SmileDirectClub CFO Kyle Wailes' 2019 pay jumps 5,982% to $22M
SmileDirectClub reports 2019 executive compensation
By ExecPay News
Published: April 23, 2021
SmileDirectClub reported fiscal year 2019 executive compensation information on April 23, 2021.
In 2019, four executives at SmileDirectClub received on average a compensation package of $10M, a 2,260% increase compared to previous year.
Average pay of disclosed executives at SmileDirectClub
Kyle Wailes, Chief Financial Officer, received $22M in total, which increased by 5,982% compared to 2018. 90% of Wailes' compensation, or $19M, was in stock awards. Wailes also received $248K in bonus, $1.4M in option awards, $475K in salary, as well as $923 in other compensation.
Steven Katzman, Chief Operating Officer, received a compensation package of $8.3M, which increased by 1147% compared to previous year. 64% of the compensation package, or $5.3M, was in bonus.
David Katzman, Chief Executive Officer, earned $6.6M in 2019, a 2595% increase compared to previous year.
Susan Greenspon Rammelt, Chief Legal Officer, received $3.4M in 2019.
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Source: SEC filing on April 23, 2021.