Michael Zercher
Equibles does not estimate personal net worth.
About Michael Zercher
Earlier roles on record: COO at 22nd Century Group, Inc. (XXII) until September 30, 2022. 22nd Century Group, Inc. reported in an 8-K filed September 7, 2022 that Michael Zercher was terminated as President and Chief Operating Officer, effective September 30, 2022. The proxy statement of 22nd Century Group, Inc. reports total compensation of $1,479,909 for Michael Zercher in fiscal 2022, including a base salary of $291,923. Disclosed compensation is on record for 4 fiscal years. Michael Zercher has spoken on 2 earnings calls across 1 company, most recently for 22nd Century Group, Inc. on November 5, 2020. The companies whose calls Michael Zercher spoke on are classified in the Consumer Defensive sector.
“Michael Zercher, who was previously serving in the role of President and COO, received notice that the position was eliminated and his contract with the Company will terminate on September 30, 2022 as a result.”
Michael Zercher on recent calls
“At the forefront of everyone's mind, including my own, is the status of our MRTP application. We continue to believe that we will see a positive outcome from the FDA, and we believe a decision could come at any time.”
“Before I discuss our results, I’d like to first touch on COVID-19, how we are handling this situation and the impact it has had on our business. Our first priority has been and will remain to ensure the safety and well-being of our employees.”
Affiliation history
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Start not stated–2022-09-30
Company network
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2022 | 22nd Century Group, Inc. (XXII) | Former President and Chief Operating Officer | $291,923 | $1,479,909 |
| 2021 | 22nd Century Group, Inc. (XXII) | Former President and Chief Operating Officer | $368,060 | $2,672,831 |
| 2020 | 22nd Century Group, Inc. (XXII) | Former President and Chief Operating Officer | $366,431 | $1,212,332 |
| 2019 | 22nd Century Group, Inc. (XXII) | President and Chief Operating Officer | $290,569 | $1,007,291 |