Bassett Furniture CEO Robert Spilman's 2018 pay rises 6% to $1.0M
Bassett Furniture reports 2018 executive compensation
By ExecPay News
Published: February 4, 2019
Bassett Furniture reported fiscal year 2018 executive compensation information on February 4, 2019.
In 2018, six executives at Bassett Furniture received on average a compensation package of $472.5K, a 28% decrease compared to previous year.
Average pay of disclosed executives at Bassett Furniture Robert H. Spilman, Jr, Chief Executive Officer, received $1M in total, which increased by 6% compared to 2017. 41.04% of Spilman's compensation, or $412.5K, was in salary. Spilman also received $372.7K of change in pension value and nonqualified deferred compensation earnings, $214.5K in stock awards, as well as $5.5K in other compensation. Bruce R. Cohenour, Senior Vice President, Sales Merchandising, received a compensation package of $509K, which decreased by 34% compared to previous year. 69.41% of the compensation package, or $353.3K, was in salary. J. Michael Daniel, Chief Financial Officer, earned $339K in 2018, a 38% decrease compared to previous year. John E. Bassett, III, Senior Vice President, Wood, received $334.6K in 2018, which decreases by 49% compared to 2017. Mark S. Jordan, Senior Vice President, Upholstery, earned $331.6K in 2018, a 54% decrease compared to previous year. Jack L. Hawn, Jr, President of Zenith, received $315.6K in 2018, which is about the same as previous year.
Bassett Furniture's fiscal year ends on November 30.
Senior Vice President and Chief Operations Officer
Senior Vice President, Upholstery
Senior Vice President and Chief Financial and Admin. Officer
President of Zenith
Chief Executive Officer
Senior Vice President and Chief Sales Officer
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