KushCo Holdings reports 2018 executive compensation

COO Jim McCormick receives $2.2M

KushCo Holdings reported fiscal year 2018 executive compensation information on December 28, 2018.

In 2018, three executives at KushCo Holdings received on average a compensation package of $1,086,717, a 58% increase compared to previous year.

Average pay of disclosed executives at KushCo Holdings

Jim McCormick, Chief Operating Officer, received $2,159,557 in total, which increased by 335% compared to 2017. 90.23% of McCormick's compensation, or $1,948,499, was in option awards. McCormick also received $50,000 in bonus and $161,058 in salary.

Ben Wu, Chief Operating Officer, received a compensation package of $839,619, which decreased by 53% compared to previous year. 79.44% of the compensation package, or $667,000, was in other compensation.

Nicholas Kovacevich, Chief Executive Officer, earned $260,976 in 2018, a 200% increase compared to previous year.

KushCo Holdings' fiscal year ends on August 31.