Nicholas Financial CEO Michael Rost receives $283K in 2023
Nicholas Financial reports 2023 executive compensation
By ExecPay News
Published: July 27, 2023
Nicholas Financial reported fiscal year 2023 executive compensation information on July 27, 2023.
In 2023, three executives at Nicholas Financial received on average a compensation package of $257K, a 23% decrease compared to previous year.
Michael Rost, Chief Executive Officer, received $283K in total. 80% of Rost's compensation, or $225K, was in salary. Rost also received $45K in bonus and $13K in other compensation.
Irina Nashtatik, Chief Financial Officer, received a compensation package of $280K, which increased by 46% compared to previous year. 73% of the compensation package, or $204K, was in salary.
Douglas W. Marohn, Chief Executive Officer, earned $208K in 2023, a 56% decrease compared to previous year.
Nicholas Financial's fiscal year ends on March 31.