Koss CEO Michael Koss' 2013 pay rises 15% to $922K
Koss reports 2013 executive compensation
By ExecPay News
Published: September 5, 2013
Koss reported fiscal year 2013 executive compensation information on September 5, 2013.
In 2013, seven Koss executives received on average a compensation package of $454K, a 5% increase compared to previous year.
Average pay of disclosed executives at Koss
Michael J. Koss, Chief Executive Officer, received $922K in total, which increased by 15% compared to 2012. 33% of Koss' compensation, or $304K, was in salary. Koss also received $301K in non-equity incentive plan, $261K in option awards, as well as $56K in other compensation.
John Koss, Jr, Vice President — Sales, received a compensation package of $472K, which decreased by 4% compared to previous year. 49% of the compensation package, or $233K, was in salary.
Declan Hanley, Vice President — International Sales, earned $468K in 2013, a 12% decrease compared to previous year.
David Smith, Chief Financial Officer, received $437K in 2013, which decreases by 2% compared to 2012.
John C. Koss, Chairman, earned $394K in 2013, a 34% increase compared to previous year.
Lenore Lillie, Vice President — Operations, received $281K in 2013, which increases by 4% compared to 2012.
Cheryl Mike, Vice President — Human Resources Customer Service, earned $207K in 2013, a 2% increase compared to previous year.
Koss' fiscal year ends on June 30.
Related executives
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Michael Koss
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Chief Executive Officer
John Koss
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David Smith
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Vice President — International Sales
Lenore Lillie
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Source: SEC filing on September 5, 2013.