HireQuest CEO Richard Hermanns' 2019 pay jumps 116% to $1.1M
HireQuest reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
HireQuest reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, five HireQuest executives received on average a compensation package of $572K, a 33% increase compared to previous year.
Richard F. Hermanns, Chief Executive Officer, received $1.1M in total, which increased by 116% compared to 2018. 42% of Hermanns' compensation, or $459K, was in salary. Hermanns also received $250K in bonus and $380K in stock awards.
Richard K. Coleman, Jr, Chief Executive Officer, received a compensation package of $564K, which decreased by 15% compared to previous year. 35% of the compensation package, or $200K, was in bonus.
Cory Smith, Chief Financial Officer, earned $466K in 2019, a 108% increase compared to previous year.
John McAnnar, General Counsel, received $414K in 2019, which increases by 105% compared to 2018.
Brendan Simaytis, General Counsel, earned $328K in 2019, a 41% increase compared to previous year.