National Holdings reports 2018 executive compensation

CEO Michael Mullen receives $1.7M

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 $1,161,832, a 40% increase compared to previous year.

Average pay of disclosed executives at National Holdings

Michael Mullen, Chief Executive Officer, received $1,668,662 in total, which decreased by 21% compared to 2017. 55.55% of Mullen's compensation, or $926,949, was in stock awards. Mullen also received $360,000 in bonus, $360,000 in salary, as well as $21,713 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 $1,036,800, which increased by 25% compared to previous year. 49.67% of the compensation package, or $514,973, was in stock awards.

John C. DeSena, Chief Operating Officer, earned $780,033 in 2018.

National Holdings' fiscal year ends on September 30.