TREACE MEDICAL CONCEPTS CEO John Treace's 2022 pay jumps 426% to $3.6M
TREACE MEDICAL CONCEPTS reports 2022 executive compensation
By ExecPay News
Published: April 4, 2023
TREACE MEDICAL CONCEPTS reported fiscal year 2022 executive compensation information on April 4, 2023.
In 2022, three executives at TREACE MEDICAL CONCEPTS received on average a compensation package of $2.2M, a 68% increase compared to previous year.
Average pay of disclosed executives at TREACE MEDICAL CONCEPTS
John T. Treace, Chief Executive Officer, received $3.6M in total, which increased by 426% compared to 2021. 53% of Treace's compensation, or $1.9M, was in option awards. Treace also received $457K in non-equity incentive plan, $568K in salary, $649K in stock awards, as well as $11K in other compensation.
Mark L. Hair, Chief Financial Officer, received a compensation package of $1.5M, which increased by 18% compared to previous year. 44% of the compensation package, or $681K, was in option awards.
Aaron J. Berutti, Senior Vice President, Sales, earned $1.4M in 2022, a 26% decrease compared to previous year.
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Source: SEC filing on April 4, 2023.