Tecogen CEO Benjamin Locke's 2018 pay jumps 97% to $414K
Tecogen reports 2018 executive compensation
By ExecPay News
Published: April 23, 2019
Tecogen reported fiscal year 2018 executive compensation information on April 23, 2019.
In 2018, five Tecogen executives received on average a compensation package of $209K, a 57% increase compared to previous year.
Average pay of disclosed executives at Tecogen
Benjamin M. Locke, Chief Executive Officer, received $414K in total, which increased by 97% compared to 2017. 51% of Locke's compensation, or $210K, was in salary. Locke also received $204K in option awards.
Bonnie J. Brown, Chief Accounting Officer, received a compensation package of $234K, which increased by 111% compared to previous year. 77% of the compensation package, or $180K, was in salary.
Robert A. Panora, Chief Operating Officer, earned $201K in 2018, a 20% decrease compared to previous year.
John K. Whiting, IV, General Counsel, received $194K in 2018.
John N. Hatsopoulos, Chief Executive Officer, earned $1 in 2018, which is the same as previous year.
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Source: SEC filing on April 23, 2019.