Liquidity Services CEO William Angrick's 2020 pay rises 9% to $2.5M
Liquidity Services reports 2020 executive compensation
By ExecPay News
Published: January 25, 2021
Liquidity Services reported fiscal year 2020 executive compensation information on January 25, 2021.
In 2020, six executives at Liquidity Services received on average a compensation package of $1.2M, a 7% increase compared to previous year.
Average pay of disclosed executives at Liquidity Services William P. Angrick, III, Chief Executive Officer, received $2.5M in total, which increased by 9% compared to 2019. 30% of Angrick's compensation, or $740K, was in option awards. Angrick also received $708K in non-equity incentive plan, $420K in salary, $615K in stock awards, as well as $10K in other compensation.
For fiscal year 2020, the median employee pay was $92,507 at Liquidity Services. Therefore, the ratio of William P. Angrick, III's pay to the median employee pay was 27 to one.
Jorge A. Celaya, Chief Financial Officer, received a compensation package of $1.3M, which increased by 19% compared to previous year. 30% of the compensation package, or $374K, was in salary. John P. Daunt, Chief Commercial Officer, earned $949K in 2020, a 8% increase compared to previous year. Michael Lutz, Former Vice President, Human Resources, received $880K in 2020, which increases by 28% compared to 2019. Mark A. Shaffer, Chief Legal Officer, received $806K in 2020, which increases by 4% compared to 2019.
Liquidity Services' fiscal year ends on September 30.
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Former Vice President, Human Resources
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