National Holdings CEO Michael Mullen's 2019 pay jumps 67% to $2.8M
National Holdings reports 2019 executive compensation
By ExecPay News
Published: March 16, 2020
National Holdings reported fiscal year 2019 executive compensation information on March 16, 2020.
In 2019, three executives at National Holdings received on average a compensation package of $1.8M, a 52% increase compared to previous year.
Average pay of disclosed executives at National Holdings
Michael Mullen, Chief Executive Officer, received $2.8M in total, which increased by 67% compared to 2018. 46% of Mullen's compensation, or $1.3M, was in stock awards. Mullen also received $464K in bonus, $360K in salary, as well as $695K in other compensation.
For fiscal year 2019, the median employee pay was $48,906 at National Holdings. Therefore, the ratio of Michael Mullen's pay to the median employee pay was 57 to one.
Glenn C. Worman, Chief Financial Officer, received a compensation package of $1.5M, which increased by 48% compared to previous year. 58% of the compensation package, or $882K, was in stock awards.
John C. DeSena, Chief Operating Officer, earned $985K in 2019, a 26% increase compared to previous year.
National Holdings' fiscal year ends on September 30.
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Source: SEC filing on March 16, 2020.