Nortech Systems CEO Jay Miller's 2022 pay jumps 96% to $1M
Nortech Systems reports 2022 executive compensation
By ExecPay News
Published: April 3, 2023
Nortech Systems reported fiscal year 2022 executive compensation information on April 3, 2023.
In 2022, three executives at Nortech Systems received on average a compensation package of $631K, a 70% increase compared to previous year.
Average pay of disclosed executives at Nortech Systems
Jay D. Miller, Chief Executive Officer, received $1M in total, which increased by 96% compared to 2021. 48% of Miller's compensation, or $498K, was in salary. Miller also received $283K in non-equity incentive plan and $250K in option awards.
Christopher Jones, Chief Financial Officer, received a compensation package of $474K, which increased by 53% compared to previous year. 58% of the compensation package, or $275K, was in salary.
John Lindeen, Sr. VP of Global Operations, earned $389K in 2022, a 39% increase compared to previous year.
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Source: SEC filing on April 3, 2023.