VirnetX Holding CEO Kendall Larsen's 2007 pay jumps 109% to $510K
VirnetX Holding reports 2007 executive compensation
By ExecPay News
Published: April 29, 2008
VirnetX Holding reported fiscal year 2007 executive compensation information on April 29, 2008.
In 2007, two executives at VirnetX Holding received on average a compensation package of $301K, a 119% increase compared to previous year.
Kendall Larsen, Chief Executive Officer, received $510K in total, which increased by 109% compared to 2006. 48% of Larsen's compensation, or $245K, was in salary. Larsen also received $244K in bonus and $21K in option awards.
William Sliney, Chief Financial Officer, received a compensation package of $91K, which increased by 203% compared to previous year. 43% of the compensation package, or $39K, was in option awards.