Malibu Boats CEO Jack Springer's 2019 pay jumps 47% to $3M
Malibu Boats reports 2019 executive compensation
By ExecPay News
Published: September 18, 2019
Malibu Boats reported fiscal year 2019 executive compensation information on September 18, 2019.
In 2019, five executives at Malibu Boats received on average a compensation package of $1.3M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Malibu Boats
Jack Springer, Chief Executive Officer, received $3M in total, which increased by 47% compared to 2018. 34% of Springer's compensation, or $1M, was in stock awards. Springer also received $290K in bonus, $671K in non-equity incentive plan, $367K in option awards, $659K in salary, as well as $6.9K in other compensation.
Wayne Wilson, Chief Financial Officer, received a compensation package of $1.4M, which increased by 35% compared to previous year. 35% of the compensation package, or $502K, was in stock awards.
Ritchie Anderson, Chief Operating Officer, earned $1.4M in 2019, a 37% increase compared to previous year.
William Paxson St. Clair, Jr, Former President of Cobalt Boats, LLC, received $562K in 2019.
Deborah S. Kent, Vice President of Human Resources, earned $286K in 2019.
Malibu Boats' fiscal year ends on June 30.
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Source: SEC filing on September 18, 2019.