Hennessy Advisors CEO Neil Hennessy's 2011 pay rises 3% to $499K
Hennessy Advisors reports 2011 executive compensation
By ExecPay News
Published: December 15, 2011
Hennessy Advisors reported fiscal year 2011 executive compensation information on December 15, 2011.
In 2011, three executives at Hennessy Advisors received on average a compensation package of $368K, a 4% increase compared to previous year.
Neil J. Hennessy, Chief Executive Officer, received $499K in total, which increased by 3% compared to 2010. 60% of Hennessy's compensation, or $301K, was in non-equity incentive plan. Hennessy also received $180K in salary and $18K in other compensation.
Teresa M. Nilsen, Chief Financial Officer, received a compensation package of $361K, which increased by 1% compared to previous year. 59% of the compensation package, or $213K, was in salary.
Daniel B. Steadman, Executive Vice President and Chief Compliance Officer, earned $242K in 2011, a 9% increase compared to previous year.
Hennessy Advisors' fiscal year ends on September 30.