Nicholas Financial CEO Douglas Marohn's 2019 pay jumps 166% to $628K
Nicholas Financial reports 2019 executive compensation
By ExecPay News
Published: July 31, 2019
Nicholas Financial reported fiscal year 2019 executive compensation information on July 31, 2019.
In 2019, two executives at Nicholas Financial received on average a compensation package of $548K, a 132% increase compared to previous year.
Average pay of disclosed executives at Nicholas Financial
Douglas W. Marohn, Chief Executive Officer, received $628K in total, which increased by 166% compared to 2018. 56% of Marohn's compensation, or $350K, was in salary. Marohn also received $110K in bonus, $50K in non-equity incentive plan, $100K in stock awards, as well as $18K in other compensation.
Kelly M. Malson, Chief Financial Officer, received a compensation package of $468K. 42% of the compensation package, or $197K, was in salary.
Nicholas Financial's fiscal year ends on March 31.
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Source: SEC filing on July 31, 2019.