Clearfield CEO Cheryl Beranek's 2022 pay jumps 30% to $2M
Clearfield reports 2022 executive compensation
By ExecPay News
Published: January 10, 2023
Clearfield reported fiscal year 2022 executive compensation information on January 10, 2023.
In 2022, three Clearfield executives received on average a compensation package of $1.6M, a 31% increase compared to previous year.
Average pay of disclosed executives at Clearfield
Cheryl Beranek, Chief Executive Officer, received $2M in total, which increased by 30% compared to 2021. 48% of Beranek's compensation, or $955K, was in non-equity incentive plan. Beranek also received $225K in option awards, $374K in salary, $399K in stock awards, as well as $20K in other compensation.
John P. Hill, Chief Operating Officer, received a compensation package of $2M, which increased by 30% compared to previous year. 48% of the compensation package, or $955K, was in non-equity incentive plan.
Daniel R. Herzog, Chief Financial Officer, earned $946K in 2022, a 35% increase compared to previous year.
Clearfield's fiscal year ends on September 30.
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Source: SEC filing on January 10, 2023.