LRAD CEO Thomas Brown receives $626K in 2007

LRAD reports 2007 executive compensation

By ExecPay News

Published: March 31, 2008

LRAD reported fiscal year 2007 executive compensation information on March 31, 2008.
In 2007, five LRAD executives received on average a compensation package of $302K.
Average pay of disclosed executives at LRAD
Thomas R. Brown, Chief Executive Officer, received $626K in total. 60% of Brown's compensation, or $376K, was in option awards. Brown also received $250K in salary.
Elwood G. Norris, Chairman, received a compensation package of $491K. 54% of the compensation package, or $263K, was in option awards.
James Croft, III, Senior Vice President, Research and Development, earned $194K in 2007.
Karen Jordan, Chief Accounting Officer, received $153K in 2007.
Katherine H. McDermott, Chief Financial Officer, earned $43K in 2007.
LRAD's fiscal year ends on September 30.

Related executives

James Croft

LRAD

Senior Vice President, Research and Development

Karen Jordan

LRAD

Chief Accounting Officer

Elwood Norris

LRAD

Chairman

Thomas Brown

LRAD

Chief Executive Officer

Katherine McDermott

LRAD

Chief Financial Officer

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Source: SEC filing on March 31, 2008.