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REPAY SALARIES UP IN 2021 Featured

Repay gave four of its named executives double-digit increases in compensation for the year ended December. That included a 22.8-percent increase for John Morris, CEO of the payments software company.

According to a proxy filed with the SEC, Morris received pay of $5.4 million last year, up 22.8 percent from $4.4 million  in 2020. CFO Shaker Alias had 2021 compensation of $1.5 million, an increase of 20.6 million from the prior year. CFO Tim Murphy was given $2.3 million, which was 30.9 million above $1.7 million in 2021. Last year’s compensation for general counsel Tyler Dempsey rose 12.8 percent to $1.5 million from $1.3 million. Increases in stock awards were the largest part of the increases for Morris, Alias and Murphy. Morris’s stock awards totaled $4.7 million in 2021, an increase of 22 percent from $3.9 million in 2020. Morris was also given $310,614 in non-equity incentive compensation, more than double the $144,219 in 2020.  Jake Moore, EVP corporate development and strategy, received $1.5 million last year. He was not a named executive in 2020.

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