Ark Restaurants CEO Michael Weinstein's 2008 pay slips 15% to $966K
Ark Restaurants reports 2008 executive compensation
By ExecPay News
Published: January 28, 2009
Ark Restaurants reported fiscal year 2008 executive compensation information on January 28, 2009.
In 2008, three executives at Ark Restaurants received on average a compensation package of $621K, a 14% decrease compared to previous year.
Average pay of disclosed executives at Ark Restaurants
Michael Weinstein, Chief Executive Officer, received $966K in total, which decreased by 15% compared to 2007. 90% of Weinstein's compensation, or $866K, was in salary. Weinstein also received $100K in bonus.
Robert Towers, Chief Operating Officer, received a compensation package of $486K, which decreased by 12% compared to previous year. 78% of the compensation package, or $381K, was in salary.
Vincent Pascal, Senior Vice President, earned $411K in 2008, a 16% decrease compared to previous year.
Ark Restaurants' fiscal year ends on September 28.
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Source: SEC filing on January 28, 2009.