Sonic Foundry CEO Michael Norregaard's 2020 pay jumps 47% to $387K
Sonic Foundry reports 2020 executive compensation
By ExecPay News
Published: May 17, 2021
Sonic Foundry reported fiscal year 2020 executive compensation information on May 17, 2021.
In 2020, three executives at Sonic Foundry received on average a compensation package of $279K, a 2% increase compared to previous year.
Average pay of disclosed executives at Sonic Foundry
Michael Norregaard, Chief Executive Officer, received $387K in total, which increased by 47% compared to 2019. 67% of Norregaard's compensation, or $260K, was in salary. Norregaard also received $88K in bonus and $39K in other compensation.
Robert M. Lipps, Executive Vice President - Sales, received a compensation package of $310K, which increased by 8% compared to previous year. 80% of the compensation package, or $249K, was in salary.
Joe Mozden, Jr Kelsy Boyd, Chief Financial Officer, earned $139K in 2020.
Sonic Foundry's fiscal year ends on September 30.
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Source: SEC filing on May 17, 2021.