Solo Brands CEO John Merris' 2022 pay rises 12% to $3M
Solo Brands reports 2022 executive compensation
By ExecPay News
Published: April 14, 2023
Solo Brands reported fiscal year 2022 executive compensation information on April 14, 2023.
In 2022, four executives at Solo Brands received on average a compensation package of $2.2M, a 9% increase compared to previous year.
Average pay of disclosed executives at Solo Brands
John Merris, Chief Executive Officer, received $3M in total, which increased by 12% compared to 2021. 62% of Merris' compensation, or $1.9M, was in stock awards. Merris also received $488K in bonus, $650K in salary, as well as $10K in other compensation.
Somer Webb, Chief Financial Officer, received a compensation package of $2.5M. 60% of the compensation package, or $1.5M, was in stock awards.
Rainer Castillo, Brand President of Chubbies and former Chief Product Officer, earned $1.7M in 2022.
Thomas Montgomery, Chief Digital Officer, received $1.6M in 2022.
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Source: SEC filing on April 14, 2023.