Potbelly CEO Robert Wright's 2021 pay falls 25% to $1.7M
Potbelly reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
Potbelly reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, five Potbelly executives received on average a compensation package of $1.1M, a 27% increase compared to previous year.
Average pay of disclosed executives at Potbelly
Robert D. Wright, Chief Executive Officer, received $1.7M in total, which decreased by 25% compared to 2020. 50% of Wright's compensation, or $837K, was in non-equity incentive plan. Wright also received $400K in bonus, $325K in salary, as well as $108K in other compensation.
For fiscal year 2021, the median employee pay was $21,840 at Potbelly. Therefore, the ratio of Robert D. Wright's pay to the median employee pay was 76 to one.
Steven Cirulis, Chief Financial Officer, received a compensation package of $1.3M, which increased by 16% compared to previous year. 40% of the compensation package, or $504K, was in stock awards.
Adam Noyes, Senior Vice President and Chief Operations Officer, earned $1.1M in 2021, a 102% increase compared to previous year.
Jeffrey Douglas, Senior Vice President and Chief Information Officer, received $785K in 2021, which increases by 53% compared to 2020.
Adiya Dixon, Chief Legal Officer, earned $761K in 2021, a 2288% increase compared to previous year.
Potbelly's fiscal year ends on December 30.
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Source: SEC filing on April 1, 2022.