KushCo Holdings COO Jim McCormick's 2018 pay jumps 335% to $2.2M
KushCo Holdings reports 2018 executive compensation
By ExecPay News
Published: December 28, 2018
KushCo Holdings reported fiscal year 2018 executive compensation information on December 28, 2018.
In 2018, three executives at KushCo Holdings received on average a compensation package of $1.1M, a 58% increase compared to previous year.
Average pay of disclosed executives at KushCo Holdings
Jim McCormick, Chief Operating Officer, received $2.2M in total, which increased by 335% compared to 2017. 90% of McCormick's compensation, or $1.9M, was in option awards. McCormick also received $50K in bonus and $161K in salary.
Ben Wu, Chief Operating Officer, received a compensation package of $840K, which decreased by 53% compared to previous year. 79% of the compensation package, or $667K, was in other compensation.
Nicholas Kovacevich, Chief Executive Officer, earned $261K in 2018, a 200% increase compared to previous year.
KushCo Holdings' fiscal year ends on August 31.
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Source: SEC filing on December 28, 2018.