PriceSmart CEO Sherry Bahrambeygui receives $6M in 2019
PriceSmart reports 2019 executive compensation
By ExecPay News
Published: December 20, 2019
PriceSmart reported fiscal year 2019 executive compensation information on December 20, 2019.
In 2019, six PriceSmart executives received on average a compensation package of $1.8M, a 58% increase compared to previous year.
Average pay of disclosed executives at PriceSmart
Sherry Bahrambeygui, Chief Executive Officer, received $6M in total. 74% of Bahrambeygui's compensation, or $4.4M, was in stock awards. Bahrambeygui also received $729K in bonus, $755K in salary, as well as $68K in other compensation.
William J. Naylon, Chief Operating Officer, received a compensation package of $1.2M, which increased by 113% compared to previous year. 50% of the compensation package, or $611K, was in stock awards.
Maarten O. Jager, Chief Financial Officer, earned $1.2M in 2019, a 58% decrease compared to previous year.
Jose Luis Laparte, Chief Executive Officer, received $903K in 2019, which increases by 3% compared to 2018.
Francisco Velasco, General Counsel, earned $668K in 2019, a 23% decrease compared to previous year.
John D. Hildebrandt, Executive Vice President, received $586K in 2019, which increases by 33% compared to 2018.
PriceSmart's fiscal year ends on August 31.
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Source: SEC filing on December 20, 2019.