Servotronics CEO Kenneth Trbovich's 2020 pay jumps 70% to $1.1M
Servotronics reports 2020 executive compensation
By ExecPay News
Published: April 14, 2021
Servotronics reported fiscal year 2020 executive compensation information on April 14, 2021.
In 2020, three executives at Servotronics received on average a compensation package of $587K, a 51% increase compared to previous year.
Average pay of disclosed executives at Servotronics
Kenneth D. Trbovich, Chief Executive Officer, received $1.1M in total, which increased by 70% compared to 2019. 57% of Trbovich's compensation, or $639K, was in salary. Trbovich also received $100K in bonus and $376K in other compensation.
Lisa F. Bencel, Chief Financial Officer, received a compensation package of $333K, which increased by 20% compared to previous year. 74% of the compensation package, or $246K, was in salary.
James C. Takacs, Chief Operating Officer, earned $311K in 2020, a 32% increase compared to previous year.
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Source: SEC filing on April 14, 2021.