Starco Brands, Inc.
For the period ended Dec 31, 2024. Filed Apr 18, 2025.
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FY2024 · Filed Apr 18, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 11. Executive Compensation
| Item 11. | Executive Compensation |
|---|
The table below outlines the cash compensation of the Company’s executive officers for the past 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, | 2024 | $120,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $120,000 | ||
| CEO, CFO(2), Director | 2023 | $120,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $120,000 | ||
| Darin Brown, | 2024 | $270,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $270,000 | ||
| VP, Director | 2023 | $102,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $102,000 | ||
| Kevin Zaccardi, | 2024 | $269,641 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $269,641 | ||
| CFO(3) | 2023 | $230,823 | - | - | - | - | - | - | $230,823 | ||||||||
| Demir Vangelov, | 2024 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - |
| Director(4) | 2023 | $119,429 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $119,429 | ||
| David Dreyer, | 2024 | $225,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $225,000 | ||
| VP | 2023 | $300,000 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $300,000 | ||
| Bharat Vasan, | 2024 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - |
| Director | 2023 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - |
| Joe Schimmelpfennig, | 2024 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - |
| Director | 2023 | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - |
| (1) | Prior to October 1, 2023 compensation reported under Salary was payable to the officers under consulting compensation as 1099-NEC wages. |
| (2) | Effective November 8, 2024, Mr. Sklar was appointed as our Interim-Chief Financial Officer. |
| (3) | Effective November 8, 2024, Mr. Zaccardi resigned as our acting Chief Financial Officer. |
| (4) | Mr. Vangelov was removed as a director effective April 18, 2024 and did not serve as an officer of the Company in 2024. |
Employment Agreements
STCB has no formal employment agreements, other than at-will offer letters, in place at this time.
Director Compensation
The Company has no arrangements in place to compensate its directors for services rendered in their capacity as directors, including participation in committees or undertaking special assignments.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.