1347 Capital CEO Charles Bacon's 2020 pay jumps 68% to $1.4M
1347 Capital reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
1347 Capital reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, three executives at 1347 Capital received on average a compensation package of $971K, a 107% increase compared to previous year.
Charles A. Bacon, III, Chief Executive Officer, received $1.4M in total, which increased by 68% compared to 2019. 45% of Bacon's compensation, or $618K, was in salary. Bacon also received $600K in bonus and $165K in stock awards.
Michael M. McCann, Chief Operating Officer, received a compensation package of $771K, which increased by 94% compared to previous year. 48% of the compensation package, or $370K, was in salary.
Jayme L. Brooks, Chief Financial Officer, earned $760K in 2020, a 127% increase compared to previous year.