Pacific Ethanol CEO Michael Kandris' 2021 pay jumps 151% to $1.9M

Pacific Ethanol reports 2021 executive compensation

By ExecPay News

Published: May 2, 2022

Pacific Ethanol reported fiscal year 2021 executive compensation information on May 2, 2022.
In 2021, five executives at Pacific Ethanol received on average a compensation package of $1.1M, a 109% increase compared to previous year.
Average pay of disclosed executives at Pacific Ethanol
Michael D. Kandris, Chief Executive Officer, received $1.9M in total, which increased by 151% compared to 2020. 38% of Kandris' compensation, or $707K, was in stock awards. Kandris also received $643K in non-equity incentive plan, $510K in salary, as well as $19K in other compensation.
For fiscal year 2021, the median employee pay was $80,677 at Pacific Ethanol. Therefore, the ratio of Michael D. Kandris' pay to the median employee pay was 23 to one.
Bryon T. McGregor, Chief Financial Officer, received a compensation package of $910K, which increased by 89% compared to previous year. 37% of the compensation package, or $336K, was in salary.
Christopher W. Wright, General Counsel, earned $850K in 2021, a 83% increase compared to previous year.
James R. Sneed, Vice President and Chief Commercial Officer, received $809K in 2021, which increases by 79% compared to 2020.
Paul P. Koehler, Former Vice President, Commodities and Corporate Development, earned $803K in 2021, a 140% increase compared to previous year.

Related executives

Michael Kandris

Pacific Ethanol

Chief Executive Officer

Bryon McGregor

Pacific Ethanol

Chief Financial Officer

Christopher Wright

Pacific Ethanol

General Counsel

James Sneed

Pacific Ethanol

Vice President and Chief Commercial Officer

Paul Koehler

Pacific Ethanol

Former Vice President, Commodities and Corporate Development

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Source: SEC filing on May 2, 2022.