Frequency Electronics CEO Thomas McClelland's 2024 pay jumps 25% to $821K
Frequency Electronics reports 2024 executive compensation
By ExecPay News
Published: August 28, 2024
Frequency Electronics reported fiscal year 2024 executive compensation information on August 28, 2024.
In 2024, three executives at Frequency Electronics received on average a compensation package of $567K, a 6% increase compared to previous year.
Average pay of disclosed executives at Frequency Electronics
Thomas McClelland, Chief Executive Officer, received $821K in total, which increased by 25% compared to 2023. 42% of McClelland's compensation, or $346K, was in stock awards. McClelland also received $132K in bonus, $324K in salary, as well as $19K in other compensation.
Steven Bernstein, Chief Financial Officer, received a compensation package of $614K, which increased by 9% compared to previous year. 45% of the compensation package, or $278K, was in salary.
Oleandro Mancini, Senior Vice President, Business Development, earned $265K in 2024, a 3% decrease compared to previous year.
Frequency Electronics' fiscal year ends on April 30.
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Source: SEC filing on August 28, 2024.