saw his total compensation rise by 73% to $19.2 million for the company’s fiscal year ended in March on a bigger bonus and higher option awards.
The executive earned $11.1 million the year before, according to a proxy statement filed Thursday with the SEC that lists salaries of a company’s top five highest paid execs. His base salary of $1.5 million was unchanged. His bonus was bumped to $10 million from $6.3 million and his option awards to $6.7 million from $1.5 million. Stock awards fell by about half to $700,000.The proxy noted new employment agreements with Feltheimer, Burns and general counse Corri Berg during fiscal 2021.
This would mean more if you included the fact that his money was raised while 15% of staff were laid off 'due to the pandemic'. That 19 million would have been more than enough to give every one of those laid off a more than liveable wage. Without it, it's a nothing story.
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