Palladyne AI Corp. COO Jorgen Pedersen receives $3.3M in 2022
Palladyne AI Corp. reports 2022 executive compensation
By ExecPay News
Published: April 28, 2023
Palladyne AI Corp. reported fiscal year 2022 executive compensation information on April 28, 2023.
In 2022, three executives at Palladyne AI Corp. received on average a compensation package of $2.5M, a 85% decrease compared to previous year.
Jorgen Pedersen, Chief Operating Officer, received $3.3M in total. 91% of Pedersen's compensation, or $3M, was in stock awards. Pedersen also received $85K in bonus and $210K in salary.
Kiva Allgood, Chief Executive Officer, received a compensation package of $2.6M, which decreased by 57% compared to previous year. 35% of the compensation package, or $902K, was in option awards.
Andrew Hamer, Chief Financial Officer, earned $1.6M in 2022.