VirnetX Holding CEO Kendall Larsen's 2011 pay jumps 67% to $1.8M
VirnetX Holding reports 2011 executive compensation
By ExecPay News
Published: April 24, 2012
VirnetX Holding reported fiscal year 2011 executive compensation information on April 24, 2012.
In 2011, two executives at VirnetX Holding received on average a compensation package of $1M, a 53% increase compared to previous year.
Average pay of disclosed executives at VirnetX Holding
Kendall Larsen, Chief Executive Officer, received $1.8M in total, which increased by 67% compared to 2010. 60% of Larsen's compensation, or $1.1M, was in option awards. Larsen also received $288K in bonus and $420K in salary.
William Sliney, Chief Financial Officer, received a compensation package of $318K, which increased by 6% compared to previous year. 67% of the compensation package, or $214K, was in option awards.
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Source: SEC filing on April 24, 2012.