Forward Industries CEO Terrance Wise's 2016 pay jumps 300% to $300K
Forward Industries reports 2016 executive compensation
By ExecPay News
Published: December 14, 2016
Forward Industries reported fiscal year 2016 executive compensation information on December 14, 2016.
In 2016, two executives at Forward Industries received on average a compensation package of $236K, a 145% increase compared to previous year.
Average pay of disclosed executives at Forward Industries
Terrance Wise, Chief Executive Officer, received $300K in total, which increased by 300% compared to 2015. 100% of Wise's compensation, or $300K, was in salary.
Michael Matte, Chief Financial Officer, received a compensation package of $173K, which increased by 47% compared to previous year. 91% of the compensation package, or $156K, was in salary.
Forward Industries' fiscal year ends on September 30.
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Source: SEC filing on December 14, 2016.