EVERSPIN TECHNOLOGIES CEO Sanjeev Aggarwal's 2022 pay jumps 146% to $2.2M

EVERSPIN TECHNOLOGIES reports 2022 executive compensation

By ExecPay News

Published: April 11, 2023

EVERSPIN TECHNOLOGIES reported fiscal year 2022 executive compensation information on April 11, 2023.
In 2022, three executives at EVERSPIN TECHNOLOGIES received on average a compensation package of $1.6M, a 55% increase compared to previous year.
Average pay of disclosed executives at EVERSPIN TECHNOLOGIES
Sanjeev Aggarwal, Chief Executive Officer, received $2.2M in total, which increased by 146% compared to 2021. 30% of Aggarwal's compensation, or $673K, was in stock awards. Aggarwal also received $561K in non-equity incentive plan, $605K in option awards, $400K in salary, as well as $834 in other compensation.
Anuj Aggarwal, Chief Financial Officer, received a compensation package of $1.8M, which increased by 136% compared to previous year. 35% of the compensation package, or $618K, was in stock awards.
Darin Billerbeck, Chief Executive Officer, earned $866K in 2022, a 42% decrease compared to previous year.

Related executives

Sanjeev Aggarwal

EVERSPIN TECHNOLOGIES

Chief Executive Officer

Darin Billerbeck

EVERSPIN TECHNOLOGIES

Chief Executive Officer

Anuj Aggarwal

EVERSPIN TECHNOLOGIES

Chief Financial Officer

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Source: SEC filing on April 11, 2023.