Turning Point Brands CEO Lawrence Wexler's 2018 pay rises 3% to $2.2M
Turning Point Brands reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Turning Point Brands reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, three executives at Turning Point Brands received on average a compensation package of $1.3M, a 12% increase compared to previous year.
Lawrence S. Wexler, Chief Executive Officer, received $2.2M in total, which increased by 3% compared to 2017. 34% of Wexler's compensation, or $750K, was in salary. Wexler also received $618K in non-equity incentive plan, $169K in option awards, $636K in stock awards, as well as $27K in other compensation.
Robert M. Lavan, Chief Financial Officer, received a compensation package of $972K. 28% of the compensation package, or $275K, was in salary.
James W. Dobbins, General Counsel, earned $839K in 2018, a 6% increase compared to previous year.