Turning Point Brands CEO Lawrence Wexler's 2019 pay jumps 28% to $2.8M
Turning Point Brands reports 2019 executive compensation
By ExecPay News
Published: March 19, 2020
Turning Point Brands reported fiscal year 2019 executive compensation information on March 19, 2020.
In 2019, three executives at Turning Point Brands received on average a compensation package of $1.7M, a 27% increase compared to previous year.
Average pay of disclosed executives at Turning Point Brands
Lawrence S. Wexler, Chief Executive Officer, received $2.8M in total, which increased by 28% compared to 2018. 43% of Wexler's compensation, or $1.2M, was in stock awards. Wexler also received $266K in non-equity incentive plan, $555K in option awards, $754K in salary, as well as $27K in other compensation.
Robert M. Lavan, Chief Financial Officer, received a compensation package of $1.2M, which increased by 28% compared to previous year. 58% of the compensation package, or $719K, was in option awards.
James W. Dobbins, General Counsel, earned $1.1M in 2019, a 25% increase compared to previous year.
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Source: SEC filing on March 19, 2020.