Malibu Boats CEO Jack Springer's 2022 pay rises 8% to $4.8M
Malibu Boats reports 2022 executive compensation
By ExecPay News
Published: September 20, 2022
Malibu Boats reported fiscal year 2022 executive compensation information on September 20, 2022.
In 2022, three executives at Malibu Boats received on average a compensation package of $2.7M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Malibu Boats
Jack Springer, Chief Executive Officer, received $4.8M in total, which increased by 8% compared to 2021. 63% of Springer's compensation, or $3.1M, was in stock awards. Springer also received $937K in non-equity incentive plan, $829K in salary, as well as $9.2K in other compensation.
For fiscal year 2022, the median employee pay was $44,867 at Malibu Boats. Therefore, the ratio of Jack Springer's pay to the median employee pay was 108 to one.
Ritchie Anderson, Chief Operating Officer, received a compensation package of $1.7M, which decreased by 13% compared to previous year. 53% of the compensation package, or $891K, was in stock awards.
Wayne Wilson, Chief Financial Officer, earned $1.7M in 2022, a 13% decrease compared to previous year.
Malibu Boats' fiscal year ends on June 30.
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Source: SEC filing on September 20, 2022.