IDT CORP reports 2018 executive compensation

President Bill Pereira receives $1.2M

IDT CORP reported fiscal year 2018 executive compensation information on November 16, 2018.

In 2018, six IDT CORP executives received on average a compensation package of $651,484, a 57% decrease compared to previous year.

Bill Pereira, President, received $1,235,207 in total, which increased by 34% compared to 2017. 58.69% of Pereira's compensation, or $725,000, was in bonus. Pereira also received $500,000 in salary and $10,207 in other compensation.

Shmuel Jonas, Chief Executive Officer, received a compensation package of $855,040, which increased by 14% compared to previous year. 57.89% of the compensation package, or $495,000, was in salary.

Menachem Ash, Executive Vice President, earned $647,177 in 2018, a 15% increase compared to previous year.

Marcelo Fischer, Senior Vice President, received $516,200 in 2018, which increases by 1% compared to 2017.

David Wartell, Chief Technology Officer, earned $381,465 in 2018.

Howard S. Jonas, Chairman, received $273,816 in 2018, which decreases by 94% compared to 2017.

IDT CORP's fiscal year ends on July 31.