VANCOUVER — Top Papa Murphy’s executives saw their pay fall by nearly half in 2015 after the Vancouver-based company’s stock took a tumble, deflating option awards.
Ken Calwell, CEO of the take-and-bake pizza chain, made about $860,000 in total compensation last year and $1.5 million in 2014, according to a recent filing with the Securities and Exchange Commission. Chief Financial Officer Mark Hutchens brought home $557,000, half of his 2014 compensation, and Chief Development Officer Jayson Tipp made $391,000, down from $566,000.
The company, traded as FRSH, has seen its stock price range from $22.72 to $8.45 in the past 52 weeks. FRSH finished Wednesday up 43 cents at $11.56.