Microvision CEO Sumit Sharma's 2021 pay jumps 1,783% to $4.5M
Microvision reports 2021 executive compensation
By ExecPay News
Published: April 19, 2022
Microvision reported fiscal year 2021 executive compensation information on April 19, 2022.
In 2021, five executives at Microvision received on average a compensation package of $2M, a 541% increase compared to previous year.
Average pay of disclosed executives at Microvision
Sumit Sharma, Chief Executive Officer, received $4.5M in total, which increased by 1,783% compared to 2020. 93% of Sharma's compensation, or $4.2M, was in stock awards. Sharma also received $300 in bonus, $295K in salary, as well as $8.7K in other compensation.
For fiscal year 2021, the median employee pay was $269,056 at Microvision. Therefore, the ratio of Sumit Sharma's pay to the median employee pay was 17 to one.
Stephen P. Holt, Chief Financial Officer, received a compensation package of $2.4M, which increased by 606% compared to previous year. 65% of the compensation package, or $1.6M, was in stock awards.
Anubhav Verma, Chief Financial Officer, earned $1.6M in 2021.
Drew G. Markham, General Counsel, received $1.1M in 2021.
David J. Westgor, General Counsel, earned $179K in 2021, a 48% decrease compared to previous year.
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Source: SEC filing on April 19, 2022.