Pacific Ethanol CEO Michael Kandris' 2022 pay falls 21% to $1.5M
Pacific Ethanol reports 2022 executive compensation
By ExecPay News
Published: April 28, 2023
Pacific Ethanol reported fiscal year 2022 executive compensation information on April 28, 2023.
In 2022, five executives at Pacific Ethanol received on average a compensation package of $804K, a 23% decrease compared to previous year.
Average pay of disclosed executives at Pacific Ethanol
Michael D. Kandris, Chief Executive Officer, received $1.5M in total, which decreased by 21% compared to 2021. 59% of Kandris' compensation, or $874K, was in stock awards. Kandris also received $73K in non-equity incentive plan, $524K in salary, as well as $21K in other compensation.
For fiscal year 2022, the median employee pay was $82,011 at Pacific Ethanol. Therefore, the ratio of Michael D. Kandris' pay to the median employee pay was 18 to one.
Auste M. Graham, General Counsel, received a compensation package of $862K. 49% of the compensation package, or $424K, was in stock awards.
Bryon T. McGregor, Chief Financial Officer, earned $720K in 2022, a 21% decrease compared to previous year.
James R. Sneed, Vice President and Chief Commercial Officer, received $617K in 2022, which decreases by 24% compared to 2021.
Christopher W. Wright, General Counsel, earned $329K in 2022, a 61% decrease compared to previous year.
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Source: SEC filing on April 28, 2023.