Wheels Up Experience President Vinayak Hegde receives $11M in 2021
Wheels Up Experience reports 2021 executive compensation
By ExecPay News
Published: April 19, 2022
Wheels Up Experience reported fiscal year 2021 executive compensation information on April 19, 2022.
In 2021, three executives at Wheels Up Experience received on average a compensation package of $7.7M, a 96% increase compared to previous year.
Vinayak Hegde, President, received $11M in total. 50% of Hegde's compensation, or $5.4M, was in stock awards. Hegde also received $250K in bonus, $346K in non-equity incentive plan, $4.4M in option awards, $313K in salary, as well as $27K in other compensation.
Kenny Dichter, Chief Executive Officer, received a compensation package of $9.5M, which increased by 39% compared to previous year. 72% of the compensation package, or $6.8M, was in other compensation.
Eric Jacobs, Chief Financial Officer, earned $2.9M in 2021, a 186% increase compared to previous year.