Astronics CEO Peter Gundermann's 2009 pay falls 30% to $596K
Astronics reports 2009 executive compensation
By ExecPay News
Published: March 25, 2010
Astronics reported fiscal year 2009 executive compensation information on March 25, 2010.
In 2009, two Astronics executives received on average a compensation package of $473K, a 21% decrease compared to previous year.
Average pay of disclosed executives at Astronics
Peter J. Gundermann, Chief Executive Officer, received $596K in total, which decreased by 30% compared to 2008. 50% of Gundermann's compensation, or $295K, was in salary. Gundermann also received $120K in bonus, $148K in option awards, as well as $33K in other compensation.
David C. Burney, Chief Financial Officer, received a compensation package of $350K, which decreased by 2% compared to previous year. 57% of the compensation package, or $200K, was in salary.
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Source: SEC filing on March 25, 2010.