Private finance information site NerdWallet, which went public in 2021, paid chief executive officer Tim Chen complete payment of $5.4 million previous yr, according to the company’s to start with proxy assertion submitted with the Securities and Trade Commission.
Chen gained $4.8 million in stock choices and a base wage of $535,261 final yr. His base salary rose 18.9 per cent from $450,000 in 2020.
He is the founder of the business and controls 90 percent of the voting inventory.
Main product or service officer John Caine, who joined the business in December 2021, received $2.5 million in inventory awards and slightly more than $2 million in stock options. His foundation salary will be $525,000.
Main promoting officer Kelly Gillease acquired full compensation of $2.77 million in 2021, which included $1.8 million in stock awards and $448,492 in selections. Her foundation wage was $466,250.
In the filing, NerdWallet reported it has more than 100 staffers on its editorial group, together with previous staffers from Bloomberg Information and The Wall Street Journal.
“They preserve editorial independence from our business teams and do not advise solutions primarily based on organization relationships,” according to the filing.
The filing can be located here.