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.
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.