, Chief Financial Officer, received a compensation package of $2.3M. 50% of the compensation package, or $1.2M, was in stock awards.
Kurt Workman, Chief Executive Officer, earned $1.8M in 2021.
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Source: SEC filing on May 2, 2022.