Gencor Industries President Principal Executive Officer Marc Elliott's 2022 pay jumps 185% to $1.1M
Gencor Industries reports 2022 executive compensation
By ExecPay News
Published: January 30, 2023
Gencor Industries reported fiscal year 2022 executive compensation information on January 30, 2023.
In 2022, five executives at Gencor Industries received on average a compensation package of $488K, a 17% increase compared to previous year.
Average pay of disclosed executives at Gencor Industries
Marc Elliott, President Principal Executive Officer, received $1.1M in total, which increased by 185% compared to 2021. 76% of Elliott's compensation, or $848K, was in salary. Elliott also received $250K in bonus and $11K in other compensation.
EJ Elliott, Chairman, received a compensation package of $609K, which is about the same as previous year. 99% of the compensation package, or $600K, was in salary.
Dennis Hunt, SVP Sales and Marketing, earned $397K in 2022, a 7% increase compared to previous year.
Eric Mellen, Chief Financial Officer, received $257K in 2022, which is about the same as previous year.
John Elliott, Chief Executive Officer, earned $67K in 2022, a 85% decrease compared to previous year.
Gencor Industries' fiscal year ends on September 30.
Related executives
You may also like
Source: SEC filing on January 30, 2023.