PetIQ Executive Vice President, Product Division Michael Smith's 2019 pay jumps 365% to $2.4M
PetIQ reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
PetIQ reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, three PetIQ executives received on average a compensation package of $1.8M, a 13% decrease compared to previous year.
Average pay of disclosed executives at PetIQ
Michael Smith, Executive Vice President, Product Division, received $2.4M in total. 42% of Smith's compensation, or $997K, was in option awards. Smith also received $734K in bonus, $216K in salary, $410K in stock awards, as well as $21K in other compensation.
McCord Christensen, Chief Executive Officer, received a compensation package of $1.9M, which decreased by 23% compared to previous year. 39% of the compensation package, or $747K, was in bonus.
John Newland, Chief Financial Officer, earned $1.3M in 2019, a 14% decrease compared to previous year.
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Source: SEC filing on April 29, 2020.