Koss CEO Michael Koss' 2019 pay jumps 26% to $609K
Koss reports 2019 executive compensation
By ExecPay News
Published: August 30, 2019
Koss reported fiscal year 2019 executive compensation information on August 30, 2019.
In 2019, five Koss executives received on average a compensation package of $367K, a 30% increase compared to previous year.
Average pay of disclosed executives at Koss
Michael J. Koss, Chief Executive Officer, received $609K in total, which increased by 26% compared to 2018. 53% of Koss' compensation, or $325K, was in salary. Koss also received $16K in non-equity incentive plan, $241K in option awards, as well as $27K in other compensation.
John Koss, Jr, Vice President — Sales, received a compensation package of $423K, which increased by 2% compared to previous year. 57% of the compensation package, or $241K, was in salary.
David Smith, Chief Financial Officer, earned $298K in 2019, a 92% increase compared to previous year.
Lenore Lillie, Vice President — Operations, received $263K in 2019, which increases by 7% compared to 2018.
Michael J. Koss, Jr, Vice President — Marketing & Product, earned $242K in 2019, a 19% increase compared to previous year.
Koss' fiscal year ends on June 30.
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Source: SEC filing on August 30, 2019.