Espey Mfg. & Electronics CEO Mark Pierre's 2011 pay jumps 49% to $306K
Espey Mfg. & Electronics reports 2011 executive compensation
By ExecPay News
Published: October 14, 2011
Espey Mfg. & Electronics reported fiscal year 2011 executive compensation information on October 14, 2011.
In 2011, three executives at Espey Mfg. & Electronics received on average a compensation package of $220K, a 4% increase compared to previous year.
Mark St. Pierre, Chief Executive Officer, received $306K in total, which increased by 49% compared to 2010. 70% of Pierre's compensation, or $213K, was in salary. Pierre also received $10K in bonus, $7.8K in option awards, as well as $75K in other compensation.
David O'Neil, Chief Financial Officer, received a compensation package of $196K, which increased by 3% compared to previous year. 73% of the compensation package, or $144K, was in salary.
Howard Pinsley, Chairman, earned $159K in 2011, a 38% decrease compared to previous year.
Espey Mfg. & Electronics' fiscal year ends on June 30.