Motorcar Parts America CEO Selwyn Joffe's 2018 pay rises 10% to $3M
Motorcar Parts America reports 2018 executive compensation
By ExecPay News
Published: July 24, 2020
Motorcar Parts America reported fiscal year 2018 executive compensation information on July 24, 2020.
In 2018, five executives at Motorcar Parts America received on average a compensation package of $1.2M, a 8% decrease compared to previous year.
Selwyn Joffe, Chief Executive Officer, received $3M in total, which increased by 10% compared to 2017. 24% of Joffe's compensation, or $723K, was in salary. Joffe also received $237K in bonus, $476K in non-equity incentive plan, $712K in option awards, $669K in stock awards, as well as $179K in other compensation.
Michael Umansky, General Counsel, received a compensation package of $891K, which decreased by 3% compared to previous year. 57% of the compensation package, or $506K, was in salary.
David Lee, Chief Financial Officer, earned $815K in 2018, a 5% increase compared to previous year.
Doug Schooner, Chief Manufacturing Officer, SVP, Operations Under-the-Car Product Lines, received $696K in 2018, which increases by 2% compared to 2017.
Richard Mochulsky, SVP, Sales and Marketing, earned $498K in 2018.
Motorcar Parts America's fiscal year ends on March 31.