Individual finance information site NerdWallet, which went public in 2021, compensated chief executive officer Tim Chen whole payment of $5.4 million past calendar year, according to the company’s initial proxy statement submitted with the Securities and Exchange Fee.
Chen been given $4.8 million in stock choices and a base salary of $535,261 last yr. His base wage rose 18.9 percent from $450,000 in 2020.
He is the founder of the organization and controls 90 percent of the voting inventory.
Main merchandise officer John Caine, who joined the corporation in December 2021, gained $2.5 million in inventory awards and slightly much more than $2 million in inventory selections. His base wage will be $525,000.
Main advertising officer Kelly Gillease obtained complete payment of $2.77 million in 2021, which integrated $1.8 million in inventory awards and $448,492 in alternatives. Her base income was $466,250.
In the filing, NerdWallet said it has additional than 100 staffers on its editorial team, which includes previous staffers from Bloomberg News and The Wall Road Journal.
“They manage editorial independence from our small business teams and do not propose merchandise centered on business interactions,” according to the submitting.
The submitting can be observed listed here.