Nicholas Financial CEO Douglas Marohn's 2020 pay rises 1% to $637K
Nicholas Financial reports 2020 executive compensation
By ExecPay News
Published: July 30, 2020
Nicholas Financial reported fiscal year 2020 executive compensation information on July 30, 2020.
In 2020, three executives at Nicholas Financial received on average a compensation package of $320K, a 42% decrease compared to previous year.
Average pay of disclosed executives at Nicholas Financial
Douglas W. Marohn, Chief Executive Officer, received $637K in total, which increased by 1% compared to 2019. 55% of Marohn's compensation, or $350K, was in salary. Marohn also received $110K in non-equity incentive plan, $161K in stock awards, as well as $16K in other compensation.
For fiscal year 2020, the median employee pay was $51,300 at Nicholas Financial. Therefore, the ratio of Douglas W. Marohn's pay to the median employee pay was 12 to one.
Kelly M. Malson, Chief Financial Officer, received a compensation package of $173K, which decreased by 63% compared to previous year. 77% of the compensation package, or $133K, was in salary.
Irina Nashtatik, Chief Financial Officer, earned $151K in 2020.
Nicholas Financial's fiscal year ends on March 31.
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Source: SEC filing on July 30, 2020.