Orion Energy Systems CEO Michael Altschaefl's 2023 pay slips 7% to $959K
Orion Energy Systems reports 2023 executive compensation
By ExecPay News
Published: June 30, 2023
Orion Energy Systems reported fiscal year 2023 executive compensation information on June 30, 2023.
In 2023, four executives at Orion Energy Systems received on average a compensation package of $830K, a 17% increase compared to previous year.
Average pay of disclosed executives at Orion Energy Systems
Michael A. Altschaefl, Chief Executive Officer, received $959K in total, which decreased by 7% compared to 2022. 57% of Altschaefl's compensation, or $544K, was in stock awards. Altschaefl also received $362K in salary and $53K in other compensation.
Michael H. Jenkins, Chief Executive Officer, received a compensation package of $866K, which increased by 130% compared to previous year. 53% of the compensation package, or $457K, was in stock awards.
Scott A. Green, Executive Vice President and President of Orion Services Group, earned $842K in 2023, a 23% increase compared to previous year.
J. Per Brodin, Chief Financial Officer, received $654K in 2023, which decreases by 13% compared to 2022.
Orion Energy Systems' fiscal year ends on March 31.
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Source: SEC filing on June 30, 2023.