Hydra Industries Acquisition Chairman A Weil's 2018 pay slips 19% to $4.6M
Hydra Industries Acquisition reports 2018 executive compensation
By ExecPay News
Published: April 17, 2019
Hydra Industries Acquisition reported fiscal year 2018 executive compensation information on April 17, 2019.
In 2018, four executives at Hydra Industries Acquisition received on average a compensation package of $2.2M, a 60% decrease compared to previous year.
A. Lorne Weil, Chairman, received $4.6M in total, which decreased by 19% compared to 2017. 81% of Weil's compensation, or $3.7M, was in stock awards. Weil also received $169K in non-equity incentive plan, $700K in salary, as well as $2.2K in other compensation.
Luke Alvarez, Chief Executive Officer, received a compensation package of $1.6M, which decreased by 82% compared to previous year. 70% of the compensation package, or $1.1M, was in other compensation.
Daniel B. Silvers, Executive VP and Chief Strategy Officer, earned $1.4M in 2018, a 17% decrease compared to previous year.
Stewart F.B. Baker, Chief Financial Officer, received $1.1M in 2018.