LiveOne President Dermot McCormack receives $3.4M in 2020
LiveOne reports 2020 executive compensation
By ExecPay News
Published: July 29, 2020
LiveOne reported fiscal year 2020 executive compensation information on July 29, 2020.
In 2020, three LiveOne executives received on average a compensation package of $1.4M, a 29% decrease compared to previous year.
Average pay of disclosed executives at LiveOne
Dermot McCormack, President, received $3.4M in total. 85% of McCormack's compensation, or $2.9M, was in stock awards. McCormack also received $354K in salary and $143K in other compensation.
Robert Ellin, Chief Executive Officer, received a compensation package of $529K, which is about the same as previous year. 95% of the compensation package, or $500K, was in salary.
Michael Zemetra, Chief Financial Officer, earned $291K in 2020, a 82% decrease compared to previous year.
LiveOne's fiscal year ends on March 31.
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Source: SEC filing on July 29, 2020.