Eagle Bulk Shipping CEO Gary Vogel's 2018 pay slips 2% to $3.5M
Eagle Bulk Shipping reports 2018 executive compensation
By ExecPay News
Published: April 25, 2019
Eagle Bulk Shipping reported fiscal year 2018 executive compensation information on April 25, 2019.
In 2018, two executives at Eagle Bulk Shipping received on average a compensation package of $2.4M, a 8% increase compared to previous year.
Gary Vogel, Chief Executive Officer, received $3.5M in total, which decreased by 2% compared to 2017. 54% of Vogel's compensation, or $1.9M, was in stock awards. Vogel also received $907K in bonus, $675K in salary, as well as $25K in other compensation.
Frank De Costanzo, Chief Financial Officer, received a compensation package of $1.2M, which increased by 55% compared to previous year. 38% of the compensation package, or $447K, was in stock awards.