Total Compensation of FalconStor’s Executives

Only $397,500 for CEO Todd Brooks in FY20, divided approximately by two from FY19, resulting from poor financial results

By Jean Jacques Maleval | December 8, 2021 at 2:03 pm

The following table sets forth salary and total compensation in dollar paid or accrued during the FalconStor Software, Inc.‘s past FY19 and FY20 ending on December 31, as published on a SEC filing (page 16).

Note that for FY20, revenue of the company was only $14.8 million, down yearly 10%, with net loss of $1.8 million, largely explaining the Y/Y decreasing figures below.

Name and position	FY	Salary	Total compensation	Y/Y growth
Todd Brooks, president and CEO	2019	350,000	745,891	NA
	2020	312,500	397,500	-47%
Brad Wolfe, VP, CFO and treasurer	2019	240,000	291,211	NA
	2020	233,750	268,610	-8%