Micronet Enertec Technologies CEO Darren Mercer's 2022 pay falls 59% to $4.2M
Micronet Enertec Technologies reports 2022 executive compensation
By ExecPay News
Published: December 6, 2023
Micronet Enertec Technologies reported fiscal year 2022 executive compensation information on December 6, 2023.
In 2022, three executives at Micronet Enertec Technologies received on average a compensation package of $1.6M, a 56% decrease compared to previous year.
Average pay of disclosed executives at Micronet Enertec Technologies
Darren Mercer, Chief Executive Officer, received $4.2M in total, which decreased by 59% compared to 2021. 51% of Mercer's compensation, or $2.1M, was in stock awards. Mercer also received $1M in bonus, $800K in salary, as well as $229K in other compensation.
Moran Amran, Controller, received a compensation package of $377K, which decreased by 27% compared to previous year. 65% of the compensation package, or $244K, was in salary.
Hao Kevin Chen, Chief Financial Officer, earned $270K in 2022, a 91% increase compared to previous year.
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Source: SEC filing on December 6, 2023.