System1 CEO Chris Phillips receives $26M in 2022
System1 reports 2022 executive compensation
By ExecPay News
Published: June 7, 2023
System1 reported fiscal year 2022 executive compensation information on June 7, 2023.
In 2022, three System1 executives received on average a compensation package of $13M, a 2,971% increase compared to previous year.
Average pay of disclosed executives at System1
Chris Phillips, Chief Executive Officer, received $26M in total. 76% of Phillips' compensation, or $20M, was in bonus. Phillips also received $100K in salary and $6.4M in stock awards.
Michael Blend, Chief Executive Officer, received a compensation package of $8.5M. 100% of the compensation package, or $8.5M, was in stock awards.
Tridivesh Kidambi, Chief Financial Officer, earned $4.5M in 2022, a 950% increase compared to previous year.
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Source: SEC filing on June 7, 2023.