WPCS International Chief Business Development Officer David Newman's 2018 pay jumps 247% to $2.4M
WPCS International reports 2018 executive compensation
By ExecPay News
Published: November 6, 2019
WPCS International reported fiscal year 2018 executive compensation information on November 6, 2019.
In 2018, three executives at WPCS International received on average a compensation package of $1.8M, a 289% increase compared to previous year.
Average pay of disclosed executives at WPCS International
David Newman, Chief Business Development Officer, received $2.4M in total, which increased by 247% compared to 2017. 67% of Newman's compensation, or $1.6M, was in stock awards. Newman also received $396K in bonus, $100K in option awards, $273K in salary, as well as $27K in other compensation.
Spencer Richardson, Chief Executive Officer, received a compensation package of $2.4M, which increased by 236% compared to previous year. 67% of the compensation package, or $1.6M, was in stock awards.
Paul Commons, Chief Financial Officer, earned $457K in 2018.
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Source: SEC filing on November 6, 2019.