Genie Energy CEO Michael Stein's 2018 pay jumps 163% to $1.7M
Genie Energy reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
Genie Energy reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, four executives at Genie Energy received on average a compensation package of $909K, a 62% increase compared to previous year.
Michael Stein, Chief Executive Officer, received $1.7M in total, which increased by 163% compared to 2017. 53% of Stein's compensation, or $900K, was in stock awards. Stein also received $400K in bonus, $350K in salary, as well as $33K in other compensation.
Avi Goldin, Chief Financial Officer, received a compensation package of $877K, which increased by 67% compared to previous year. 40% of the compensation package, or $350K, was in salary.
Geoffrey Rochwarger, Chairman, earned $699K in 2018, a 28% decrease compared to previous year.
Howard S. Jonas, Chairman, received $377K in 2018, which increases by 4% compared to 2017.