Innovative Solutions & Support President Shahram Askarpour receives $1M in 2012
Innovative Solutions & Support reports 2012 executive compensation
By ExecPay News
Published: January 25, 2013
Innovative Solutions & Support reported fiscal year 2012 executive compensation information on January 25, 2013.
In 2012, three executives at Innovative Solutions & Support received on average a compensation package of $559K, a 66% increase compared to previous year.
Average pay of disclosed executives at Innovative Solutions & Support
Shahram Askarpour, President, received $1M in total. 72% of Askarpour's compensation, or $728K, was in option awards. Askarpour also received $271K in salary and $5.4K in other compensation.
Geoffrey S. M. Hedrick, Chief Executive Officer, received a compensation package of $408K, which is about the same as previous year. 98% of the compensation package, or $400K, was in salary.
Ronald C. Albrecht, Chief Financial Officer, earned $263K in 2012, a 2% decrease compared to previous year.
Innovative Solutions & Support's fiscal year ends on September 30.
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Source: SEC filing on January 25, 2013.