pdvWireless Chairman John Pescatore's 2018 pay jumps 205% to $1.9M
pdvWireless reports 2018 executive compensation
By ExecPay News
Published: June 14, 2019
pdvWireless reported fiscal year 2018 executive compensation information on June 14, 2019.
In 2018, four executives at pdvWireless received on average a compensation package of $1.1M, a 98% increase compared to previous year.
John C. Pescatore, Chairman, received $1.9M in total, which increased by 205% compared to 2017. 33% of Pescatore's compensation, or $621K, was in option awards. Pescatore also received $269K in bonus, $400K in salary, $550K in stock awards, as well as $20K in other compensation.
Morgan E. O'Brien, Chief Executive Officer, received a compensation package of $1M, which increased by 127% compared to previous year. 53% of the compensation package, or $554K, was in option awards.
Robert H. Schwartz, Chief Operating Officer, earned $846K in 2018, a 51% increase compared to previous year.
Timothy A. Gray, Chief Financial Officer, received $563K in 2018.
pdvWireless' fiscal year ends on March 31.