Forward Industries CEO Terence Wise's 2019 pay stays at $300K
Forward Industries reports 2019 executive compensation
By ExecPay News
Published: December 27, 2019
Forward Industries reported fiscal year 2019 executive compensation information on December 27, 2019.
In 2019, four executives at Forward Industries received on average a compensation package of $273K, a 17% increase compared to previous year.
Average pay of disclosed executives at Forward Industries
Terence Wise, Chief Executive Officer, received $300K in total, which is the same as previous year. 100% of Wise's compensation, or $300K, was in salary.
Mitch Maiman, Executive Officer of IPS, received a compensation package of $274K, which increased by 32% compared to previous year. 93% of the compensation package, or $256K, was in salary.
Paul Severino, Executive Officer of IPS, earned $274K in 2019, a 32% increase compared to previous year.
Michael Matte, Chief Financial Officer, received $243K in 2019, which increases by 12% compared to 2018.
Forward Industries' fiscal year ends on September 30.
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Source: SEC filing on December 27, 2019.