Zerify CTO Ramarao Pemmeraju's 2021 pay jumps 1,230% to $2.9M
Zerify reports 2021 executive compensation
By ExecPay News
Published: November 28, 2022
Zerify reported fiscal year 2021 executive compensation information on November 28, 2022.
In 2021, three Zerify executives received on average a compensation package of $1.5M, a 602% increase compared to previous year.
Average pay of disclosed executives at Zerify
Ramarao Pemmeraju, Chief Technology Officer, received $2.9M in total, which increased by 1,230% compared to 2020. 94% of Pemmeraju's compensation, or $2.7M, was in option awards. Pemmeraju also received $10K in bonus and $161K in salary.
Mark L. Kay, Chief Executive Officer, received a compensation package of $833K, which increased by 287% compared to previous year. 79% of the compensation package, or $662K, was in option awards.
George Waller, Executive Vice President, earned $833K in 2021, a 284% increase compared to previous year.
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Source: SEC filing on November 28, 2022.