MORRISVILLE  — The chief executive officer of ChannelAdvisor, a Morrisville-based ecommerce company, was paid $1.7 million in total compensation in 2018, down approximately $200,000 from his compensation of $1.9 million in 2017.

David Spitz has been CEO at ChannelAdvisor since 2015. He previously served as president and chief operating officer of the company.

A filing with the Securities and Exchange Commission Monday shows Spitz’s salary increased from $409,167 to $411,000 from 2017 to 2018.

He received $465,133 in 2018 in stock awards, down 37 percent from $738,990 in 2017. He received $464,516 in 2018 in option awards, down 38 percent from $745,213 in 2017.

In 2018, Spitz received $369,196 in nonequity incentive plan compensation. He did not receive any nonequity incentive plan compensation in 2017.

Its stock down, ChannelAdvisor briefs Wall Street on plans to adapt ecommerce strategy

The base salary of ChannelAdvisor executive chairman Scot Wingo was unchanged in 2016, 2017, and 2018 at $125,000.

ChannelAdvisor’s annual meeting will be held on May 1 at the company’s corporate headquarters in Morrisville.

Shares of ChannelAdvisor (NYSE: ECOM) closed at $12.20 on Thursday.

Its 52-week high is $15.65, its low $8.75.

This story is from the North Carolina Business News Wire, a service of the UNC-Chapel Hill School of Media and Journalism

ChannelAdvisor cofounder Scot Wingo sells more of his stock holdings