WPCS International CEO Spencer Richardson's 2019 pay falls 80% to $484K
WPCS International reports 2019 executive compensation
By ExecPay News
Published: November 9, 2020
WPCS International reported fiscal year 2019 executive compensation information on November 9, 2020.
In 2019, three executives at WPCS International received on average a compensation package of $400K, a 77% decrease compared to previous year.
Average pay of disclosed executives at WPCS International
Spencer Richardson, Chief Executive Officer, received $484K in total, which decreased by 80% compared to 2018. 62% of Richardson's compensation, or $299K, was in salary. Richardson also received $75K in bonus, $107K in option awards, as well as $3.6K in other compensation.
David Newman, Former Chief Business Development Officer, received a compensation package of $484K, which decreased by 80% compared to previous year. 62% of the compensation package, or $299K, was in salary.
Paul Commons, Chief Financial Officer, earned $231K in 2019, a 50% decrease compared to previous year.
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Source: SEC filing on November 9, 2020.