Hennessy Advisors CEO Neil Hennessy's 2011 pay rises 3% to $499K

Hennessy Advisors reports 2011 executive compensation

By ExecPay News

Published: December 15, 2011

Hennessy Advisors reported fiscal year 2011 executive compensation information on December 15, 2011.
In 2011, three executives at Hennessy Advisors received on average a compensation package of $368K, a 4% increase compared to previous year.
Average pay of disclosed executives at Hennessy Advisors
Neil J. Hennessy, Chief Executive Officer, received $499K in total, which increased by 3% compared to 2010. 60% of Hennessy's compensation, or $301K, was in non-equity incentive plan. Hennessy also received $180K in salary and $18K in other compensation.
Teresa M. Nilsen, Chief Financial Officer, received a compensation package of $361K, which increased by 1% compared to previous year. 59% of the compensation package, or $213K, was in salary.
Daniel B. Steadman, Executive Vice President and Chief Compliance Officer, earned $242K in 2011, a 9% increase compared to previous year.
Hennessy Advisors' fiscal year ends on September 30.

Related executives

Neil Hennessy

Hennessy Advisors

Chief Executive Officer

Teresa Nilsen

Hennessy Advisors

Chief Operating Officer

Daniel Steadman

Hennessy Advisors

Executive Vice President

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Source: SEC filing on December 15, 2011.