Comtech Telecommunications CEO Fred Kornberg's 2019 pay rises 9% to $3.7M

Comtech Telecommunications reports 2019 executive compensation

By ExecPay News

Published: November 15, 2019

Comtech Telecommunications reported fiscal year 2019 executive compensation information on November 15, 2019.
In 2019, five executives at Comtech Telecommunications received on average a compensation package of $1.8M, a 21% increase compared to previous year.
Average pay of disclosed executives at Comtech Telecommunications
Fred Kornberg, Chief Executive Officer, received $3.7M in total, which increased by 9% compared to 2018. 40.58% of Kornberg's compensation, or $1.5M, was in non-equity incentive plan. Kornberg also received $800K in salary, $1.2M in stock awards, as well as $222.7K in other compensation.
For fiscal year 2019, the median employee pay was $91,937 at Comtech Telecommunications. Therefore, the ratio of Fred Kornberg's pay to the median employee pay was 41 to one.
Michael D. Porcelain, Chief Operating Officer, received a compensation package of $2.2M, which increased by 55% compared to previous year. 40.90% of the compensation package, or $899K, was in non-equity incentive plan.
John Branscum, Jr, Sr. VP and President Comtech EF Data Corp. and Comtech Xicom Technology, Inc, earned $1M in 2019, a 6% decrease compared to previous year.
Michael A. Bondi, Chief Financial Officer, received $960.6K in 2019.
Richard L. Burt, Former Sr. VP and Former President Comtech Systems, Inc, earned $897.8K in 2019, a 11% increase compared to previous year.
Comtech Telecommunications' fiscal year ends on July 31.

Related executives

Fred Kornberg

Comtech Telecommunications

Chief Executive Officer

Michael Porcelain

Comtech Telecommunications

Chief Operating Officer

Michael Bondi

Comtech Telecommunications

Chief Financial Officer

Richard Burt

Comtech Telecommunications

Former Sr. VP and Former President Comtech Systems, Inc

John Branscum

Comtech Telecommunications

Sr. VP and President Comtech EF Data Corp. and Comtech Xicom Technology, Inc

You may also like

Source: SEC filing on November 15, 2019.