Vivakor CFO Tyler Nelson's 2022 pay jumps 4,932% to $2.5M
Vivakor reports 2022 executive compensation
By ExecPay News
Published: November 17, 2023
Vivakor reported fiscal year 2022 executive compensation information on November 17, 2023.
In 2022, three Vivakor executives received on average a compensation package of $1.3M, a 2,581% increase compared to previous year.
Average pay of disclosed executives at Vivakor
- Salary
- Stock
- Options
- Bonus
- Other
Tyler Nelson, Chief Financial Officer, received $2.5M in total, which increased by 4,932% compared to 2021. 66% of Nelson's compensation, or $1.7M, was in option awards. Nelson also received $605K in bonus, $219K in salary, as well as $35K in other compensation.
Matthew Nicosia, Chief Executive Officer, received a compensation package of $1.3M, which increased by 2556% compared to previous year. 79% of the compensation package, or $1.1M, was in option awards.
James Ballengee, Chief Executive Officer, earned $178K in 2022.
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Source: SEC filing on November 17, 2023.