Ranpak Holdings Corp. Chairman Michael Jones' 2022 pay falls 82% to $1.3M
Ranpak Holdings Corp. reports 2022 executive compensation
By ExecPay News
Published: April 12, 2023
Ranpak Holdings Corp. reported fiscal year 2022 executive compensation information on April 12, 2023.
In 2022, five executives at Ranpak Holdings Corp. received on average a compensation package of $965K, a 88% decrease compared to previous year.
Average pay of disclosed executives at Ranpak Holdings Corp.
Michael A. Jones, Chairman, received $1.3M in total, which decreased by 82% compared to 2021. 100% of Jones' compensation, or $1.3M, was in stock awards. Jones also received $6.4K in other compensation.
For fiscal year 2022, the median employee pay was $65,791 at Ranpak Holdings Corp.. Therefore, the ratio of Michael A. Jones' pay to the median employee pay was 19 to one.
Omar Asali, Chief Executive Officer, received a compensation package of $1.3M, which decreased by 95% compared to previous year. 100% of the compensation package, or $1.3M, was in stock awards.
Eric Laurensse, Managing Director, Europe, earned $794K in 2022, a 82% decrease compared to previous year.
Antonio Grassotti, Managing Director, APAC, received $772K in 2022, which decreases by 77% compared to 2021.
Bill Drew, Chief Financial Officer, earned $717K in 2022, a 83% decrease compared to previous year.
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Source: SEC filing on April 12, 2023.