Reservoir Media COO Rell Lafargue's 2023 pay jumps 29% to $1.9M
Reservoir Media reports 2023 executive compensation
By ExecPay News
Published: June 30, 2023
Reservoir Media reported fiscal year 2023 executive compensation information on June 30, 2023.
In 2023, three executives at Reservoir Media received on average a compensation package of $1.3M, a 18% increase compared to previous year.
Rell Lafargue, Chief Operating Officer, received $1.9M in total, which increased by 29% compared to 2022. 50% of Lafargue's compensation, or $944K, was in stock awards. Lafargue also received $538K in non-equity incentive plan, $379K in salary, as well as $11K in other compensation.
Golnar Khosrowshahi, Chief Executive Officer, received a compensation package of $1.5M, which increased by 1% compared to previous year. 60% of the compensation package, or $920K, was in stock awards.
Jim Heindlmeyer, Chief Financial Officer, earned $570K in 2023, a 48% increase compared to previous year.
Reservoir Media's fiscal year ends on March 31.