Terran Orbital Corp CEO Marc Bell's 2023 pay falls 33% to $5.2M
Terran Orbital Corp reports 2023 executive compensation
By ExecPay News
Published: April 10, 2024
Terran Orbital Corp reported fiscal year 2023 executive compensation information on April 10, 2024.
In 2023, three executives at Terran Orbital Corp received on average a compensation package of $2.7M, a 31% decrease compared to previous year.
Average pay of disclosed executives at Terran Orbital Corp
Marc Bell, Chief Executive Officer, received $5.2M in total, which decreased by 33% compared to 2022. 44% of Bell's compensation, or $2.3M, was in stock awards. Bell also received $1.8M in non-equity incentive plan, $995K in salary, as well as $103K in other compensation.
Gary Hobart, Chief Financial Officer, received a compensation package of $1.9M, which decreased by 42% compared to previous year. 64% of the compensation package, or $1.2M, was in stock awards.
Marco Villa, Chief Revenue Officer, earned $1.2M in 2023, a 30% decrease compared to previous year.
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Source: SEC filing on April 10, 2024.