VOXX International CEO Patrick Lavelle's 2012 pay jumps 88% to $3.3M
VOXX International reports 2012 executive compensation
By ExecPay News
Published: June 8, 2012
VOXX International reported fiscal year 2012 executive compensation information on June 8, 2012.
In 2012, nine executives at VOXX International received on average a compensation package of $1.3M, a 75% increase compared to previous year.
Average pay of disclosed executives at VOXX International
Patrick M. Lavelle, Chief Executive Officer, received $3.3M in total, which increased by 88% compared to 2011. 60% of Lavelle's compensation, or $2M, was in non-equity incentive plan. Lavelle also received $77K in option awards, $1M in salary, $228K in stock awards, as well as $17K in other compensation.
John J. Shalam, Chairman, received a compensation package of $2M, which increased by 118% compared to previous year. 62% of the compensation package, or $1.2M, was in non-equity incentive plan.
Fred S. Klipsch, Chairman, earned $1.3M in 2012.
Thomas Malone, Senior Vice President, received $940K in 2012, which increases by 47% compared to 2011.
Charles M. Stoehr, Chief Financial Officer, earned $913K in 2012, a 72% increase compared to previous year.
Paul Jacobs, Chief Executive Officer, received $902K in 2012.
T. Paul Jacobs, Chief Executive Officer, earned $902K in 2012.
Loriann Shelton, Chief Accounting Officer, received $810K in 2012, which increases by 80% compared to 2011.
David P. Kelley, President of Global Sales, KGI, earned $734K in 2012.
VOXX International's fiscal year ends on February 29.
Related executives
Paul Jacobs
VOXX International
Chief Executive Officer
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
T Jacobs
VOXX International
Chief Executive Officer
Loriann Shelton
VOXX International
Chief Operating Officer
John Shalam
VOXX International
Chairman
David Kelley
VOXX International
President of Global Sales, KGI
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Source: SEC filing on June 8, 2012.