AeroVironment CEO Wahid Nawabi's 2018 pay jumps 95% to $1.7M
AeroVironment reports 2018 executive compensation
By ExecPay News
Published: August 17, 2018
AeroVironment reported fiscal year 2018 executive compensation information on August 17, 2018.
In 2018, five executives at AeroVironment received on average a compensation package of $795K, a 55% increase compared to previous year.
Average pay of disclosed executives at AeroVironment
Wahid Nawabi, Chief Executive Officer, received $1.7M in total, which increased by 95% compared to 2017. 31% of Nawabi's compensation, or $535K, was in salary. Nawabi also received $163K in bonus, $530K in non-equity incentive plan, $490K in stock awards, as well as $16K in other compensation.
Teresa Covington, Chief Financial Officer, received a compensation package of $687K, which increased by 69% compared to previous year. 45% of the compensation package, or $307K, was in salary.
Kirk Flittie, Vice President and General Manager, UAS, earned $683K in 2018, a 60% increase compared to previous year.
Kenneth Karklin, Vice Preside, Transition Services, received $473K in 2018, which increases by 43% compared to 2017.
Melissa Brown, General Counsel, earned $398K in 2018.
AeroVironment's fiscal year ends on April 30.
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Source: SEC filing on August 17, 2018.