Hurco Companies CEO Michael Doar's 2018 pay jumps 27% to $2.6M

Hurco Companies reports 2018 executive compensation

By ExecPay News

Published: January 28, 2019

Hurco Companies reported fiscal year 2018 executive compensation information on January 28, 2019.
In 2018, three executives at Hurco Companies received on average a compensation package of $1.9M, a 58% increase compared to previous year.
Average pay of disclosed executives at Hurco Companies
Michael Doar, Chief Executive Officer, received $2.6M in total, which increased by 27% compared to 2017. 47.46% of Doar's compensation, or $1.2M, was in stock awards. Doar also received $808.8K in non-equity incentive plan, $477.1K in salary, as well as $97.6K in other compensation.
Gregory S. Volovic, President, received a compensation package of $1.7M, which increased by 26% compared to previous year. 43.35% of the compensation package, or $750K, was in stock awards.
Sonja K. McClelland, Chief Financial Officer, earned $1.2M in 2018, a 36% increase compared to previous year.
Hurco Companies' fiscal year ends on October 31.

Related executives

Michael Doar

Hurco Companies

Chief Executive Officer

Sonja McClelland

Hurco Companies

Chief Financial Officer

Gregory Volovic

Hurco Companies

President

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Source: SEC filing on January 28, 2019.