COMTECH TELECOMMUNICATIONS CORP reports 2018 executive compensation

CEO Fred Kornberg receives $3.4M

COMTECH TELECOMMUNICATIONS CORP reported fiscal year 2018 executive compensation information on November 16, 2018.

In 2018, five executives at COMTECH TELECOMMUNICATIONS CORP received on average a compensation package of $1,450,162, a 12% decrease compared to previous year.

Fred Kornberg, Chief Executive Officer, received $3,434,947 in total, which is about the same as previous year. 38.84% of Kornberg's compensation, or $1,334,141, was in non-equity incentive plan. Kornberg also received $760,000 in salary, $1,120,009 in stock awards, as well as $220,796 in other compensation.

Michael D. Porcelain, Vice President, received a compensation package of $1,414,396, which increased by 7% compared to previous year. 36.05% of the compensation package, or $509,951, was in non-equity incentive plan.

John Branscum, Jr, Vice President, earned $1,066,600 in 2018, a 11% increase compared to previous year.

Richard L. Burt, Vice President, received $806,012 in 2018, which decreases by 6% compared to 2017.

Nancy M. Stallone, Vice President, earned $528,853 in 2018.

COMTECH TELECOMMUNICATIONS CORP's fiscal year ends on July 31.