GrowGeneration Corp. CFO Jeffrey Lasher receives $3.6M in 2021
GrowGeneration Corp. reports 2021 executive compensation
By ExecPay News
Published: April 27, 2022
GrowGeneration Corp. reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, six executives at GrowGeneration Corp. received on average a compensation package of $1.6M, a 183% increase compared to previous year.
Average pay of disclosed executives at GrowGeneration Corp.
Jeffrey Lasher, Chief Financial Officer, received $3.6M in total. 92% of Lasher's compensation, or $3.3M, was in stock awards. Lasher also received $11K in bonus, $63K in option awards, as well as $212K in salary.
For fiscal year 2021, the median employee pay was $34,103 at GrowGeneration Corp.. Therefore, the ratio of Jeffrey Lasher's pay to the median employee pay was 105 to one.
Darren Lampert, Chief Executive Officer, received a compensation package of $2M, which increased by 134% compared to previous year. 84% of the compensation package, or $1.7M, was in bonus.
Michael Salaman, President, earned $2M in 2021, a 134% increase compared to previous year.
Paul Rutenis, Chief Merchandising Officer, received $1.6M in 2021.
Tony Sullivan, Chief Operating Officer, earned $310K in 2021, a 10% decrease compared to previous year.
Monty Lamirato, Chief Financial Officer, received $129K in 2021, which decreases by 37% compared to 2020.
Related executives
Darren Lampert
GrowGeneration Corp.
Chief Executive Officer
Michael Salaman
GrowGeneration Corp.
President
Monty Lamirato
GrowGeneration Corp.
Chief Financial Officer
Tony Sullivan
GrowGeneration Corp.
Chief Operating Officer
Jeffrey Lasher
GrowGeneration Corp.
Chief Financial Officer
Paul Rutenis
GrowGeneration Corp.
Chief Merchandising Officer
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Source: SEC filing on April 27, 2022.