IDT CEO Shmuel Jonas' 2020 pay falls 40% to $940K
IDT reports 2020 executive compensation
By ExecPay News
Published: October 30, 2020
IDT reported fiscal year 2020 executive compensation information on October 30, 2020.
In 2020, four IDT executives received on average a compensation package of $679K, a 24% decrease compared to previous year.
Shmuel Jonas, Chief Executive Officer, received $940K in total, which decreased by 40% compared to 2019. 53% of Jonas' compensation, or $495K, was in salary. Jonas also received $445K in bonus.
Bill Pereira, Chief Operating Officer, received a compensation package of $877K, which decreased by 11% compared to previous year. 57% of the compensation package, or $500K, was in salary.
Marcelo Fischer, Chief Financial Officer, earned $647K in 2020, a 14% decrease compared to previous year.
Howard S. Jonas, Chairman, received $252K in 2020, which is the same as previous year.
IDT's fiscal year ends on July 31.