Lifetime Brands CEO Robert Kay's 2023 pay falls 23% to $2.8M
Lifetime Brands reports 2023 executive compensation
By ExecPay News
Published: April 25, 2024
Lifetime Brands reported fiscal year 2023 executive compensation information on April 25, 2024.
In 2023, four executives at Lifetime Brands received on average a compensation package of $1.7M, a 5% increase compared to previous year.
Robert Kay, Chief Executive Officer, received $2.8M in total, which decreased by 23% compared to 2022. 36% of Kay's compensation, or $983K, was in salary. Kay also received $835K in non-equity incentive plan, $888K in stock awards, as well as $54K in other compensation.
Jeffrey Siegel, Chairman, received a compensation package of $1.8M, which increased by 102% compared to previous year. 98% of the compensation package, or $1.7M, was in other compensation.
Daniel Siegel, President, earned $1.5M in 2023, a 14% increase compared to previous year.
Laurence Winoker, Chief Financial Officer, received $815K in 2023, which increases by 10% compared to 2022.