Derek P. Schmidt
2023
In 2023, Derek P. Schmidt earned a total compensation of $1.4M as Chief Financial Officer and Chief Operating Officer at Flexsteel Industries, a 50% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $337,845 |
|---|---|
| Salary | $446,000 |
| Stock Awards | $585,116 |
| Other | $46,087 |
| Total | $1,415,048 |
Schmidt received $585.1K in stock awards, accounting for 41% of the total pay in 2023.
Schmidt also received $337.8K in non-equity incentive plan, $446K in salary and $46.1K in other compensation.
Rankings
In 2023, Derek P. Schmidt's compensation ranked 665th out of 1,929 executives tracked by ExecPay. In other words, Schmidt earned more than 65.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 665 out of 1,929 | 66th |
Division Manufacturing | 369 out of 1,025 | 64th |
Major group Furniture And Fixtures | 2 out of 3 | 33rd |
Industry group Household Furniture | 2 out of 3 | 33rd |
Source: SEC filing on October 26, 2023.
Schmidt's colleagues
We found two more compensation records of executives who worked with Derek P. Schmidt at Flexsteel Industries in 2023.
News
Flexsteel Industries CEO Jerald Dittmer's 2023 pay jumps 54% to $3.1M
October 26, 2023
Flexsteel Industries CEO Jerald Dittmer's 2022 pay falls 28% to $2M
November 1, 2022
Flexsteel Industries CEO Jerald Dittmer's 2021 pay jumps 74% to $2.8M
October 26, 2021
Flexsteel Industries CEO Jerald Dittmer's 2020 pay falls 29% to $1.6M
October 26, 2020