Superior Uniform Group CEO Michael Benstock's 2021 pay slips 8% to $5.9M
Superior Uniform Group reports 2021 executive compensation
By ExecPay News
Published: March 31, 2022
Superior Uniform Group reported fiscal year 2021 executive compensation information on March 31, 2022.
In 2021, five executives at Superior Uniform Group received on average a compensation package of $3.5M, a 13% increase compared to previous year.
Michael Benstock, Chief Executive Officer, received $5.9M in total, which decreased by 8% compared to 2020. 53% of Benstock's compensation, or $3.1M, was of change in pension value and nonqualified deferred compensation earnings. Benstock also received $1.7M in non-equity incentive plan, $569K in salary, $336K in stock awards, as well as $95K in other compensation.
For fiscal year 2021, the median employee pay was $9,391 at Superior Uniform Group. Therefore, the ratio of Michael Benstock's pay to the median employee pay was 626 to one.
Andrew D. Demott, Jr, Chief Financial Officer, received a compensation package of $3.6M, which decreased by 8% compared to previous year. 49% of the compensation package, or $1.8M, was of change in pension value and nonqualified deferred compensation earnings.
Philip Koosed, Chief Strategy Officer, earned $3.6M in 2021, a 181% increase compared to previous year.
Jake Himelstein, President, BAMKO, LLC, received $2.5M in 2021.
Dominic Leide, President, The Office Gurus, earned $1.7M in 2021, a 195% increase compared to previous year.
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