VOXX International CEO Patrick Lavelle's 2021 pay rises 13% to $2.2M
VOXX International reports 2021 executive compensation
By ExecPay News
Published: June 17, 2021
VOXX International reported fiscal year 2021 executive compensation information on June 17, 2021.
In 2021, six executives at VOXX International received on average a compensation package of $1.2M, a 49% increase compared to previous year.
Patrick M. Lavelle, Chief Executive Officer, received $2.2M in total, which increased by 13% compared to 2020. 45% of Lavelle's compensation, or $1M, was in salary. Lavelle also received $839K in non-equity incentive plan, $356K in stock awards, as well as $29K in other compensation.
John J. Shalam, Chairman, received a compensation package of $1.5M, which increased by 200% compared to previous year. 66% of the compensation package, or $1M, was in non-equity incentive plan.
T. Paul Jacobs, Chief Executive Officer, earned $1.3M in 2021, a 31% increase compared to previous year.
Loriann Shelton, Chief Operating Officer, received $964K in 2021, which increases by 76% compared to 2020.
Charles M. Stoehr, Chief Financial Officer, earned $774K in 2021, a 63% increase compared to previous year.
Oscar Bernardo, Chief Operating Officer, received $631K in 2021, which increases by 32% compared to 2020.
VOXX International's fiscal year ends on February 29.
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