Energy Vault Holdings CEO Robert Piconi's 2022 pay jumps 373% to $22M
Energy Vault Holdings reports 2022 executive compensation
By ExecPay News
Published: April 17, 2023
Energy Vault Holdings reported fiscal year 2022 executive compensation information on April 17, 2023.
In 2022, three executives at Energy Vault Holdings received on average a compensation package of $13M, a 341% increase compared to previous year.
Average pay of disclosed executives at Energy Vault Holdings
Robert Piconi, Chief Executive Officer, received $22M in total, which increased by 373% compared to 2021. 92% of Piconi's compensation, or $20M, was in stock awards. Piconi also received $1M in non-equity incentive plan, $710K in salary, as well as $129K in other compensation.
Marco Terruzzin, Chief Product Officer, received a compensation package of $8.4M, which increased by 679% compared to previous year. 94% of the compensation package, or $7.8M, was in stock awards.
Josh McMorrow, Chief Legal Officer, earned $7.5M in 2022.
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Source: SEC filing on April 17, 2023.