Zevia PBC CEO Padraic Spence's 2021 pay falls 88% to $2.9M
Zevia PBC reports 2021 executive compensation
By ExecPay News
Published: April 22, 2022
Zevia PBC reported fiscal year 2021 executive compensation information on April 22, 2022.
In 2021, three Zevia PBC executives received on average a compensation package of $2.5M, a 81% decrease compared to previous year.
Padraic "Paddy" L. Spence, Chief Executive Officer, received $2.9M in total, which decreased by 88% compared to 2020. 93% of Spence's compensation, or $2.7M, was in stock awards. Spence also received $191K in salary and $12K in other compensation.
Harry "Hank" M. Margolis, Chief Operating Officer, received a compensation package of $2.4M, which decreased by 58% compared to previous year. 87% of the compensation package, or $2M, was in stock awards.
Robert J. Gay, Chief Strategy Officer and EVP, Sales & Marketing, earned $2.4M in 2021, a 75% decrease compared to previous year.