Comtech Telecommunications CEO Fred Kornberg's 2019 pay rises 9% to $3.7M
Comtech Telecommunications reports 2019 executive compensation
By ExecPay News
Published: November 18, 2020
Comtech Telecommunications reported fiscal year 2019 executive compensation information on November 18, 2020.
In 2019, seven executives at Comtech Telecommunications received on average a compensation package of $1.5M, a 7% increase compared to previous year.
Average pay of disclosed executives at Comtech Telecommunications
Fred Kornberg, Chief Executive Officer, received $3.7M in total, which increased by 9% compared to 2018. 41% of Kornberg's compensation, or $1.5M, was in non-equity incentive plan. Kornberg also received $800K in salary, $1.2M in stock awards, as well as $223K in other compensation.
For fiscal year 2019, the median employee pay was $91,937 at Comtech Telecommunications. Therefore, the ratio of Fred Kornberg's pay to the median employee pay was 41 to one.
Michael D. Porcelain, Chief Operating Officer, received a compensation package of $2.2M, which increased by 55% compared to previous year. 41% of the compensation package, or $899K, was in non-equity incentive plan.
John Branscum, Former Sr. VP and Former President Comtech EF Data Corp. and Comtech Xicom Technology, Inc, earned $1M in 2019, a 6% decrease compared to previous year.
John Branscum, Jr, Sr. VP and President Comtech EF Data Corp. and Comtech Xicom Technology, Inc, received $1M in 2019, which decreases by 6% compared to 2018.
Michael A. Bondi, Chief Financial Officer, earned $961K in 2019.
Richard L. Burt, Former Sr. VP and Former President Comtech Systems, Inc, received $898K in 2019, which increases by 11% compared to 2018.
Nancy M. Stallone, Secretary, earned $542K in 2019, a 2% increase compared to previous year.
Comtech Telecommunications' fiscal year ends on July 31.
Related executives
John Branscum
Comtech Telecommunications
Former Sr. VP and Former President Comtech EF Data Corp. and Comtech Xicom Technology, Inc
Nancy Stallone
Comtech Telecommunications
Secretary
Fred Kornberg
Comtech Telecommunications
Chief Executive Officer
Michael Porcelain
Comtech Telecommunications
Chief Executive Officer
Michael Bondi
Comtech Telecommunications
Chief Financial Officer
Richard Burt
Comtech Telecommunications
Former Sr. VP and Former President Comtech Systems, Inc
John Branscum
Comtech Telecommunications
Sr. VP and President Comtech EF Data Corp. and Comtech Xicom Technology, Inc
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Source: SEC filing on November 18, 2020.