IEC Electronics CEO Jeffrey Schlarbaum's 2019 pay jumps 52% to $1.2M
IEC Electronics reports 2019 executive compensation
By ExecPay News
Published: January 23, 2020
IEC Electronics reported fiscal year 2019 executive compensation information on January 23, 2020.
In 2019, two executives at IEC Electronics received on average a compensation package of $883K, a 75% increase compared to previous year.
Jeffrey T. Schlarbaum, Chief Executive Officer, received $1.2M in total, which increased by 52% compared to 2018. 40% of Schlarbaum's compensation, or $477K, was in stock awards. Schlarbaum also received $326K in non-equity incentive plan, $395K in salary, as well as $3.9K in other compensation.
Thomas L. Barbato, Chief Financial Officer, received a compensation package of $564K, which increased by 2% compared to previous year. 42% of the compensation package, or $237K, was in salary.
IEC Electronics' fiscal year ends on September 30.