Forward Industries reports 2018 executive compensation

CEO Terence Wise receives $300K

Forward Industries reported fiscal year 2018 executive compensation information on December 20, 2018.

In 2018, four executives at Forward Industries received on average a compensation package of $232,876, which is about the same as previous year.

Average pay of disclosed executives at Forward Industries

Terence Wise, Chief Executive Officer, received $300,000 in total, which is the same as previous year. 100.00% of Wise's compensation, or $300,000, was in salary.

Michael Matte, Chief Financial Officer, received a compensation package of $216,699, which increased by 30% compared to previous year. 92.29% of the compensation package, or $200,000, was in salary.

Mitch Maiman, Executive Officer of IPS, earned $207,402 in 2018.

Paul Severino, Executive Officer of IPS, received $207,402 in 2018.

Forward Industries' fiscal year ends on September 30.