National Holdings CEO Michael Mullen's 2018 pay falls 21% to $1.7M
National Holdings reports 2018 executive compensation
By ExecPay News
Published: February 25, 2019
National Holdings reported fiscal year 2018 executive compensation information on February 25, 2019.
In 2018, three executives at National Holdings received on average a compensation package of $1.2M, a 40% increase compared to previous year.
Average pay of disclosed executives at National Holdings
Michael Mullen, Chief Executive Officer, received $1.7M in total, which decreased by 21% compared to 2017. 56% of Mullen's compensation, or $927K, was in stock awards. Mullen also received $360K in bonus, $360K in salary, as well as $22K in other compensation.
For fiscal year 2018, the median employee pay was $47,731 at National Holdings. Therefore, the ratio of Michael Mullen's pay to the median employee pay was 35 to one.
Glenn C. Worman, Chief Financial Officer, received a compensation package of $1M, which increased by 25% compared to previous year. 50% of the compensation package, or $515K, was in stock awards.
John C. DeSena, Chief Operating Officer, earned $780K in 2018.
National Holdings' fiscal year ends on September 30.
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Source: SEC filing on February 25, 2019.