Hanger CEO Vinit Asar's 2019 pay rises 17% to $4.9M

Hanger reports 2019 executive compensation

By ExecPay News

Published: April 8, 2021

Hanger reported fiscal year 2019 executive compensation information on April 8, 2021.
In 2019, six Hanger executives received on average a compensation package of $1.8M, a 7% increase compared to previous year.
Average pay of disclosed executives at Hanger
Vinit Asar, Chief Executive Officer, received $4.9M in total, which increased by 17% compared to 2018. 57% of Asar's compensation, or $2.8M, was in stock awards. Asar also received $686K of change in pension value and nonqualified deferred compensation earnings, $682K in non-equity incentive plan, $739K in salary, as well as $32K in other compensation.
For fiscal year 2019, the median employee pay was $54,755 at Hanger. Therefore, the ratio of Vinit Asar's pay to the median employee pay was 90 to one.
Thomas E. Kiraly, Chief Financial Officer, received a compensation package of $1.6M, which decreased by 3% compared to previous year. 47% of the compensation package, or $735K, was in stock awards.
Samuel M. Liang, Chief Operating Officer, earned $1.3M in 2019, a 14% decrease compared to previous year.
Thomas E. Hartman, General Counsel, received $1.1M in 2019, which increases by 16% compared to 2018.
C. Scott Ranson, Executive Vice President, Corporate Services and Chief Information Officer of our Company, earned $829K in 2019, a 6% increase compared to previous year.
Scott Ranson, Executive Vice President, Corporate Services and Chief Information Officer of our Company, received $826K in 2019, which increases by 6% compared to 2018.

Related executives

C Ranson

Hanger

Executive Vice President, Corporate Services and Chief Information Officer of our Company

Vinit Asar

Hanger

Chief Executive Officer

Thomas Kiraly

Hanger

Chief Financial Officer

Samuel Liang

Hanger

Chief Operating Officer

Thomas Hartman

Hanger

General Counsel

Scott Ranson

Hanger

Executive Vice President, Corporate Services and Chief Information Officer of our Company

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Source: SEC filing on April 8, 2021.