VOXX International CEO Patrick Lavelle's 2009 pay falls 38% to $986K
VOXX International reports 2009 executive compensation
By ExecPay News
Published: June 12, 2009
VOXX International reported fiscal year 2009 executive compensation information on June 12, 2009.
In 2009, six executives at VOXX International received on average a compensation package of $488K, a 27% decrease compared to previous year.
Patrick M. Lavelle, Chief Executive Officer, received $986K in total, which decreased by 38% compared to 2008. 94% of Lavelle's compensation, or $925K, was in salary. Lavelle also received $36K in option awards and $25K in other compensation.
Thomas Malone, Senior Vice President, received a compensation package of $491K, which increased by 2% compared to previous year. 50% of the compensation package, or $248K, was in non-equity incentive plan.
John J. Shalam, Chairman, earned $443K in 2009, a 53% decrease compared to previous year.
Charles M. Stoehr, Chief Financial Officer, received $404K in 2009, which decreases by 27% compared to 2008.
Loriann Shelton, Senior Vice President, earned $366K in 2009, a 13% decrease compared to previous year.
C. David Geise, Senior Vice President, received $241K in 2009, which decreases by 21% compared to 2008.
VOXX International's fiscal year ends on February 29.
Related executives
Patrick Lavelle
VOXX International
Chief Executive Officer
Charles Stoehr
VOXX International
Chief Financial Officer
Thomas Malone
VOXX International
Senior Vice President and President, Voxx Advanced Solutions
Loriann Shelton
VOXX International
Chief Operating Officer
C Geise
VOXX International
Senior Vice President
John Shalam
VOXX International