Retractable Technologies CEO Thomas Shaw's 2021 pay jumps 2,129% to $12M
Retractable Technologies reports 2021 executive compensation
By ExecPay News
Published: March 31, 2022
Retractable Technologies reported fiscal year 2021 executive compensation information on March 31, 2022.
In 2021, five executives at Retractable Technologies received on average a compensation package of $3.3M, a 1,017% increase compared to previous year.
Average pay of disclosed executives at Retractable Technologies
Thomas J. Shaw, Chief Executive Officer, received $12M in total, which increased by 2,129% compared to 2020. 89% of Shaw's compensation, or $10M, was in option awards. Shaw also received $300K in bonus, $1M in salary, as well as $5.8K in other compensation.
Michele M. Larios, General Counsel, received a compensation package of $3.1M, which increased by 770% compared to previous year. 84% of the compensation package, or $2.6M, was in option awards.
John W. Fort III, Chief Financial Officer, earned $1.4M in 2021, a 599% increase compared to previous year.
Kathryn M. Duesman, Vice President of Clinical Affairs, received $321K in 2021, which increases by 13% compared to 2020.
Lawrence G. Salerno, Director of Operations, earned $290K in 2021, a 7% increase compared to previous year.
Related executives
Thomas Shaw
Retractable Technologies
Chief Executive Officer
Michele Larios
Retractable Technologies
General Counsel
John Fort
Retractable Technologies
Chief Financial Officer
Kathryn Duesman
Retractable Technologies
Vice President of Clinical Affairs
Lawrence Salerno
Retractable Technologies
Director of Operations
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Source: SEC filing on March 31, 2022.