Hanger CEO Vinit Asar's 2020 pay jumps 61% to $7.9M
Hanger reports 2020 executive compensation
By ExecPay News
Published: April 8, 2021
Hanger reported fiscal year 2020 executive compensation information on April 8, 2021.
In 2020, six Hanger executives received on average a compensation package of $2.9M, a 65% increase compared to previous year.
Average pay of disclosed executives at Hanger
Vinit Asar, Chief Executive Officer, received $7.9M in total, which increased by 61% compared to 2019. 75% of Asar's compensation, or $6M, was in stock awards. Asar also received $748K of change in pension value and nonqualified deferred compensation earnings, $779K in non-equity incentive plan, $437K in salary, as well as $25K in other compensation.
For fiscal year 2020, the median employee pay was $55,180 at Hanger. Therefore, the ratio of Vinit Asar's pay to the median employee pay was 144 to one.
Thomas E. Kiraly, Chief Financial Officer, received a compensation package of $2.7M, which increased by 74% compared to previous year. 70% of the compensation package, or $1.9M, was in stock awards.
Samuel M. Liang, Chief Operating Officer, earned $2.5M in 2020, a 87% increase compared to previous year.
Thomas E. Hartman, General Counsel, received $1.9M in 2020, which increases by 73% compared to 2019.
C. Scott Ranson, Executive Vice President, Corporate Services and Chief Information Officer of our Company, earned $1.4M in 2020, a 66% increase compared to previous year.
Gabrielle B. Adams, Chief Accounting Officer, received $1M in 2020.
Related executives
Vinit Asar
Hanger
Chief Executive Officer
Thomas Kiraly
Hanger
Chief Financial Officer
Thomas Hartman
Hanger
General Counsel
C Ranson
Hanger
Executive Vice President, Corporate Services and Chief Information Officer of our Company
Gabrielle Adams
Hanger
Chief Accounting Officer
Samuel Liang
Hanger
Chief Operating Officer
You may also like
Source: SEC filing on April 8, 2021.