cbdMD CEO Martin Sumichrast's 2019 pay rises 7% to $504K
cbdMD reports 2019 executive compensation
By ExecPay News
Published: March 11, 2020
cbdMD reported fiscal year 2019 executive compensation information on March 11, 2020.
In 2019, four cbdMD executives received on average a compensation package of $274K, a 56% decrease compared to previous year.
Average pay of disclosed executives at cbdMD
Martin A. Sumichrast, Chief Executive Officer, received $504K in total, which increased by 7% compared to 2018. 55% of Sumichrast's compensation, or $279K, was in salary. Sumichrast also received $225K in bonus.
Mark S. Elliott, Chief Financial Officer, received a compensation package of $320K, which decreased by 59% compared to previous year. 65% of the compensation package, or $207K, was in salary.
Caryn Dunayer, President, earned $141K in 2019.
R. Scott Coffman, Chief Executive Officer, received $132K in 2019.
cbdMD's fiscal year ends on September 30.
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Source: SEC filing on March 11, 2020.