VOXX International CEO Patrick Lavelle's 2013 pay slips 14% to $2.9M
VOXX International reports 2013 executive compensation
By ExecPay News
Published: June 7, 2013
VOXX International reported fiscal year 2013 executive compensation information on June 7, 2013.
In 2013, eight executives at VOXX International received on average a compensation package of $1.2M, a 8% decrease compared to previous year.
Average pay of disclosed executives at VOXX International
Patrick M. Lavelle, Chief Executive Officer, received $2.9M in total, which decreased by 14% compared to 2012. 63% of Lavelle's compensation, or $1.8M, was in non-equity incentive plan. Lavelle also received $50K in option awards, $1M in salary, as well as $17K in other compensation.
John J. Shalam, Chairman, received a compensation package of $1.7M, which decreased by 15% compared to previous year. 70% of the compensation package, or $1.2M, was in non-equity incentive plan.
Fred S. Klipsch, Chairman, earned $1.2M in 2013, a 6% decrease compared to previous year.
T. Paul Jacobs, Chief Executive Officer, received $970K in 2013, which increases by 8% compared to 2012.
Charles M. Stoehr, Chief Financial Officer, earned $777K in 2013, a 15% decrease compared to previous year.
Thomas Malone, Senior Vice President, received $750K in 2013, which decreases by 20% compared to 2012.
David P. Kelley, President of Global Sales, KGI, earned $747K in 2013, a 2% increase compared to previous year.
Loriann Shelton, Chief Accounting Officer, received $618K in 2013, which decreases by 24% compared to 2012.
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
T Jacobs
VOXX International
Chief Executive Officer
Loriann Shelton
VOXX International
Chief Operating Officer
John Shalam
VOXX International
Chairman
David Kelley
VOXX International
President of Global Sales, KGI
Fred Klipsch
VOXX International
Chairman
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Source: SEC filing on June 7, 2013.