Big-time compensation

CEOs at seven public companies headquartered in the Capital Region were awarded more than $129 million in compensation in 2021. However, the majority of that was given to just two men: Andy Marsh, CEO of fuel cell maker Plug Power, and Scott Rajeski, CEO of the Latham Group, which makes swimming pools. The majority of the compensation the two received was in either stock options or restricted stock, the value of which could fluctuate dramatically due to market factors and vesting periods. Here’s a look at what each company reported to shareholders and the U.S. Securities and Exchange Commission as their CEO’s total compensation in 2021. Numbers include their base salary.

■ Latham Group (Nasdaq: SWIM): Scott Rajeski 2021 total compensation of $70,479,461 — salary of $400,000

■ Plug Power (Nasdaq: PLUG): Andy Marsh 2021 total compensation: $52,248,305 — salary of $750,000

■ AngioDynamics (Nasdaq: ANGO): James Clemmer 2021 total compensation $4,045,913 — salary of $720,000

■ TrustCo (Nasdaq: TRST): Robert J. McCormick 2021 total compensation: $3,185,330 — salary of $975,000

■ Arrow Financial (Nasdaq: AROW): Thomas Murphy 2021 total compensation $2,146,009 — salary of $600,000

■ Pioneer Bancorp (Nasdaq PBFS): Thomas Amell 2021 total compensation: $715,561 — salary of $671,182

■ Espey (NYSE American: ESP): Patrick Enright 2021 total compensation: $296,877 — salary of $276,322