Derek P. Schmidt

2023

In 2023, Derek P. Schmidt earned a total compensation of $1.4M as Chief Financial Officer and Chief Operating Officer at Flexsteel Industries, a 50% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$337,845
Salary$446,000
Stock Awards$585,116
Other$46,087
Total$1,415,048

Schmidt received $585.1K in stock awards, accounting for 41% of the total pay in 2023.

Schmidt also received $337.8K in non-equity incentive plan, $446K in salary and $46.1K in other compensation.

Rankings

In 2023, Derek P. Schmidt's compensation ranked 837th out of 2,983 executives tracked by ExecPay. In other words, Schmidt earned more than 71.9% of executives.

ClassificationRankingPercentile
All
837
out of 2,983
72nd
Division
Manufacturing
487
out of 1,637
70th
Major group
Furniture And Fixtures
2
out of 3
33rd
Industry group
Household Furniture
2
out of 3
33rd
Source: SEC filing on October 25, 2024.

Schmidt's colleagues

We found two more compensation records of executives who worked with Derek P. Schmidt at Flexsteel Industries in 2023.

2023

Jerald Dittmer

Flexsteel Industries

Chief Executive Officer

2023

Timothy Newlin

Flexsteel Industries

Vice President of Strategic Business Development

News

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