PetVivo Holdings CEO John Lai's 2022 pay jumps 195% to $710K
PetVivo Holdings reports 2022 executive compensation
By ExecPay News
Published: August 26, 2022
PetVivo Holdings reported fiscal year 2022 executive compensation information on August 26, 2022.
In 2022, three executives at PetVivo Holdings received on average a compensation package of $522K, a 117% increase compared to previous year.
John Lai, Chief Executive Officer, received $710K in total, which increased by 195% compared to 2021. 68% of Lai's compensation, or $482K, was in stock awards. Lai also received $20K in bonus, $202K in salary, as well as $6.2K in other compensation.
Robert J. Folkes, Chief Financial Officer, received a compensation package of $488K. 43% of the compensation package, or $211K, was in salary.
Randall Meyer, Chief Operating Officer, earned $367K in 2022.
PetVivo Holdings' fiscal year ends on March 31.