Hurco Companies CEO Gregory Volovic's 2022 pay jumps 27% to $2.1M
Hurco Companies reports 2022 executive compensation
By ExecPay News
Published: January 23, 2023
Hurco Companies reported fiscal year 2022 executive compensation information on January 23, 2023.
In 2022, five executives at Hurco Companies received on average a compensation package of $1.2M, a 12% increase compared to previous year.
Average pay of disclosed executives at Hurco Companies
Gregory S. Volovic, Chief Executive Officer, received $2.1M in total, which increased by 27% compared to 2021. 47% of Volovic's compensation, or $1M, was in stock awards. Volovic also received $509K in non-equity incentive plan, $548K in salary, as well as $83K in other compensation.
For fiscal year 2022, the median employee pay was $42,228 at Hurco Companies. Therefore, the ratio of Gregory S. Volovic's pay to the median employee pay was 51 to one.
Michael Doar, Chairman, received a compensation package of $1.8M, which decreased by 9% compared to previous year. 49% of the compensation package, or $900K, was in stock awards.
Sonja K. McClelland, Chief Financial Officer, earned $1.4M in 2022, a 4% increase compared to previous year.
Jonathon D. Wright, General Counsel, received $431K in 2022, which increases by 79% compared to 2021.
HaiQuynh Jamison, Corporate Controller and Principal Accounting Officer, earned $369K in 2022, a 65% increase compared to previous year.
Hurco Companies' fiscal year ends on October 31.
Related executives
You may also like
Source: SEC filing on January 23, 2023.