Workhorse Group CEO Stephen Burns' 2018 pay falls 85% to $350K
Workhorse Group reports 2018 executive compensation
By ExecPay News
Published: October 25, 2019
Workhorse Group reported fiscal year 2018 executive compensation information on October 25, 2019.
In 2018, three executives at Workhorse Group received on average a compensation package of $275K, a 79% decrease compared to previous year.
Stephen S. Burns, Chief Executive Officer, received $350K in total, which decreased by 85% compared to 2017. 100% of Burns' compensation, or $350K, was in salary.
Duane Hughes, Chief Executive Officer, received a compensation package of $275K, which decreased by 74% compared to previous year. 100% of the compensation package, or $275K, was in salary.
Paul Gaitan, Chief Financial Officer, earned $200K in 2018, a 62% decrease compared to previous year.