LRAD CEO Richard Danforth's 2021 pay rises 7% to $818K
LRAD reports 2021 executive compensation
By ExecPay News
Published: January 28, 2022
LRAD reported fiscal year 2021 executive compensation information on January 28, 2022.
In 2021, two LRAD executives received on average a compensation package of $658K, a 11% increase compared to previous year.
Average pay of disclosed executives at LRAD
Richard S. Danforth, Chief Executive Officer, received $818K in total, which increased by 7% compared to 2020. 51% of Danforth's compensation, or $414K, was in salary. Danforth also received $391K in bonus and $13K in other compensation.
Dennis D. Klahn, Chief Financial Officer, received a compensation package of $498K, which increased by 18% compared to previous year. 51% of the compensation package, or $255K, was in salary.
LRAD's fiscal year ends on September 30.
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Source: SEC filing on January 28, 2022.