FGI Industries Ltd. CEO David Bruce's 2023 pay falls 23% to $553K
FGI Industries Ltd. reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
FGI Industries Ltd. reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, three executives at FGI Industries Ltd. received on average a compensation package of $414K, a 24% decrease compared to previous year.
Average pay of disclosed executives at FGI Industries Ltd.
David Bruce, Chief Executive Officer, received $553K in total, which decreased by 23% compared to 2022. 54% of Bruce's compensation, or $300K, was in salary. Bruce also received $45K in bonus, $90K in option awards, $90K in stock awards, as well as $28K in other compensation.
John Chen, Chairman, received a compensation package of $350K, which decreased by 30% compared to previous year. 57% of the compensation package, or $200K, was in salary.
Robert Kermelewicz, Executive Vice President, earned $339K in 2023, a 18% decrease compared to previous year.
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Source: SEC filing on April 29, 2024.