Nova Lifestyle CEO Thanh Lam's 2022 pay rises 10% to $110K

Nova Lifestyle reports 2022 executive compensation

By ExecPay News

Published: July 17, 2023

Nova Lifestyle reported fiscal year 2022 executive compensation information on July 17, 2023.
In 2022, three executives at Nova Lifestyle received on average a compensation package of $89K, a 10% increase compared to previous year.
Average pay of disclosed executives at Nova Lifestyle
Thanh H. Lam, Chief Executive Officer, received $110K in total, which increased by 10% compared to 2021. 100% of Lam's compensation, or $110K, was in salary.
Min Su, Secretary, received a compensation package of $100K, which increased by 8% compared to previous year. 89% of the compensation package, or $89K, was in salary.
Jeffery Chuang, Chief Financial Officer, earned $57K in 2022, a 13% increase compared to previous year.

Related executives

Thanh Lam

Nova Lifestyle

Chief Executive Officer

Jeffery Chuang

Nova Lifestyle

Chief Financial Officer

Min Su

Nova Lifestyle

Secretary

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Source: SEC filing on July 17, 2023.