1347 Capital CEO Charles Bacon's 2023 pay jumps 33% to $2.6M
1347 Capital reports 2023 executive compensation
By ExecPay News
Published: April 23, 2024
1347 Capital reported fiscal year 2023 executive compensation information on April 23, 2024.
In 2023, four executives at 1347 Capital received on average a compensation package of $1.8M, a 35% increase compared to previous year.
Charles A. Bacon, III, Chief Executive Officer, received $2.6M in total, which increased by 33% compared to 2022. 58% of Bacon's compensation, or $1.5M, was in stock awards. Bacon also received $164K in salary and $949K in other compensation.
Michael M. McCann, Chief Executive Officer, received a compensation package of $2M, which increased by 77% compared to previous year. 40% of the compensation package, or $816K, was in non-equity incentive plan.
Jayme L. Brooks, Chief Financial Officer, earned $1.4M in 2023, a 52% increase compared to previous year.
Jay A. Sharp, President of Limbach, received $1.2M in 2023.