AeroVironment CEO Wahid Nawabi's 2019 pay rises 18% to $2.1M

AeroVironment reports 2019 executive compensation

By ExecPay News

Published: August 15, 2019

AeroVironment reported fiscal year 2019 executive compensation information on August 15, 2019.
In 2019, five executives at AeroVironment received on average a compensation package of $958K, a 21% increase compared to previous year.
Average pay of disclosed executives at AeroVironment
Wahid Nawabi, Chief Executive Officer, received $2.1M in total, which increased by 18% compared to 2018. 40% of Nawabi's compensation, or $819K, was in non-equity incentive plan. Nawabi also received $5 in bonus, $591K in option awards, $624K in salary, $1.5K in stock awards, as well as $17K in other compensation.
For fiscal year 2019, the median employee pay was $105,019 at AeroVironment. Therefore, the ratio of Wahid Nawabi's pay to the median employee pay was 20 to one.
Teresa Covington, Chief Financial Officer, received a compensation package of $831K, which increased by 21% compared to previous year. 42% of the compensation package, or $351K, was in salary.
Kirk Flittie, Former Senior Vice President & General Manager, UAS, earned $807K in 2019, a 18% increase compared to previous year.
Kenneth Karklin, Senior Vice President Operations, received $565K in 2019, which increases by 19% compared to 2018.
Melissa Brown, General Counsel, earned $536K in 2019, a 35% increase compared to previous year.
AeroVironment's fiscal year ends on April 30.

Related executives

Wahid Nawabi

AeroVironment

Chief Executive Officer

Teresa Covington

AeroVironment

Chief Financial Officer

Kirk Flittie

AeroVironment

Former Senior Vice President & General Manager, UAS

Kenneth Karklin

AeroVironment

Senior Vice President Operations

Melissa Brown

AeroVironment

General Counsel

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Source: SEC filing on August 15, 2019.