Starco Brands Inc
For the period ended Dec 31, 2023. Filed Apr 3, 2024.
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FY2023 · Filed Apr 3, 2024
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Item 11. Executive Compensation
| Item 11. | Executive Compensation. |
|---|
The following table provides information as to cash compensation of all executive officers of the Company, for each of the Company’s last two fiscal years.
SUMMARY COMPENSATION TABLE
| Name and principal position · Year · Salary ($)(1) · Bonus ($) · Stock Awards ($) · Option Awards ($) · Non-Equity Incentive Plan Compensation ($) · Nonqualified Deferred Compensation Earnings ($) · All Other Compensation ($) · Total ($) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ross Sklar, CEO, Director | 2023 | $120,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $120,000 |
| 2022 | $10,000 | $1,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $11,000 | ||
| Darin Brown, VP, Director | 2023 | $102,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $102,000 |
| 2022 | $93,500 | $1,000 | $ | - | $ | - | $491,742 | $ | - | $ | - | $586,242 | |||
| Kevin Zaccardi, CFO | 2023 | $230,823 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $230,823 |
| 2022 · - · - · - · - · - · - · - · - | |||||||||||||||
| Demir Vangelov, Director | 2023 | $119,429 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $119,429 |
| 2022 · - · - · - · - · - · - · - · - | |||||||||||||||
| David Dreyer, VP | 2023 | $300,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $300,000 |
| 2022 | $262,500 | $1,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $263,500 | ||
(1) Prior to October, 1, 2023 compensation reported under Salary was payable to the officers under consulting compensation as 1099-NEC wages.
Employment Agreements
STCB has no formal employment agreements, other than at-will offer letters, in place at this time.
Director Compensation
The Company does not have any arrangement for compensation of our directors for any services provided as director, including services for committee participation or for special assignments.
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