VirnetX Holding CEO Kendall Larsen's 2021 pay falls 48% to $1.6M
VirnetX Holding reports 2021 executive compensation
By ExecPay News
Published: April 20, 2022
VirnetX Holding reported fiscal year 2021 executive compensation information on April 20, 2022.
In 2021, four executives at VirnetX Holding received on average a compensation package of $818K, a 63% decrease compared to previous year.
Average pay of disclosed executives at VirnetX Holding
Kendall Larsen, Chief Executive Officer, received $1.6M in total, which decreased by 48% compared to 2020. 46% of Larsen's compensation, or $730K, was in salary. Larsen also received $365K in bonus, $327K in option awards, $122K in stock awards, as well as $56K in other compensation.
For fiscal year 2021, the median employee pay was $333,391 at VirnetX Holding. Therefore, the ratio of Kendall Larsen's pay to the median employee pay was 5 to one.
Robert D. Short III, Chief Scientist, received a compensation package of $979K, which decreased by 65% compared to previous year. 47% of the compensation package, or $465K, was in salary.
Katherine Allanson, Chief Financial Officer, earned $513K in 2021.
Richard H. Nance, Former Chief Finanical Officer, received $177K in 2021, which decreases by 74% compared to 2020.
Related executives
You may also like
Source: SEC filing on April 20, 2022.