SEMrush Holdings CEO Oleg Shchegolev's 2022 pay jumps 419% to $6M

SEMrush Holdings reports 2022 executive compensation

By ExecPay News

Published: April 18, 2023

SEMrush Holdings reported fiscal year 2022 executive compensation information on April 18, 2023.
In 2022, four executives at SEMrush Holdings received on average a compensation package of $3.7M, a 221% increase compared to previous year.
Average pay of disclosed executives at SEMrush Holdings
Oleg Shchegolev, Chief Executive Officer, received $6M in total, which increased by 419% compared to 2021. 75% of Shchegolev's compensation, or $4.5M, was in stock awards. Shchegolev also received $1.5M in option awards and $10K in other compensation.
Dmitry Melnikov, Chief Operating Officer, received a compensation package of $3.1M. 73% of the compensation package, or $2.3M, was in stock awards.
Evgeny Fetisov, Chief Financial Officer, earned $2.9M in 2022.
Eugene Levin, President, received $2.9M in 2022.

Related executives

Oleg Shchegolev

SEMrush Holdings

Chief Executive Officer

Evgeny Fetisov

SEMrush Holdings

Chief Financial Officer

Eugene Levin

SEMrush Holdings

President

Dmitry Melnikov

SEMrush Holdings

Chief Operating Officer

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Source: SEC filing on April 18, 2023.