Innovative Solutions & Support CEO Geoffrey Hedrick's 2021 pay rises 3% to $418K
Innovative Solutions & Support reports 2021 executive compensation
By ExecPay News
Published: January 28, 2022
Innovative Solutions & Support reported fiscal year 2021 executive compensation information on January 28, 2022.
In 2021, three executives at Innovative Solutions & Support received on average a compensation package of $309K, a 28% decrease compared to previous year.
Average pay of disclosed executives at Innovative Solutions & Support
Geoffrey S. M. Hedrick, Chief Executive Officer, received $418K in total, which increased by 3% compared to 2020. 96% of Hedrick's compensation, or $400K, was in salary. Hedrick also received $18K in other compensation.
Shahram Askarpour, President, received a compensation package of $306K, which is about the same as previous year. 98% of the compensation package, or $300K, was in salary.
Relland M. Winand, Chief Financial Officer, earned $204K in 2021, a 64% decrease compared to previous year.
Innovative Solutions & Support's fiscal year ends on September 30.
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Source: SEC filing on January 28, 2022.