Evolus CEO David Moatazedi's 2023 pay jumps 212% to $11M
Evolus reports 2023 executive compensation
By ExecPay News
Published: April 26, 2024
Evolus reported fiscal year 2023 executive compensation information on April 26, 2024.
In 2023, three Evolus executives received on average a compensation package of $5.5M, a 173% increase compared to previous year.
Average pay of disclosed executives at Evolus
David Moatazedi, Chief Executive Officer, received $11M in total, which increased by 212% compared to 2022. 66% of Moatazedi's compensation, or $7.4M, was in stock awards. Moatazedi also received $1M in non-equity incentive plan, $2.1M in option awards, $688K in salary, as well as $42K in other compensation.
Rui Avelar, Chief Medical Officer, received a compensation package of $2.9M, which increased by 132% compared to previous year. 48% of the compensation package, or $1.4M, was in stock awards.
Sandra Beaver, Chief Financial Officer, earned $2.5M in 2023, a 35% increase compared to previous year.
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Source: SEC filing on April 26, 2024.