REX American Resources CEO Zafar Rizvi's 2020 pay falls 35% to $359K
REX American Resources reports 2020 executive compensation
By ExecPay News
Published: May 7, 2021
REX American Resources reported fiscal year 2020 executive compensation information on May 7, 2021.
In 2020, three executives at REX American Resources received on average a compensation package of $318K, a 31% decrease compared to previous year.
Average pay of disclosed executives at REX American Resources
- Salary
- Stock
- Options
- Non-Equity Incentive
- Bonus
- Other
Zafar Rizvi, Chief Executive Officer, received $359K in total, which decreased by 35% compared to 2019. 63% of Rizvi's compensation, or $225K, was in salary. Rizvi also received $89K in non-equity incentive plan, $45K in stock awards, as well as $200 in other compensation.
For fiscal year 2020, the median employee pay was $49,093 at REX American Resources. Therefore, the ratio of Zafar Rizvi's pay to the median employee pay was 7 to one.
Douglas L. Bruggeman, Chief Financial Officer, received a compensation package of $343K, which decreased by 22% compared to previous year. 80% of the compensation package, or $276K, was in salary.
Stuart A. Rose, Chairman, earned $253K in 2020, a 35% 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 7, 2021.