Astronics CEO Peter Gundermann's 2020 pay falls 55% to $831K

Astronics reports 2020 executive compensation

By ExecPay News

Published: April 13, 2021

Astronics reported fiscal year 2020 executive compensation information on April 13, 2021.
In 2020, six Astronics executives received on average a compensation package of $603K, a 43% decrease compared to previous year.
Average pay of disclosed executives at Astronics
Peter J. Gundermann, Chief Executive Officer, received $831K in total, which decreased by 55% compared to 2019. 69% of Gundermann's compensation, or $571K, was in salary. Gundermann also received $200K in stock awards and $59K in other compensation.
James F. Mulato, Executive Vice President, received a compensation package of $651K, which decreased by 40% compared to previous year. 54% of the compensation package, or $349K, was in salary.
Mark A. Peabody, Executive Vice President and President of Aerospace Segment, earned $606K in 2020, a 33% decrease compared to previous year.
Michael C. Kuehn, Executive Vice President, received $554K in 2020, which decreases by 37% compared to 2019.
David C. Burney, Chief Financial Officer, earned $528K in 2020, a 36% decrease compared to previous year.
James S. Kramer, Executive Vice President, received $447K in 2020, which decreases by 42% compared to 2019.

Related executives

Peter Gundermann

Astronics

Chief Executive Officer

David Burney

Astronics

Chief Financial Officer

James Kramer

Astronics

Executive Vice President

Michael Kuehn

Astronics

Executive Vice President

James Mulato

Astronics

Executive Vice President

Mark Peabody

Astronics

Executive Vice President and President of Aerospace Segment

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Source: SEC filing on April 13, 2021.