Charles & Colvard CEO Don O'Connell's 2022 pay jumps 166% to $1.2M
Charles & Colvard reports 2022 executive compensation
By ExecPay News
Published: September 30, 2022
Charles & Colvard reported fiscal year 2022 executive compensation information on September 30, 2022.
In 2022, two executives at Charles & Colvard received on average a compensation package of $895K, a 140% increase compared to previous year.
Average pay of disclosed executives at Charles & Colvard
Don O'Connell, Chief Executive Officer, received $1.2M in total, which increased by 166% compared to 2021. 45% of O'Connell's compensation, or $531K, was in stock awards. O'Connell also received $91K in bonus, $176K in non-equity incentive plan, $347K in salary, as well as $36K in other compensation.
Clint J. Pete, Chief Financial Officer, received a compensation package of $609K, which increased by 102% compared to previous year. 43% of the compensation package, or $263K, was in salary.
Charles & Colvard's fiscal year ends on June 30.
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Source: SEC filing on September 30, 2022.