Red Cat Holdings CEO Jeffrey Thompson's 2024 pay jumps 117% to $1.8M
Red Cat Holdings reports 2024 executive compensation
By ExecPay News
Published: August 28, 2024
Red Cat Holdings reported fiscal year 2024 executive compensation information on August 28, 2024.
In 2024, five executives at Red Cat Holdings received on average a compensation package of $790K, a 16% increase compared to previous year.
Average pay of disclosed executives at Red Cat Holdings
Jeffrey Thompson, Chief Executive Officer, received $1.8M in total, which increased by 117% compared to 2023. 74% of Thompson's compensation, or $1.3M, was in option awards. Thompson also received $156K in bonus, $300K in salary, as well as $11K in other compensation.
Allan Evans, Chief Operating Officer, received a compensation package of $1M, which increased by 1% compared to previous year. 86% of the compensation package, or $888K, was in option awards.
Joseph Hernon, Chief Financial Officer, earned $639K in 2024, a 22% decrease compared to previous year.
George Matus, Chief Technology Officer, received $285K in 2024, which decreases by 41% compared to 2023.
Leah Lunger, Chief Financial Officer, earned $206K in 2024, a 23% decrease compared to previous year.
Red Cat Holdings' fiscal year ends on April 30.
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Source: SEC filing on August 28, 2024.