Koss CEO Michael Koss' 2020 pay slips 9% to $553K
Koss reports 2020 executive compensation
By ExecPay News
Published: August 27, 2020
Koss reported fiscal year 2020 executive compensation information on August 27, 2020.
In 2020, three Koss executives received on average a compensation package of $434K, a 18% increase compared to previous year.
Average pay of disclosed executives at Koss
Michael J. Koss, Chief Executive Officer, received $553K in total, which decreased by 9% compared to 2019. 59% of Koss' compensation, or $325K, was in salary. Koss also received $186K in option awards and $42K in other compensation.
John Koss, Jr, Vice President — Sales, received a compensation package of $405K, which decreased by 4% compared to previous year. 59% of the compensation package, or $241K, was in salary.
David Smith, Chief Financial Officer, earned $345K in 2020, a 16% increase compared to previous year.
Koss' fiscal year ends on June 30.
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Source: SEC filing on August 27, 2020.