Frequency Electronics CEO Thomas McClelland's 2023 pay jumps 140% to $658K
Frequency Electronics reports 2023 executive compensation
By ExecPay News
Published: August 28, 2023
Frequency Electronics reported fiscal year 2023 executive compensation information on August 28, 2023.
In 2023, four executives at Frequency Electronics received on average a compensation package of $537K, a 74% increase compared to previous year.
Average pay of disclosed executives at Frequency Electronics
Thomas McClelland, Chief Executive Officer, received $658K in total, which increased by 140% compared to 2022. 54% of McClelland's compensation, or $353K, was in stock awards. McClelland also received $290K in salary and $15K in other compensation.
Stanton D. Sloane, Chief Executive Officer, received a compensation package of $653K, which increased by 66% compared to previous year. 88% of the compensation package, or $578K, was in other compensation.
Steven Bernstein, Chief Financial Officer, earned $562K in 2023.
Oleandro Mancini, Senior Vice President, Business Development, received $274K in 2023, which increases by 7% compared to 2022.
Frequency Electronics' fiscal year ends on April 30.
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Source: SEC filing on August 28, 2023.