TuSimple Holdings CEO Cheng Lu's 2022 pay falls 85% to $10M
TuSimple Holdings reports 2022 executive compensation
By ExecPay News
Published: October 30, 2023
TuSimple Holdings reported fiscal year 2022 executive compensation information on October 30, 2023.
In 2022, six executives at TuSimple Holdings received on average a compensation package of $3.7M, a 85% decrease compared to previous year.
Average pay of disclosed executives at TuSimple Holdings
Cheng Lu, Chief Executive Officer, received $10M in total, which decreased by 85% compared to 2021. 90% of Lu's compensation, or $9.1M, was in stock awards. Lu also received $400K in bonus, $197K in salary, as well as $451K in other compensation.
James Mullen, Former Chief Administrative and Legal Officer, received a compensation package of $4.4M, which decreased by 53% compared to previous year. 78% of the compensation package, or $3.5M, was in stock awards.
Patrick Dillon, Chief Financial Officer, earned $4.2M in 2022, a 123% increase compared to previous year.
Eric Tapia, Chief Financial Officer, received $1.8M in 2022.
Ersin Yumer, Chief Executive Officer, earned $1.4M in 2022.
Xiaodi Hou, Chief Executive Officer, received $439K in 2022, which decreases by 98% compared to 2021.
Related executives
Cheng Lu
TuSimple Holdings
Chief Executive Officer
Xiaodi Hou
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Chief Executive Officer
Ersin Yumer
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Chief Executive Officer
Eric Tapia
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Chief Financial Officer
Patrick Dillon
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James Mullen
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Source: SEC filing on October 30, 2023.