VirnetX Holding CEO Kendall Larsen's 2019 pay falls 42% to $1.1M
VirnetX Holding reports 2019 executive compensation
By ExecPay News
Published: April 10, 2020
VirnetX Holding reported fiscal year 2019 executive compensation information on April 10, 2020.
In 2019, three executives at VirnetX Holding received on average a compensation package of $647K, a 40% decrease compared to previous year.
Kendall Larsen, Chief Executive Officer, received $1.1M in total, which decreased by 42% compared to 2018. 67% of Larsen's compensation, or $725K, was in salary. Larsen also received $187K in option awards and $163K in stock awards.
Robert D. Short III, Chief Technology Officer, received a compensation package of $605K, which decreased by 43% compared to previous year. 71% of the compensation package, or $430K, was in salary.
Richard H. Nance, Chief Financial Officer, earned $261K in 2019, a 17% decrease compared to previous year.