AIR INDUSTRIES GROUP CEO Luciano Melluzzo's 2022 pay falls 24% to $545K
AIR INDUSTRIES GROUP reports 2022 executive compensation
By ExecPay News
Published: August 4, 2023
AIR INDUSTRIES GROUP reported fiscal year 2022 executive compensation information on August 4, 2023.
In 2022, two executives at AIR INDUSTRIES GROUP received on average a compensation package of $443K, a 24% decrease compared to previous year.
Average pay of disclosed executives at AIR INDUSTRIES GROUP
Luciano Melluzzo, Chief Executive Officer, received $545K in total, which decreased by 24% compared to 2021. 65% of Melluzzo's compensation, or $353K, was in salary. Melluzzo also received $102K in non-equity incentive plan, $80K in option awards, as well as $11K in other compensation.
Michael Recca, Chief Financial Officer, received a compensation package of $341K, which decreased by 24% compared to previous year. 74% of the compensation package, or $252K, was in salary.
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Source: SEC filing on August 4, 2023.