Nathan's Famous Chairman Howard Lorber's 2023 pay jumps 333% to $4.4M
Nathan's Famous reports 2023 executive compensation
By ExecPay News
Published: July 21, 2023
Nathan's Famous reported fiscal year 2023 executive compensation information on July 21, 2023.
In 2023, three executives at Nathan's Famous received on average a compensation package of $2.2M, a 135% increase compared to previous year.
Average pay of disclosed executives at Nathan's Famous
Howard M. Lorber, Chairman, received $4.4M in total, which increased by 333% compared to 2022. 77% of Lorber's compensation, or $3.4M, was in stock awards. Lorber also received $1M in salary and $16K in other compensation.
Eric Gatoff, Chief Executive Officer, received a compensation package of $1.8M, which increased by 25% compared to previous year. 65% of the compensation package, or $1.2M, was in non-equity incentive plan.
Robert Steinberg, Chief Financial Officer, earned $403K in 2023, a 21% increase compared to previous year.
Nathan's Famous' fiscal year ends on March 26.
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Source: SEC filing on July 21, 2023.