NAPCO SECURITY TECHNOLOGIES reports 2018 executive compensation

CEO Richard L. Soloway receives $1M

NAPCO SECURITY TECHNOLOGIES reported fiscal year 2018 executive compensation information on October 29, 2018.

In 2018, four executives at NAPCO SECURITY TECHNOLOGIES received on average a compensation package of $532,496, a 13% increase compared to previous year.

Average pay of disclosed executives at NAPCO SECURITY TECHNOLOGIES

Richard L. Soloway, Chief Executive Officer, received $1,000,559 in total, which increased by 16% compared to 2017. 74.06% of Soloway's compensation, or $741,042, was in salary. Soloway also received $163,320 in bonus, $17,418 in option awards, as well as $78,778 in other compensation.

Jorge Hevia, Senior Vice President of Corporate Sales and Marketing, received a compensation package of $396,671, which increased by 10% compared to previous year. 83.49% of the compensation package, or $331,175, was in salary.

Kevin S. Buchel, Chief Financial Officer, earned $371,135 in 2018, a 10% increase compared to previous year.

Michael Carrieri, Senior Vice President of Engineering Development, received $361,617 in 2018, which increases by 10% compared to 2017.

NAPCO SECURITY TECHNOLOGIES' fiscal year ends on June 30.