Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-04-02

VOXX International (VOXX)

CEO Patrick Lavelle was paid $1,291,672 in fiscal year 2024, ↑ up 25.7% from fiscal year 2023 (SEC filing 0000950170-24-071098 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,291,672 ↑
Patrick Lavelle total, FY2024
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
99.4%
Say-on-pay support, latest vote

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Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Patrick Lavelle (Chief Executive Officer), FY2024 total compensation $1,291,672 (base salary $1,000,000) [exec_comp, SEC accession 0000950170-24-071098, filed 2024-06-10]

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01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Patrick Lavelle$1,000,000$0$250,000$0$0$0$41,672$1,291,672
Chief Executive Officer
T. Paul Jacobs500,000046,5620101,099023,118670,779
President and Chief Executive Officer, Premium Audio Company, LLC
Loriann Shelton450,0000130,3620058,43628,529667,327
Senior Vice President and Chief Operating Officer
Charles Stoehr400,000025,51600032,854458,370
Senior Vice President and Chief Financial Officer
Ian Geise337,000027,04900017,602381,651
President, VOXX Accessories Corp.
John Shalam0026,56500012,61139,176
Chair of the Board

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Patrick Lavelle$1,291,672$1,027,332$1,726,147↑ +264,340
T. Paul Jacobs670,779565,4821,136,246↑ +105,297
Loriann Shelton667,327533,326935,088↑ +134,001
Charles Stoehr458,370485,964797,332↓ −27,594
Ian Geise381,651362,140449,035↑ +19,511
John Shalam39,176546,3801,332,184↓ −507,204

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against VOXX
2 companies name VOXX as a compensation peer

Each company listed discloses VOXX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named VOXX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2024 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Steven R. DowningDirector2024-08-23A3,152,500$5$15,762,500Common, indirectForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-01-10A1,991714,733CommonForm 4 ↗
Patrick LavelleDirector2025-01-10A5,672741,973CommonForm 4 ↗
Dividend-equivalent accruals2025-03-24—3,000——2 insiders, 2 accrual rows
John ShalamDirector2025-03-24A3,00000Derivative, Class A CommonForm 4 ↗
Patrick LavelleDirector2025-03-24A6,66700Derivative, Class A CommonForm 4 ↗
T. Paul JacobsPresident & CEO, Klipsch Group2025-03-24A6,00300Derivative, Class A CommonForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-03-24A3,66700Derivative, Class A CommonForm 4 ↗
Denise W. GibsonDirector2025-04-01D32,1008240,750CommonForm 4 ↗
John Adamovich JrDirector2025-04-01D10,000——Derivative, Class A CommonForm 4 ↗
John Adamovich JrDirector2025-04-01D13,000897,500CommonForm 4 ↗
John ShalamDirector2025-04-01D165,132——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D1,915,373814,365,298CommonForm 4 ↗
Charles StoehrSr. Vice President & Treasurer2025-04-01D93,654——Derivative, Class A CommonForm 4 ↗
Beat KahliDirector2025-04-01D20,0008150,000CommonForm 4 ↗
T. Paul JacobsPresident & CEO, Klipsch Group2025-04-01D134,557——Derivative, Class A CommonForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-04-01D106,348——Derivative, Class A CommonForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-04-01D26,9488202,110CommonForm 4 ↗
Patrick LavelleDirector2025-04-01D220,854——Derivative, Class A CommonForm 4 ↗
Edward David MasPresident VOXX Automotive Corp2025-04-01D36,027——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D38,9348292,005Derivative, Class A CommonForm 4 ↗
Denise W. GibsonDirector2025-04-01D10,000——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D10,000——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D19,0578142,928CommonForm 4 ↗
John ShalamDirector2025-04-01D1,915,373814,365,298CommonForm 4 ↗
Steven R. DowningDirector2025-04-01D6,463,80800Common, indirectForm 4 ↗
John ShalamDirector2025-04-01D2,144,152816,081,140Derivative, Class A CommonForm 4 ↗
Charles StoehrSr. Vice President & Treasurer2025-04-01D13,6738102,548CommonForm 4 ↗
John ShalamDirector2025-04-01D2,144,152816,081,140Derivative, Class A CommonForm 4 ↗
Patrick LavelleDirector2025-04-01D609,74484,573,080CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 31 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Steven R. DowningDirector2024-08-23A3,152,500$5$15,762,500Common, indirectForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-01-10A1,991714,733CommonForm 4 ↗
Patrick LavelleDirector2025-01-10A5,672741,973CommonForm 4 ↗
Charles StoehrSr. Vice President & Treasurer2025-03-24A1,16700Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-03-24A3,00000Derivative, Class A CommonForm 4 ↗
Patrick LavelleDirector2025-03-24A6,66700Derivative, Class A CommonForm 4 ↗
Edward David MasPresident VOXX Automotive Corp2025-03-24A1,83300Derivative, Class A CommonForm 4 ↗
T. Paul JacobsPresident & CEO, Klipsch Group2025-03-24A6,00300Derivative, Class A CommonForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-03-24A3,66700Derivative, Class A CommonForm 4 ↗
Denise W. GibsonDirector2025-04-01D32,1008240,750CommonForm 4 ↗
John Adamovich JrDirector2025-04-01D10,000——Derivative, Class A CommonForm 4 ↗
John Adamovich JrDirector2025-04-01D13,000897,500CommonForm 4 ↗
John ShalamDirector2025-04-01D165,132——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D1,915,373814,365,298CommonForm 4 ↗
Charles StoehrSr. Vice President & Treasurer2025-04-01D93,654——Derivative, Class A CommonForm 4 ↗
Beat KahliDirector2025-04-01D20,0008150,000CommonForm 4 ↗
T. Paul JacobsPresident & CEO, Klipsch Group2025-04-01D134,557——Derivative, Class A CommonForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-04-01D106,348——Derivative, Class A CommonForm 4 ↗
Loriann SheltonSr. Vice President, CFO, COO2025-04-01D26,9488202,110CommonForm 4 ↗
Patrick LavelleDirector2025-04-01D220,854——Derivative, Class A CommonForm 4 ↗
Edward David MasPresident VOXX Automotive Corp2025-04-01D36,027——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D38,9348292,005Derivative, Class A CommonForm 4 ↗
Denise W. GibsonDirector2025-04-01D10,000——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D10,000——Derivative, Class A CommonForm 4 ↗
John ShalamDirector2025-04-01D19,0578142,928CommonForm 4 ↗
John ShalamDirector2025-04-01D1,915,373814,365,298CommonForm 4 ↗
Steven R. DowningDirector2025-04-01D6,463,80800Common, indirectForm 4 ↗
John ShalamDirector2025-04-01D2,144,152816,081,140Derivative, Class A CommonForm 4 ↗
Charles StoehrSr. Vice President & Treasurer2025-04-01D13,6738102,548CommonForm 4 ↗
John ShalamDirector2025-04-01D2,144,152816,081,140Derivative, Class A CommonForm 4 ↗
Patrick LavelleDirector2025-04-01D609,74484,573,080CommonForm 4 ↗
04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
T. Paul JacobsPSU19,045—$194,534
Loriann SheltonPSU19,973—217,283
Ian GeisePSU55,600—383,531
John ShalamPSU30,301—341,065
Charles StoehrPSU17,572—191,494
05

Incentive-plan design — the Compensation Discussion & Analysis

The Committee has designed the Company's compensation program to promote individual performance and to be competitive with market practices in order to attract, retain, and motivate talented individuals in the Company's industries, taking into account relative size, performance, and geographic location, as well as individual responsibilities and performance.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-07-2030,712,741186,05764,50599.4%Passed
20202020-08-1732,114,5976,592,94524,55482.91%Passed
20172017-07-2029,735,1627,992,89551,88278.81%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20232023-07-2099.4%a
20202020-08-1782.91%b
20172017-07-2078.81%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions will be counted toward the tabulation of votes cast on the proposal and will have the same effect as "Against" votes.”.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer—
Per board meeting fee$5,000
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 10,000
Stock ownership guideline—
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1VOXX International2024Patrick Lavelle$1,000,000$250,000$0$0$1,291,672

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at VOXX International in fiscal 2024?
As disclosed, Patrick Lavelle (Chief Executive Officer) was the highest-paid executive at VOXX International in fiscal 2024, with total compensation of $1,291,672.
How did shareholders vote on VOXX International's executive compensation?
As disclosed, 99.4% of shareholders supported VOXX International's executive compensation in the latest say-on-pay vote.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Patrick LavelleDEF 14A2024-06-100000950170-24-071098Section “Fiscal 2024 Summary Compensation Table”. As printed: 1,291,672. Filing ↗machine: span 520327–520336
2Section 01, T. Paul JacobsDEF 14A2024-06-100000950170-24-071098Section “Fiscal 2024 Summary Compensation Table”. As printed: 670,779. Filing ↗machine: span 602851–602858
3Section 01, Loriann SheltonDEF 14A2024-06-100000950170-24-071098Section “Fiscal 2024 Summary Compensation Table”. As printed: 667,327. Filing ↗machine: span 561580–561587
4Section 01, Charles StoehrDEF 14A2024-06-100000950170-24-071098Section “Fiscal 2024 Summary Compensation Table”. As printed: 458,370. Filing ↗machine: span 540929–540936
5Section 01, Ian GeiseDEF 14A2024-06-100000950170-24-071098Section “Fiscal 2024 Summary Compensation Table”. As printed: 381,651. Filing ↗machine: span 582239–582246
6Section 01, John ShalamDEF 14A2024-06-100000950170-24-071098Section “Fiscal 2024 Summary Compensation Table”. As printed: 39,176. Filing ↗machine: span 623486–623492
7Section 02, Steven R. Downing 2024-08-23Form 42025-04-020001104659-25-031152Insider equity transaction reported since the proxy statement. Filing ↗
8Section 02, Loriann Shelton 2025-01-10Form 42025-01-130000950170-25-004947Insider equity transaction reported since the proxy statement. Filing ↗
9Section 02, Patrick Lavelle 2025-01-10Form 42025-01-130000950170-25-004951Insider equity transaction reported since the proxy statement. Filing ↗
10Section 02, Charles Stoehr 2025-03-24Form 42025-04-020001104659-25-031176Insider equity transaction reported since the proxy statement. Filing ↗
11Section 02, John Shalam 2025-03-24Form 42025-04-020001104659-25-031184Insider equity transaction reported since the proxy statement. Filing ↗
12Section 02, Patrick Lavelle 2025-03-24Form 42025-04-020001104659-25-031189Insider equity transaction reported since the proxy statement. Filing ↗
13Section 02, Edward David Mas 2025-03-24Form 42025-04-020001104659-25-031195Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, T. Paul Jacobs 2025-03-24Form 42025-04-020001104659-25-031181Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Loriann Shelton 2025-03-24Form 42025-04-020001104659-25-031186Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Denise W. Gibson 2025-04-01Form 42025-04-020001104659-25-031160Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, John Adamovich Jr 2025-04-01Form 42025-04-020001104659-25-031166Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, John Adamovich Jr 2025-04-01Form 42025-04-020001104659-25-031166Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031184Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031173Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Charles Stoehr 2025-04-01Form 42025-04-020001104659-25-031176Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Beat Kahli 2025-04-01Form 42025-04-020001104659-25-031179Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, T. Paul Jacobs 2025-04-01Form 42025-04-020001104659-25-031181Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Loriann Shelton 2025-04-01Form 42025-04-020001104659-25-031186Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Loriann Shelton 2025-04-01Form 42025-04-020001104659-25-031186Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Patrick Lavelle 2025-04-01Form 42025-04-020001104659-25-031189Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Edward David Mas 2025-04-01Form 42025-04-020001104659-25-031195Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031173Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Denise W. Gibson 2025-04-01Form 42025-04-020001104659-25-031160Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031173Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031173Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031184Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Steven R. Downing 2025-04-01Form 42025-04-020001104659-25-031152Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031173Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Charles Stoehr 2025-04-01Form 42025-04-020001104659-25-031176Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, John Shalam 2025-04-01Form 42025-04-020001104659-25-031184Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Patrick Lavelle 2025-04-01Form 42025-04-020001104659-25-031189Insider equity transaction reported since the proxy statement. Filing ↗
38Section 06, 2023 voteForm 8-K2023-07-260000950170-23-034615Item 5.07 · say-on-pay result. As reported: 99.4% (votes for as printed: 30,712,741). Filing ↗
39Section 06, 2020 voteForm 8-K2020-08-200001564590-20-040820Item 5.07 · say-on-pay result. As reported: 82.91%. Filing ↗
40Section 06, 2017 voteForm 8-K2017-07-250000807707-17-000029Item 5.07 · say-on-pay result. As reported: 78.81%. Filing ↗
41Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
42VOXX International (subject), Section 10b CEO totalDEF 14A2024-06-100000950170-24-071098CEO total compensation as printed in VOXX International's own proxy. As printed: 1,291,672. Filing ↗machine: span 520327–520336

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