Koss CEO Michael Koss' 2014 pay falls 36% to $593K
Koss reports 2014 executive compensation
By ExecPay News
Published: August 28, 2014
Koss reported fiscal year 2014 executive compensation information on August 28, 2014.
In 2014, seven Koss executives received on average a compensation package of $329K, a 28% decrease compared to previous year.
Average pay of disclosed executives at Koss
Michael J. Koss, Chief Executive Officer, received $593K in total, which decreased by 36% compared to 2013. 53% of Koss' compensation, or $315K, was in salary. Koss also received $227K in option awards and $52K in other compensation.
David Smith, Chief Financial Officer, received a compensation package of $431K, which decreased by 1% compared to previous year. 58% of the compensation package, or $249K, was in salary.
John Koss, Jr, Vice President — Sales, earned $417K in 2014, a 12% decrease compared to previous year.
Declan Hanley, Vice President — International Sales, received $318K in 2014, which decreases by 32% compared to 2013.
Lenore Lillie, Vice President — Operations, earned $252K in 2014, a 10% decrease compared to previous year.
John C. Koss, Chairman, received $152K in 2014, which decreases by 61% compared to 2013.
Cheryl Mike, Vice President — Human Resources Customer Service, earned $137K in 2014, a 34% decrease compared to previous year.
Koss' fiscal year ends on June 30.
Related executives
Michael Koss
Koss
Chief Executive Officer
John Koss
Koss
Vice President — Sales
David Smith
Koss
Chief Financial Officer
Declan Hanley
Koss
Vice President — International Sales
Lenore Lillie
Koss
Vice President — Operations
John Koss
Koss
Chairman
Cheryl Mike
Koss
Vice President — Human Resources Customer Service
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Source: SEC filing on August 28, 2014.