Spar Group CEO Christiaan Olivier's 2018 pay jumps 305% to $381K
Spar Group reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
Spar Group reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, seven Spar Group executives received on average a compensation package of $223K, a 15% increase compared to previous year.
Average pay of disclosed executives at Spar Group
Christiaan M. Olivier, Chief Executive Officer, received $381K in total, which increased by 305% compared to 2017. 79% of Olivier's compensation, or $300K, was in salary. Olivier also received $64K in option awards, $12K in stock awards, as well as $4.8K in other compensation.
Kori G. Belzer, Chief Operating Officer, received a compensation package of $258K, which increased by 4% compared to previous year. 83% of the compensation package, or $215K, was in salary.
James R. Segreto, Chief Financial Officer, earned $235K in 2018, a 3% decrease compared to previous year.
Gerard Marrone, Chief Revenue Officer, received $214K in 2018, which increases by 27% compared to 2017.
Steven J. Adolph, President International, earned $205K in 2018, a 8% decrease compared to previous year.
William H. Bartels, Chairman, received $155K in 2018, which decreases by 7% compared to 2017.
Robert G. Brown, Chairman, earned $114K in 2018, a 31% decrease compared to previous year.
Related executives
Christiaan Olivier
Spar Group
Chief Executive Officer
Robert Brown
Spar Group
Chairman
William Bartels
Spar Group
Chairman
James Segreto
Spar Group
Chief Financial Officer
Kori Belzer
Spar Group
Chief Operating Officer
Steven Adolph
Spar Group
President International
Gerard Marrone
Spar Group
Chief Revenue Officer
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Source: SEC filing on April 29, 2019.