Lucid Group CEO Peter Rawlinson's 2021 pay jumps 83,320% to $566M
Lucid Group reports 2021 executive compensation
By ExecPay News
Published: April 28, 2022
Lucid Group reported fiscal year 2021 executive compensation information on April 28, 2022.
In 2021, four executives at Lucid Group received on average a compensation package of $157M, a 19,088% increase compared to previous year.
Average pay of disclosed executives at Lucid Group
Peter Rawlinson, Chief Executive Officer, received $566M in total, which increased by 83,320% compared to 2020. 98% of Rawlinson's compensation, or $556M, was in stock awards. Rawlinson also received $2.2M in bonus, $216K in non-equity incentive plan, $529K in salary, as well as $6.6M in other compensation.
Michael Bell, Senior Vice President,, received a compensation package of $29M. 92% of the compensation package, or $27M, was in stock awards.
Eric Bach, Senior Vice President, Product and Chief, earned $18M in 2021, a 1760% increase compared to previous year.
Sherry House, Chief Financial Officer, received $17M in 2021.
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Source: SEC filing on April 28, 2022.