Hurco Companies CEO Michael Doar's 2019 pay rises 3% to $2.7M
Hurco Companies reports 2019 executive compensation
By ExecPay News
Published: January 27, 2020
Hurco Companies reported fiscal year 2019 executive compensation information on January 27, 2020.
In 2019, three executives at Hurco Companies received on average a compensation package of $2M, a 6% increase compared to previous year.
Average pay of disclosed executives at Hurco Companies
Michael Doar, Chief Executive Officer, received $2.7M in total, which increased by 3% compared to 2018. 55% of Doar's compensation, or $1.5M, was in stock awards. Doar also received $615K in non-equity incentive plan, $492K in salary, as well as $97K in other compensation.
Gregory S. Volovic, Chief Operating Officer, received a compensation package of $1.8M, which increased by 2% compared to previous year. 51% of the compensation package, or $900K, was in stock awards.
Sonja K. McClelland, Chief Financial Officer, earned $1.4M in 2019, a 20% increase compared to previous year.
Hurco Companies' fiscal year ends on October 31.
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Source: SEC filing on January 27, 2020.