Astronics CEO Peter Gundermann's 2018 pay jumps 28% to $1.7M
Astronics reports 2018 executive compensation
By ExecPay News
Published: April 17, 2019
Astronics reported fiscal year 2018 executive compensation information on April 17, 2019.
In 2018, five Astronics executives received on average a compensation package of $981K, a 27% increase compared to previous year.
Average pay of disclosed executives at Astronics
Peter J. Gundermann, Chief Executive Officer, received $1.7M in total, which increased by 28% compared to 2017. 32% of Gundermann's compensation, or $549K, was in salary. Gundermann also received $479K in bonus, $531K in option awards, $71K in stock awards, as well as $100K in other compensation.
For fiscal year 2018, the median employee pay was $60,696 at Astronics. Therefore, the ratio of Peter J. Gundermann's pay to the median employee pay was 29 to one.
Mark A. Peabody, Executive Vice President, received a compensation package of $907K, which increased by 15% compared to previous year. 40% of the compensation package, or $366K, was in salary.
James F. Mulato, Executive Vice President, earned $807K in 2018, a 29% increase compared to previous year.
David C. Burney, Chief Financial Officer, received $783K in 2018, which increases by 31% compared to 2017.
James S. Kramer, Executive Vice President, earned $676K in 2018, a 32% increase compared to previous year.
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Source: SEC filing on April 17, 2019.