Lantronix CEO Jeffrey Benck's 2018 pay rises 16% to $947K
Lantronix reports 2018 executive compensation
By ExecPay News
Published: October 11, 2018
Lantronix reported fiscal year 2018 executive compensation information on October 11, 2018.
In 2018, three Lantronix executives received on average a compensation package of $653K, a 12% increase compared to previous year.
Average pay of disclosed executives at Lantronix
Jeffrey Benck, Chief Executive Officer, received $947K in total, which increased by 16% compared to 2017. 43% of Benck's compensation, or $406K, was in non-equity incentive plan. Benck also received $140K in option awards and $400K in salary.
Kevin Yoder, Vice President of Worldwide Sales, received a compensation package of $540K. 47% of the compensation package, or $255K, was in salary.
Jeremy R. Whitaker, Chief Financial Officer, earned $473K in 2018, a 5% decrease compared to previous year.
Lantronix's fiscal year ends on June 30.
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Source: SEC filing on October 11, 2018.