Vermillion CEO Valerie Palmieri's 2021 pay jumps 183% to $2.7M
Vermillion reports 2021 executive compensation
By ExecPay News
Published: April 29, 2022
Vermillion reported fiscal year 2021 executive compensation information on April 29, 2022.
In 2021, two Vermillion executives received on average a compensation package of $1.9M, a 156% increase compared to previous year.
Average pay of disclosed executives at Vermillion
Valerie B. Palmieri, Chief Executive Officer, received $2.7M in total, which increased by 183% compared to 2020. 79% of Palmieri's compensation, or $2.1M, was in option awards. Palmieri also received $135K in non-equity incentive plan, $439K in salary, as well as $682 in other compensation.
Robert Beechey, Chief Financial Officer, received a compensation package of $1.1M, which increased by 107% compared to previous year. 65% of the compensation package, or $706K, was in option awards.
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Source: SEC filing on April 29, 2022.