Comtech Telecommunications CEO Fred Kornberg's 2020 pay slips 1% to $3.7M

Comtech Telecommunications reports 2020 executive compensation

By ExecPay News

Published: November 18, 2020

Comtech Telecommunications reported fiscal year 2020 executive compensation information on November 18, 2020.
In 2020, six executives at Comtech Telecommunications received on average a compensation package of $1.4M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Comtech Telecommunications
Fred Kornberg, Chief Executive Officer, received $3.7M in total, which decreased by 1% compared to 2019. 33.93% of Kornberg's compensation, or $1.3M, was in stock awards. Kornberg also received $833.7K in non-equity incentive plan, $552K in option awards, $840K in salary, as well as $227.8K in other compensation.
For fiscal year 2020, the median employee pay was $91,988 at Comtech Telecommunications. Therefore, the ratio of Fred Kornberg's pay to the median employee pay was 40 to one.
Michael D. Porcelain, Chief Operating Officer, received a compensation package of $2.3M, which increased by 4% compared to previous year. 34.38% of the compensation package, or $787.5K, was in stock awards.
Michael A. Bondi, Chief Financial Officer, earned $923.5K in 2020, a 4% decrease compared to previous year.
John Branscum, Former Sr. VP and Former President Comtech EF Data Corp. and Comtech Xicom Technology, Inc, received $809.9K in 2020, which decreases by 20% compared to 2019.
Nancy M. Stallone, Secretary, earned $484.5K in 2020, a 11% decrease compared to previous year.
Yelena Simonyuk, Managing Counsel, received $444.8K in 2020.
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

John Branscum

Comtech Telecommunications

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

Yelena Simonyuk

Comtech Telecommunications

Managing Counsel

Nancy Stallone

Comtech Telecommunications

Secretary

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Source: SEC filing on November 18, 2020.