Koss CEO Michael Koss' 2023 pay jumps 69% to $704K
Koss reports 2023 executive compensation
By ExecPay News
Published: August 24, 2023
Koss reported fiscal year 2023 executive compensation information on August 24, 2023.
In 2023, three Koss executives received on average a compensation package of $422K, a 43% increase compared to previous year.
Average pay of disclosed executives at Koss
Michael J. Koss, Chief Executive Officer, received $704K in total, which increased by 69% compared to 2022. 47% of Koss' compensation, or $334K, was in non-equity incentive plan. Koss also received $325K in salary and $45K in other compensation.
John Koss, Jr, Vice President — Sales, received a compensation package of $285K, which increased by 1% compared to previous year. 84% of the compensation package, or $241K, was in salary.
Michael J. Koss, Jr, Vice President — Marketing and Product, earned $276K in 2023, a 49% increase compared to previous year.
Koss' fiscal year ends on June 30.
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Source: SEC filing on August 24, 2023.