Hennessy Advisors CEO Neil Hennessy's 2018 pay falls 21% to $3.1M

Hennessy Advisors reports 2018 executive compensation

Published: December 19, 2018

Hennessy Advisors reported fiscal year 2018 executive compensation information on December 19, 2018.

In 2018, three executives at Hennessy Advisors received on average a compensation package of $1.9M, a 11% decrease compared to previous year.

Average pay of disclosed executives at Hennessy Advisors

Neil J. Hennessy, Chief Executive Officer, received $3.1M in total, which decreased by 21% compared to 2017. 78.47% of Hennessy's compensation, or $2.4M, was in non-equity incentive plan. Hennessy also received $350K in salary, $220.2K in stock awards, as well as $92.9K in other compensation.

Teresa M. Nilsen, Chief Operating Officer, received a compensation package of $1.8M, which increased by 31% compared to previous year. 68.79% of the compensation package, or $1.3M, was in non-equity incentive plan.

Daniel B. Steadman, Executive Vice President, earned $661.8K in 2018, a 31% decrease compared to previous year.

Hennessy Advisors' fiscal year ends on September 30.