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STOCK RIGHTS BOOST LOPKERS’ COMP Featured

Stock appreciation rights gave Pam Lopker, president of QAD, and her husband, the late CEO Karl Lopker, the overwhelming part of their compensation for the year ended January 31. Karl Lopker, who died on August 25, received $3.56 million in compensation for fiscal 2019, an increase of 36 percent from $2.62 million in 2018.

Pam Lopker received $3.85 million last year, a 46.9 percent increase from $2.62 million in fiscal 2018. The Lopkers each received the same amount, $3.23 million in stock appreciation rights for 2019.

Lopker was succeeded a CEO by Anton Chilton, who received $1.51 million, a rise of 23.3 percent from $1.22 million for 2018  when Chilton was chief of global field operations.

CFO Daniel Lender received $2.1 million in 2019, a rise of 24.7 percent from $1.66 million the prior year. Most of his compensation last year was from $1.32 million in stock awards. Kara L. Bellamy, corporate controller and chief accounting officer, had 2019 compensation of $685,350, up 17.8 percent from $581,920.

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