Electromed CEO Kathleen Skarvan's 2022 pay slips 11% to $1M

Electromed reports 2022 executive compensation

By ExecPay News

Published: September 27, 2022

Electromed reported fiscal year 2022 executive compensation information on September 27, 2022.
In 2022, four Electromed executives received on average a compensation package of $531K, a 43% decrease compared to previous year.
Average pay of disclosed executives at Electromed
Kathleen S. Skarvan, Chief Executive Officer, received $1M in total, which decreased by 11% compared to 2021. 43% of Skarvan's compensation, or $448K, was in salary. Skarvan also received $243K in non-equity incentive plan, $207K in option awards, $124K in stock awards, as well as $23K in other compensation.
Michael J. MacCourt, Chief Financial Officer, received a compensation package of $657K, which decreased by 4% compared to previous year. 44% of the compensation package, or $289K, was in salary.
Christopher G. Holland, Chief Commercial Officer, earned $289K in 2022.
Michelle C. Wirtz, Chief Financial Officer, received $132K in 2022.
Electromed's fiscal year ends on June 30.

Related executives

Kathleen Skarvan

Electromed

Chief Executive Officer

Christopher Holland

Electromed

Chief Commercial Officer

Michelle Wirtz

Electromed

Chief Financial Officer

Michael MacCourt

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Source: SEC filing on September 27, 2022.