VOXX International CEO Patrick Lavelle's 2008 pay jumps 56% to $1.6M
VOXX International reports 2008 executive compensation
By ExecPay News
Published: June 10, 2008
VOXX International reported fiscal year 2008 executive compensation information on June 10, 2008.
In 2008, seven executives at VOXX International received on average a compensation package of $668K, a 37% increase compared to previous year.
Average pay of disclosed executives at VOXX International
Patrick M. Lavelle, Chief Executive Officer, received $1.6M in total, which increased by 56% compared to 2007. 62% of Lavelle's compensation, or $983K, was in salary. Lavelle also received $500K in bonus, $82K in option awards, as well as $24K in other compensation.
John J. Shalam, Chairman, received a compensation package of $938K, which increased by 70% compared to previous year. 47% of the compensation package, or $438K, was in salary.
Charles M. Stoehr, Chief Financial Officer, earned $553K in 2008, a 25% increase compared to previous year.
Thomas Malone, Senior Vice President, received $480K in 2008, which decreases by 22% compared to 2007.
Loriann Shelton, Senior Vice President, earned $422K in 2008, a 22% increase compared to previous year.
James Gordon, Jr, Senior Vice President, received $387K in 2008, which decreases by 5% compared to 2007.
C. David Geise, Senior Vice President, earned $307K in 2008, a 1205% increase compared to previous year.
VOXX International's fiscal year ends on February 29.
Related executives
Patrick Lavelle
VOXX International
Chief Executive Officer
Charles Stoehr
VOXX International
Chief Financial Officer
Thomas Malone
VOXX International
Senior Vice President and President, Voxx Advanced Solutions
James Gordon
VOXX International
Senior Vice President
Loriann Shelton
VOXX International
Chief Operating Officer
C Geise
VOXX International
Senior Vice President
John Shalam
VOXX International
Chairman
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Source: SEC filing on June 10, 2008.