Nicholas Financial CEO Douglas Marohn's 2020 pay rises 1% to $636.6K
Nicholas Financial reports 2020 executive compensation
By ExecPay News
Published: July 30, 2020
Nicholas Financial reported fiscal year 2020 executive compensation information on July 30, 2020.
In 2020, three executives at Nicholas Financial received on average a compensation package of $320.2K, a 42% decrease compared to previous year.
Douglas W. Marohn, Chief Executive Officer, received $636.6K in total, which increased by 1% compared to 2019. 54.98% of Marohn's compensation, or $350K, was in salary. Marohn also received $110K in non-equity incentive plan, $160.6K in stock awards, as well as $16K in other compensation.
For fiscal year 2020, the median employee pay was $51,300 at Nicholas Financial. Therefore, the ratio of Douglas W. Marohn's pay to the median employee pay was 12 to one.
Kelly M. Malson, Chief Financial Officer, received a compensation package of $172.7K, which decreased by 63% compared to previous year. 76.84% of the compensation package, or $132.7K, was in salary.
Irina Nashtatik, Chief Financial Officer, earned $151.3K in 2020.
Nicholas Financial's fiscal year ends on March 31.