Koss CEO Michael Koss' 2022 pay falls 24% to $417K
Koss reports 2022 executive compensation
By ExecPay News
Published: August 25, 2022
Koss reported fiscal year 2022 executive compensation information on August 25, 2022.
In 2022, three Koss executives received on average a compensation package of $295K, a 26% decrease compared to previous year.
Average pay of disclosed executives at Koss
Michael J. Koss, Chief Executive Officer, received $417K in total, which decreased by 24% compared to 2021. 78% of Koss' compensation, or $325K, was in salary. Koss also received $49K in non-equity incentive plan and $43K in other compensation.
John Koss, Jr, Vice President — Sales, received a compensation package of $282K, which decreased by 26% compared to previous year. 85% of the compensation package, or $241K, was in salary.
Michael J. Koss, Jr, Vice President — Marketing and Product, earned $186K in 2022, a 28% decrease compared to previous year.
Koss' fiscal year ends on June 30.
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Source: SEC filing on August 25, 2022.