ZYNEX COO Giuseppe Papandrea receives $1.9M in 2019

ZYNEX reports 2019 executive compensation

By ExecPay News

Published: April 1, 2022

ZYNEX reported fiscal year 2019 executive compensation information on April 1, 2022.
In 2019, four ZYNEX executives received on average a compensation package of $825K, a 11% increase compared to previous year.
Average pay of disclosed executives at ZYNEX
Giuseppe Papandrea, Chief Operating Officer, received $1.9M in total. 90% of Papandrea's compensation, or $1.7M, was in option awards. Papandrea also received $90K in non-equity incentive plan, $86K in salary, as well as $11K in other compensation.
Daniel Moorhead, Chief Financial Officer, received a compensation package of $728K, which increased by 80% compared to previous year. 52% of the compensation package, or $375K, was in option awards.
Thomas Sandgaard, Chief Executive Officer, earned $527K in 2019, a 51% decrease compared to previous year.
Anna Lucsok, Chief Operating Officer, received $145K in 2019.

Related executives

Anna Lucsok

ZYNEX

Chief Operating Officer

Thomas Sandgaard

ZYNEX

Chief Executive Officer

Giuseppe Papandrea

ZYNEX

Chief Operating Officer

Daniel Moorhead

ZYNEX

Chief Financial Officer

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Source: SEC filing on April 1, 2022.