Jessica Alba Net Worth collapses when honest company stock is toppled – The Hollywood Reporter

It’s been a year of ups and downs for The Honest Company, a manufacturer and seller of skin care, baby bath and beauty products, and skin care.

The company went public for the first time last May, but supply chain “challenges” at the end of the year (as noted by the chairman of the board) hampered its plans. company and cause the company’s stock price to fall. However, Honest Company is still able to live up to its vision and in its 2021 mandate filing states that 2022 will be an expansion year, as it pursues new domestic markets and product lines and In the world.

Meanwhile, its top executives are still well compensated, thanks in large part to that IPO a year ago. Among them are Honest Company founder and Creative Director Jessica Alba, also known for her acting roles in films like Great quartet and TV shows like dark Angel.

As authorized by the Honest Company, Alba was paid nearly $8 million in 2021, with most of that in the form of $6 million worth of stock bonuses. Alba also received a salary of $563,077 and received $1.4 million in bonuses.

However, thanks to volatility in the share price of Honest Company (which closed on Thursday at $4.52 per share, down from $23 per share on IPO day), Alba’s stake in The company has dropped in value to just over $27 million, from about $130 million in the IPO.

Honest Company CEO Nikolaos Vlahos is the company’s highest-paid executive, bringing in $13.8 million, including nearly $9 million in stock bonuses.

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