Lifetime Brands CEO Robert Kay's 2022 pay falls 21% to $3.6M
Lifetime Brands reports 2022 executive compensation
By ExecPay News
Published: April 27, 2023
Lifetime Brands reported fiscal year 2022 executive compensation information on April 27, 2023.
In 2022, four executives at Lifetime Brands received on average a compensation package of $1.6M, a 31% decrease compared to previous year.
Robert Kay, Chief Executive Officer, received $3.6M in total, which decreased by 21% compared to 2021. 67% of Kay's compensation, or $2.4M, was in stock awards. Kay also received $225K in non-equity incentive plan, $900K in salary, as well as $55K in other compensation.
Daniel Siegel, President, received a compensation package of $1.3M, which decreased by 36% compared to previous year. 49% of the compensation package, or $650K, was in salary.
Jeffrey Siegel, Chairman, earned $875K in 2022, a 52% decrease compared to previous year.
Laurence Winoker, Chief Financial Officer, received $738K in 2022, which decreases by 29% compared to 2021.