HC2 Holdings CLO Joseph Ferraro's 2022 pay jumps 25% to $1.4M
HC2 Holdings reports 2022 executive compensation
By ExecPay News
Published: May 1, 2023
HC2 Holdings reported fiscal year 2022 executive compensation information on May 1, 2023.
In 2022, four executives at HC2 Holdings received on average a compensation package of $1.3M, a 9% increase compared to previous year.
Average pay of disclosed executives at HC2 Holdings
Joseph A. Ferraro, Chief Legal Officer, received $1.4M in total, which increased by 25% compared to 2021. 48% of Ferraro's compensation, or $691K, was in non-equity incentive plan. Ferraro also received $402K in salary, $230K in stock awards, as well as $102K in other compensation.
Wayne Barr, Jr, Chief Executive Officer, received a compensation package of $1.3M, which decreased by 3% compared to previous year. 41% of the compensation package, or $550K, was in salary.
Michael J. Sena, Chief Financial Officer, earned $1.3M in 2022, a 5% increase compared to previous year.
Suzi Raftery Herbst, Chief Operating Officer, received $1.3M in 2022, which increases by 13% compared to 2021.
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Source: SEC filing on May 1, 2023.