Astronics CEO Peter Gundermann's 2008 pay rises 6% to $846K
Astronics reports 2008 executive compensation
By ExecPay News
Published: March 20, 2009
Astronics reported fiscal year 2008 executive compensation information on March 20, 2009.
In 2008, two Astronics executives received on average a compensation package of $602K, a 5% increase compared to previous year.
Average pay of disclosed executives at Astronics
Peter J. Gundermann, Chief Executive Officer, received $846K in total, which increased by 6% compared to 2007. 35% of Gundermann's compensation, or $295K, was in salary. Gundermann also received $143K in bonus, $236K of change in pension value and nonqualified deferred compensation earnings, $137K in option awards, as well as $35K in other compensation.
David C. Burney, Chief Financial Officer, received a compensation package of $358K, which increased by 5% compared to previous year. 56% of the compensation package, or $200K, was in salary.
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Source: SEC filing on March 20, 2009.