Ideal Power CEO R Brdar's 2020 pay jumps 197% to $996K
Ideal Power reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Ideal Power reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, three executives at Ideal Power received on average a compensation package of $518K, a 83% increase compared to previous year.
Average pay of disclosed executives at Ideal Power
R. Daniel Brdar, Chief Executive Officer, received $996K in total, which increased by 197% compared to 2019. 44% of Brdar's compensation, or $437K, was in option awards. Brdar also received $248K in bonus, $285K in salary, as well as $26K in other compensation.
Timothy Burns, Chief Financial Officer, received a compensation package of $541K, which increased by 54% compared to previous year. 40% of the compensation package, or $215K, was in salary.
Lon E. Bell, Chief Executive Officer, earned $17K in 2020, a 90% decrease compared to previous year.
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Source: SEC filing on April 29, 2021.