TMC the metals Co CEO Gerard Barron's 2021 pay jumps 2,412% to $14M
TMC the metals Co reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
TMC the metals Co reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, three executives at TMC the metals Co received on average a compensation package of $8.8M, a 1,724% increase compared to previous year.
Gerard Barron, Chief Executive Officer, received $14M in total, which increased by 2,412% compared to 2020. 76% of Barron's compensation, or $11M, was in option awards. Barron also received $297K in bonus, $565K in salary, as well as $2.5M in stock awards.
Anthony O'Sullivan, Chief Development Officer, received a compensation package of $6.2M, which increased by 1164% compared to previous year. 73% of the compensation package, or $4.5M, was in option awards.
Erika Ilves, Chief Strategy Officer, earned $6.1M in 2021, a 1435% increase compared to previous year.