REX American Resources CEO Zafar Rizvi's 2019 pay falls 38% to $548.8K
REX American Resources reports 2019 executive compensation
By ExecPay News
Published: May 11, 2020
REX American Resources reported fiscal year 2019 executive compensation information on May 11, 2020.
In 2019, three executives at REX American Resources received on average a compensation package of $459.4K, a 35% decrease compared to previous year.
Average pay of disclosed executives at REX American Resources
Zafar Rizvi, Chief Executive Officer, received $548.8K in total, which decreased by 38% compared to 2018. 41.00% of Rizvi's compensation, or $225K, was in salary. Rizvi also received $215.7K in non-equity incentive plan, $107.9K in stock awards, as well as $200 in other compensation.
For fiscal year 2019, the median employee pay was $47,155 at REX American Resources. Therefore, the ratio of Zafar Rizvi's pay to the median employee pay was 12 to one.
Douglas L. Bruggeman, Chief Financial Officer, received a compensation package of $437.7K, which decreased by 27% compared to previous year. 62.99% of the compensation package, or $275.7K, was in salary.
Stuart A. Rose, Chairman, earned $391.8K in 2019, a 38% decrease compared to previous year.
REX American Resources' fiscal year ends on January 31.
Related executives
You may also like
Source: SEC filing on May 11, 2020.