Genie Energy CEO Michael Stein's 2020 pay jumps 183% to $2.2M
Genie Energy reports 2020 executive compensation
By ExecPay News
Published: April 5, 2021
Genie Energy reported fiscal year 2020 executive compensation information on April 5, 2021.
In 2020, three executives at Genie Energy received on average a compensation package of $1.2M, a 91% increase compared to previous year.
Michael Stein, Chief Executive Officer, received $2.2M in total, which increased by 183% compared to 2019. 60% of Stein's compensation, or $1.3M, was in stock awards. Stein also received $500K in bonus, $365K in salary, as well as $28K in other compensation.
Avi Goldin, Chief Financial Officer, received a compensation package of $687K, which increased by 12% compared to previous year. 51% of the compensation package, or $350K, was in salary.
Howard S. Jonas, Chairman, earned $574K in 2020, a 38% increase compared to previous year.