AxoGen CEO Karen Zaderej's 2021 pay jumps 32% to $5.4M
AxoGen reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
AxoGen reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five AxoGen executives received on average a compensation package of $2.5M, a 39% increase compared to previous year.
Average pay of disclosed executives at AxoGen
Karen Zaderej, Chief Executive Officer, received $5.4M in total, which increased by 32% compared to 2020. 63% of Zaderej's compensation, or $3.4M, was in stock awards. Zaderej also received $499K in non-equity incentive plan, $848K in option awards, $651K in salary, as well as $6K in other compensation.
For fiscal year 2021, the median employee pay was $174,840 at AxoGen. Therefore, the ratio of Karen Zaderej's pay to the median employee pay was 31 to one.
Peter Mariani, Chief Financial Officer, received a compensation package of $2.6M, which increased by 78% compared to previous year. 48% of the compensation package, or $1.3M, was in stock awards.
Angelo Scopelianos, Chief Research and Development Officer, earned $1.6M in 2021, a 32% increase compared to previous year.
Eric Sandberg, Chief Commercial Officer, received $1.5M in 2021, which increases by 18% compared to 2020.
Maria Martinez, Chief Human Resources Officer, earned $1.5M in 2021, a 47% increase compared to previous year.
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Source: SEC filing on April 14, 2022.