Koss CEO Michael Koss' 2018 pay slips 5% to $485K
Koss reports 2018 executive compensation
By ExecPay News
Published: August 23, 2018
Koss reported fiscal year 2018 executive compensation information on August 23, 2018.
In 2018, six Koss executives received on average a compensation package of $282K, a 20% decrease compared to previous year.
Average pay of disclosed executives at Koss
Michael J. Koss, Chief Executive Officer, received $485K in total, which decreased by 5% compared to 2017. 67% of Koss' compensation, or $325K, was in salary. Koss also received $125K in option awards and $34K in other compensation.
John Koss, Jr, Vice President — Sales, received a compensation package of $416K, which decreased by 3% compared to previous year. 58% of the compensation package, or $241K, was in salary.
Lenore Lillie, Vice President — Operations, earned $245K in 2018, a 1% decrease compared to previous year.
Michael J. Koss, Jr, Vice President — Marketing & Product, received $203K in 2018, which increases by 18% compared to 2017.
Elizabeth Uecker, Secretary, earned $185K in 2018.
David Smith, Chief Financial Officer, received $155K in 2018, which decreases by 61% compared to 2017.
Koss' fiscal year ends on June 30.
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Source: SEC filing on August 23, 2018.