M-tron Industries CEO William Drafts' 2023 pay jumps 48% to $349K
M-tron Industries reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
M-tron Industries reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, four executives at M-tron Industries received on average a compensation package of $267K, a 17% decrease compared to previous year.
Average pay of disclosed executives at M-tron Industries
William A. Drafts, Chief Executive Officer, received $349K in total, which increased by 48% compared to 2022. 57% of Drafts' compensation, or $197K, was in salary. Drafts also received $50K in bonus and $102K in stock awards.
Linda Biles, Vice President, Controller, received a compensation package of $295K, which increased by 83% compared to previous year. 49% of the compensation package, or $143K, was in salary.
Michael Ferrantino, Chief Executive Officer, earned $225K in 2023, which is the same as previous year.
James Tivy, Chief Financial Officer, received $200K in 2023, which decreases by 60% compared to 2022.
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Source: SEC filing on April 29, 2024.