Innovative Solutions & Support CEO Shahram Askarpour's 2023 pay jumps 261% to $2.4M
Innovative Solutions & Support reports 2023 executive compensation
By ExecPay News
Published: March 5, 2024
Innovative Solutions & Support reported fiscal year 2023 executive compensation information on March 5, 2024.
In 2023, two executives at Innovative Solutions & Support received on average a compensation package of $1.6M, a 423% increase compared to previous year.
Average pay of disclosed executives at Innovative Solutions & Support
Shahram Askarpour, Chief Executive Officer, received $2.4M in total, which increased by 261% compared to 2022. 35% of Askarpour's compensation, or $852K, was in option awards. Askarpour also received $356K in non-equity incentive plan, $400K in salary, $819K in stock awards, as well as $13K in other compensation.
Michael Linacre, Chief Financial Officer, received a compensation package of $676K, which increased by 766% compared to previous year. 35% of the compensation package, or $234K, was in salary.
Innovative Solutions & Support's fiscal year ends on September 30.
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Source: SEC filing on March 5, 2024.