Hennessy Advisors CEO Neil Hennessy's 2018 pay falls 21% to $3.1M
Hennessy Advisors reports 2018 executive compensation
By ExecPay News
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% of Hennessy's compensation, or $2.4M, was in non-equity incentive plan. Hennessy also received $350K in salary, $220K in stock awards, as well as $93K in other compensation.
Teresa M. Nilsen, Chief Operating Officer, received a compensation package of $1.8M, which increased by 31% compared to previous year. 69% of the compensation package, or $1.3M, was in non-equity incentive plan.
Daniel B. Steadman, Executive Vice President, earned $662K in 2018, a 31% decrease compared to previous year.
Hennessy Advisors' fiscal year ends on September 30.
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Source: SEC filing on December 19, 2018.