Comtech Telecommunications CEO Fred Kornberg's 2020 pay slips 1% to $3.7M
Comtech Telecommunications reports 2020 executive compensation
By ExecPay News
Published: November 18, 2020
Comtech Telecommunications reported fiscal year 2020 executive compensation information on November 18, 2020.
In 2020, six executives at Comtech Telecommunications received on average a compensation package of $1.4M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Comtech Telecommunications
Fred Kornberg, Chief Executive Officer, received $3.7M in total, which decreased by 1% compared to 2019. 34% of Kornberg's compensation, or $1.3M, was in stock awards. Kornberg also received $834K in non-equity incentive plan, $552K in option awards, $840K in salary, as well as $228K in other compensation.
For fiscal year 2020, the median employee pay was $91,988 at Comtech Telecommunications. Therefore, the ratio of Fred Kornberg's pay to the median employee pay was 40 to one.
Michael D. Porcelain, Chief Operating Officer, received a compensation package of $2.3M, which increased by 4% compared to previous year. 34% of the compensation package, or $788K, was in stock awards.
Michael A. Bondi, Chief Financial Officer, earned $923K in 2020, a 4% decrease compared to previous year.
John Branscum, Former Sr. VP and Former President Comtech EF Data Corp. and Comtech Xicom Technology, Inc, received $810K in 2020, which decreases by 20% compared to 2019.
Nancy M. Stallone, Secretary, earned $485K in 2020, a 11% decrease compared to previous year.
Yelena Simonyuk, Managing Counsel, received $445K in 2020.
Comtech Telecommunications' fiscal year ends on July 31.
Related executives
Fred Kornberg
Comtech Telecommunications
Chief Executive Officer
Michael Porcelain
Comtech Telecommunications
Chief Executive Officer
Michael Bondi
Comtech Telecommunications
Chief Financial Officer
John Branscum
Comtech Telecommunications
Former Sr. VP and Former President Comtech EF Data Corp. and Comtech Xicom Technology, Inc
Yelena Simonyuk
Comtech Telecommunications
Chief Legal Officer
Nancy Stallone
Comtech Telecommunications
Secretary
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Source: SEC filing on November 18, 2020.