Singing Machine CFO Lionel Marquis' 2023 pay jumps 191% to $468K
Singing Machine reports 2023 executive compensation
By ExecPay News
Published: November 24, 2023
Singing Machine reported fiscal year 2023 executive compensation information on November 24, 2023.
In 2023, three executives at Singing Machine received on average a compensation package of $379K, a 74% increase compared to previous year.
Average pay of disclosed executives at Singing Machine
Lionel Marquis, Chief Financial Officer, received $468K in total, which increased by 191% compared to 2022. 51% of Marquis' compensation, or $240K, was in bonus. Marquis also received $30K in option awards, $182K in salary, $8.1K in stock awards, as well as $8.1K in other compensation.
Bernardo Melo, Chief Revenue Officer, received a compensation package of $362K, which increased by 9% compared to previous year. 59% of the compensation package, or $213K, was in salary.
Gary Atkinson, Chief Executive Officer, earned $307K in 2023, a 90% increase compared to previous year.
Singing Machine's fiscal year ends on March 31.
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Source: SEC filing on November 24, 2023.