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UNIVERSITY OF VIRGINIA LICENSING & VENTURES GROUP

VA · Education · EIN 541045487

27
Executives Disclosed
$11.4M
Annual Revenue
$19.9M
Total Assets
4:1
Internal Pay Ratio

UNIVERSITY OF VIRGINIA LICENSING & VENTURES GROUP has 27 executives with disclosed compensation. The highest-paid executive, Richard Shannon (DIRECTOR), received peak total compensation of $1,275,811. The sector average for Education executives is $192K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Richard Shannon DIRECTOR $1.3M $1.2M 2016–2020 17x
Melur Ramasubramanian DIRECTOR $1.1M $1.1M 2018–2024 14.4x
Michael Lenox DIRECTOR $738K $738K 2016–2025 9.8x
Jennifer West DIRECTOR $658K $658K 2022–2025 8.8x
Jeffrey Martens DIRECTOR $469K $469K 2024–2025 6.3x
Richard Chylla EXECUTIVE DIRECTOR $467K $467K 2023–2025 6.2x
Michael Straightiff EXECUTIVE DIRECTOR (TO 06/2021) $460K $211K 2016–2022 6.1x
Pamela Norris DIRECTOR $421K $421K 2017–2020 5.6x
Lori McMahon DIRECTOR $413K $413K 2025–2025 5.5x
Fred Epstein DIRECTOR $386K $386K 2024–2024 5.2x
Robert Creeden DIRECTOR OF UVA LVG SEED FUND $302K $302K 2018–2025 4x
John Lazo TREASURER $299K $0 2016–2020 4x
Phil Parrish DIRECTOR $296K $296K 2016–2017 3.9x
Robert Decker BOARD SECRETARY, SENIOR PATENT COUNSEL $291K $283K 2016–2025 3.9x
Weston Fox EXECUTIVE IN RESIDENCE $270K $270K 2020–2021 3.6x
Erik Hewlett CHAIRMAN $259K $259K 2016–2017 3.5x
Patrick Klepcyk DIRECTOR OF LICENSING $230K $230K 2016–2021 3.1x
Rodney Sparks PATENT COUNSEL $227K $227K 2016–2019 3x
Jill Simandl DIRECTOR OF FINANCE AND OPERATIONS $206K $206K 2023–2025 2.8x
Joshua Mauldin DIRECTOR OF LICENSING $203K $203K 2017–2025 2.7x
Claudine Wispelwey DIRECTOR OF OPERATIONS $199K $199K 2018–2021 2.7x
Marc Oettinger LICENSING MANAGER $143K $0 2022–2022 1.9x
Christopher Paschall LICENSING MANAGER $138K $0 2016–2016 1.8x
Jonathan Rudd LICENSING MANAGER $137K $0 2025–2025 1.8x
Cortney Mushill LICENSING MANAGER $134K $0 2025–2025 1.8x
Olivia Benjamin MANAGER OF FINANCIAL OPERATIONS $112K $0 2022–2022 1.5x
Ronald Newbold VICE CHAIR $14K $0 2022–2022 0.2x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 10 $373K $1.2M $3.4M
2017 11 $362K $938K $3.6M
2018 11 $336K $953K $3.7M
2019 11 $401K $1.3M $4.4M
2020 11 $426K $1.2M $4.3M
2021 8 $321K $506K $2.6M
2022 10 $326K $570K $2.3M
2023 8 $403K $604K $2.8M
2024 10 $448K $1.1M $4.5M
2025 11 $416K $738K $3.7M
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