MarineMax executive pay swells in 2015

In recognition of improved performance and an effort to compete with salaries paid by similar firms, a Clearwater recreational boat dealer increased pay packages for its top executives, jumping between 41 and 59 percent.

William McGill Jr., chairman, president and CEO, was the highest-paid executive in the fiscal year that ended Sept. 30. at MarineMax(NYSE: HZO). He received $2.07 million in total compensation, up 53.4 percent from the previous year.

McGill's salary increased 4.5 percent, to $575,000, and he received nearly $725,000 in cash incentives and $769,000 in stock awards, both tied to performance.

Margie Manning, Tampa Bay Business Journal

Dec 24, 2015, 10:59am EST Updated Dec 24, 2015, 12:42pm EST

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