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.
Average pay of disclosed executives at Nicholas Financial
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.

Related executives

Douglas Marohn

Nicholas Financial

Chief Executive Officer

Irina Nashtatik

Nicholas Financial

Chief Financial Officer

Kelly Malson

Nicholas Financial

Chief Financial Officer

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Source: SEC filing on July 30, 2020.