Hennessy Advisors CEO Neil Hennessy's 2013 pay jumps 244% to $1.7M
Hennessy Advisors reports 2013 executive compensation
By ExecPay News
Published: December 11, 2013
Hennessy Advisors reported fiscal year 2013 executive compensation information on December 11, 2013.
In 2013, three executives at Hennessy Advisors received on average a compensation package of $959K, a 134% increase compared to previous year.
Average pay of disclosed executives at Hennessy Advisors
Neil J. Hennessy, Chief Executive Officer, received $1.7M in total, which increased by 244% compared to 2012. 71% of Hennessy's compensation, or $1.2M, was in non-equity incentive plan. Hennessy also received $350K in salary, $90K in stock awards, as well as $50K in other compensation.
Teresa M. Nilsen, Chief Financial Officer, received a compensation package of $722K, which increased by 65% compared to previous year. 49% of the compensation package, or $350K, was in non-equity incentive plan.
Daniel B. Steadman, Executive Vice President and Chief Compliance Officer, earned $494K in 2013, a 61% increase compared to previous year.
Hennessy Advisors' fiscal year ends on September 30.
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Source: SEC filing on December 11, 2013.