NEXTNAV CEO Mariam Sorond receives $11M in 2023
NEXTNAV reports 2023 executive compensation
By ExecPay News
Published: March 28, 2024
NEXTNAV reported fiscal year 2023 executive compensation information on March 28, 2024.
In 2023, four NEXTNAV executives received on average a compensation package of $3.7M, a 231% increase compared to previous year.
Average pay of disclosed executives at NEXTNAV
Mariam Sorond, Chief Executive Officer, received $11M in total. 98% of Sorond's compensation, or $10M, was in stock awards. Sorond also received $165K in non-equity incentive plan and $50K in salary.
Ganesh Pattabiraman, Chief Executive Officer, received a compensation package of $2M, which increased by 26% compared to previous year. 33% of the compensation package, or $643K, was in stock awards.
Christian Gates, Chief Financial Officer, earned $1.3M in 2023, a 46% increase compared to previous year.
David Knutson, Former Senior Vice President, Network Operations and Deployment, received $1M in 2023, which increases by 12% compared to 2022.
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Source: SEC filing on March 28, 2024.