Turning Point Brands CEO Lawrence Wexler's 2020 pay falls 21% to $2.2M
Turning Point Brands reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
Turning Point Brands reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, three executives at Turning Point Brands received on average a compensation package of $1.5M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Turning Point Brands
Lawrence S. Wexler, Chief Executive Officer, received $2.2M in total, which decreased by 21% compared to 2019. 49% of Wexler's compensation, or $1.1M, was in non-equity incentive plan. Wexler also received $88K in option awards, $797K in salary, $215K in stock awards, as well as $25K in other compensation.
Robert M. Lavan, Chief Financial Officer, received a compensation package of $1.2M, which decreased by 5% compared to previous year. 49% of the compensation package, or $580K, was in non-equity incentive plan.
Graham Purdy, Chief Operating Officer, earned $1.1M in 2020.
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Source: SEC filing on March 25, 2021.