Elys Game Technology, Corp. CEO Michele Ciavarella's 2021 pay jumps 22% to $987K

Elys Game Technology, Corp. reports 2021 executive compensation

By ExecPay News

Published: October 18, 2022

Elys Game Technology, Corp. reported fiscal year 2021 executive compensation information on October 18, 2022.
In 2021, five executives at Elys Game Technology, Corp. received on average a compensation package of $570K, a 47% increase compared to previous year.
Average pay of disclosed executives at Elys Game Technology, Corp.
Michele Ciavarella, Chief Executive Officer, received $987K in total, which increased by 22% compared to 2020. 51% of Ciavarella's compensation, or $500K, was in salary. Ciavarella also received $375K in bonus and $112K in stock awards.
Matteo Monteverdi, Chief Executive Officer, received a compensation package of $730K, which increased by 88% compared to previous year. 58% of the compensation package, or $425K, was in salary.
Mark Korb, Chief Financial Officer, earned $490K in 2021, a 112% increase compared to previous year.
Alessandro Marcelli, Former Vice President of Operations, received $348K in 2021, which increases by 36% compared to 2020.
Luca Pasquini, Former Vice President of Technology and Director, earned $296K in 2021, a 16% increase compared to previous year.

Related executives

Michele Ciavarella

Elys Game Technology, Corp.

Chief Executive Officer

Matteo Monteverdi

Elys Game Technology, Corp.

Chief Executive Officer

Luca Pasquini

Elys Game Technology, Corp.

Former Vice President of Technology and Director

Alessandro Marcelli

Elys Game Technology, Corp.

Former Vice President of Operations

Mark Korb

Elys Game Technology, Corp.

Chief Financial Officer

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Source: SEC filing on October 18, 2022.