Charles & Colvard CEO Randall McCullough's 2011 pay jumps 112% to $1.1M
Charles & Colvard reports 2011 executive compensation
By ExecPay News
Published: April 26, 2012
Charles & Colvard reported fiscal year 2011 executive compensation information on April 26, 2012.
In 2011, three executives at Charles & Colvard received on average a compensation package of $618K, a 88% increase compared to previous year.
Average pay of disclosed executives at Charles & Colvard
Randall N. McCullough, Chief Executive Officer, received $1.1M in total, which increased by 112% compared to 2010. 45% of McCullough's compensation, or $491K, was in stock awards. McCullough also received $100 in bonus, $50K in non-equity incentive plan, $214K in option awards, $335K in salary, as well as $7.4K in other compensation.
Thomas G. Pautz, President, Wholesale Division, received a compensation package of $400K, which increased by 77% compared to previous year. 50% of the compensation package, or $200K, was in salary.
Timothy L. Krist, Chief Financial Officer, earned $357K in 2011, a 47% increase compared to previous year.
Charles & Colvard's fiscal year ends on June 30.
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Source: SEC filing on April 26, 2012.