PROCYON CORP reports 2018 executive compensation

CEO Justice W. Anderson receives $230K

PROCYON CORP reported fiscal year 2018 executive compensation information on October 9, 2018.

In 2018, four executives at PROCYON CORP received on average a compensation package of $177,154, a 9% decrease compared to previous year.

Average pay of disclosed executives at PROCYON CORP

Justice W. Anderson, Chief Executive Officer, received $230,024 in total, which decreased by 13% compared to 2017. 93.05% of Anderson's compensation, or $214,043, was in salary. Anderson also received $15,981 in non-equity incentive plan.

George O Borak, Vice Pres. Of Sales AMERX, received a compensation package of $175,847, which decreased by 2% compared to previous year. 92.61% of the compensation package, or $162,849, was in salary.

James B. Anderson, Chief Financial Officer, earned $168,881 in 2018, a 1% increase compared to previous year.

Regina W. Anderson, Chief Executive Officer, received $133,863 in 2018, which decreases by 19% compared to 2017.

PROCYON CORP's fiscal year ends on June 30.