CTI Industries Corporation releases salary data. CEO sees compensation rise 6%

CTI Industries Corporation just filed its annual proxy statement, which details the salary information of its key executives. In 2017, the company's CEO made 260,390.

The table is included below:



















































































































































































































































































































































































Non-Equity










































Option









Incentive Plan









All other

















Name/Title






Year







Salary









Awards









Compensation









compensation









Total























(1)








(2)








(3,4,5)





































Stephen M. Merrick





2017




$

240,968



$

2,090



$

17,332



$

-



$

260,390



Chief Executive Officer

(6)





2016




$

222,200



$

4,336



$

18,768



$

-



$

245,304


























John H. Schwan





2017




$

216,974



$

2,090



$

14,624



$

20,672



$

254,360



Chairman of the Board





2016




$

203,000



$

4,336



$

18,768



$

18,295



$

244,399



(Formerly Chief Executive Officer)

(7)

















































Samuel Komar





2017




$

165,928



$

900



$

12,573



$

4,426



$

183,827



Vice President Sales & Marketing





2016




$

164,616



$

2,782



$

14,688



$

6,445



$

188,531


The above information was disclosed in a filing to the SEC. To see the filing, click here.

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