INTEVAC CEO Wendell Blonigan's 2018 pay falls 52% to $987K
INTEVAC reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
INTEVAC reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, four INTEVAC executives received on average a compensation package of $615K, a 43% decrease compared to previous year.
Wendell Blonigan, Chief Executive Officer, received $987K in total, which decreased by 52% compared to 2017. 52% of Blonigan's compensation, or $512K, was in salary. Blonigan also received $138K in non-equity incentive plan, $147K in option awards, $188K in stock awards, as well as $2K in other compensation.
James Moniz, Chief Financial Officer, received a compensation package of $520K, which decreased by 41% compared to previous year. 58% of the compensation package, or $304K, was in salary.
Timothy Justyn, EVP and GM, Photonics, earned $489K in 2018, a 11% decrease compared to previous year.
Jay Cho, EVP and GM, TFE, received $466K in 2018, which decreases by 43% compared to 2017.