Electromed CEO James Cunniff receives $3M in 2024
Electromed reports 2024 executive compensation
By ExecPay News
Published: October 1, 2024
Electromed reported fiscal year 2024 executive compensation information on October 1, 2024.
In 2024, two Electromed executives received on average a compensation package of $1.8M, a 599% increase compared to previous year.
Average pay of disclosed executives at Electromed
James L. Cunniff, Chief Executive Officer, received $3M in total. 38% of Cunniff's compensation, or $1.2M, was in stock awards. Cunniff also received $290K in non-equity incentive plan, $1M in option awards, $500K in salary, as well as $48K in other compensation.
Bradley M. Nagel, Chief Financial Officer, received a compensation package of $553K, which increased by 117% compared to previous year. 51% of the compensation package, or $280K, was in salary.
Electromed's fiscal year ends on June 30.
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Source: SEC filing on October 1, 2024.