TECHPRECISION CORP CEO Alexander Shen's 2022 pay rises 17% to $357K
TECHPRECISION CORP reports 2022 executive compensation
By ExecPay News
Published: August 12, 2022
TECHPRECISION CORP reported fiscal year 2022 executive compensation information on August 12, 2022.
In 2022, two executives at TECHPRECISION CORP received on average a compensation package of $320K, a 24% increase compared to previous year.
Average pay of disclosed executives at TECHPRECISION CORP
Alexander Shen, Chief Executive Officer, received $357K in total, which increased by 17% compared to 2021. 84% of Shen's compensation, or $300K, was in salary. Shen also received $35K in bonus, $17K in stock awards, as well as $4.7K in other compensation.
Thomas Sammons, Chief Financial Officer, received a compensation package of $283K, which increased by 34% compared to previous year. 81% of the compensation package, or $230K, was in salary.
TECHPRECISION CORP's fiscal year ends on March 31.
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Source: SEC filing on August 12, 2022.