Town Sports International Holdings CEO Patrick Walsh's 2018 pay falls 42% to $2.2M
Town Sports International Holdings reports 2018 executive compensation
By ExecPay News
Published: April 2, 2019
Town Sports International Holdings reported fiscal year 2018 executive compensation information on April 2, 2019.
In 2018, three executives at Town Sports International Holdings received on average a compensation package of $1.1M, a 19% decrease compared to previous year.
Patrick Walsh, Chief Executive Officer, received $2.2M in total, which decreased by 42% compared to 2017. 64% of Walsh's compensation, or $1.4M, was in bonus. Walsh also received $690K in salary, $80K in stock awards, as well as $14K in other compensation.
Carolyn Spatafora, Chief Financial Officer, received a compensation package of $724K, which decreased by 21% compared to previous year. 50% of the compensation package, or $359K, was in bonus.
Stuart Steinberg, General Counsel, earned $560K in 2018, a 14% increase compared to previous year.