Forward Industries Executive Officer of IPS Paul Severino's 2021 pay rises 7% to $301K
Forward Industries reports 2021 executive compensation
By ExecPay News
Published: December 30, 2021
Forward Industries reported fiscal year 2021 executive compensation information on December 30, 2021.
In 2021, four executives at Forward Industries received on average a compensation package of $268K, a 17% decrease compared to previous year.
Average pay of disclosed executives at Forward Industries
Paul Severino, Executive Officer of IPS, received $301K in total, which increased by 7% compared to 2020. 82% of Severino's compensation, or $248K, was in salary. Severino also received $26K in bonus and $27K in other compensation.
Mitch Maiman, Executive Officer of IPS, received a compensation package of $301K, which increased by 7% compared to previous year. 82% of the compensation package, or $248K, was in salary.
Terence Wise, Chief Executive Officer, earned $234K in 2021, a 41% decrease compared to previous year.
Anthony Camarda, Chief Financial Officer, received $233K in 2021.
Forward Industries' fiscal year ends on September 30.
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Source: SEC filing on December 30, 2021.