Astronics CEO Peter Gundermann's 2007 pay jumps 67% to $801K
Astronics reports 2007 executive compensation
By ExecPay News
Published: March 28, 2008
Astronics reported fiscal year 2007 executive compensation information on March 28, 2008.
In 2007, two Astronics executives received on average a compensation package of $571K, a 50% increase compared to previous year.
Average pay of disclosed executives at Astronics
Peter J. Gundermann, Chief Executive Officer, received $801K in total, which increased by 67% compared to 2006. 33% of Gundermann's compensation, or $266K, was in salary. Gundermann also received $155K in bonus, $214K of change in pension value and nonqualified deferred compensation earnings, $131K in option awards, as well as $35K in other compensation.
David C. Burney, Chief Financial Officer, received a compensation package of $342K, which increased by 21% compared to previous year. 52% of the compensation package, or $176K, was in salary.
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Source: SEC filing on March 28, 2008.