Hennessy Advisors CEO Neil Hennessy's 2019 pay falls 33% to $2M
Hennessy Advisors reports 2019 executive compensation
By ExecPay News
Published: December 16, 2019
Hennessy Advisors reported fiscal year 2019 executive compensation information on December 16, 2019.
In 2019, four executives at Hennessy Advisors received on average a compensation package of $1.1M, a 40% decrease compared to previous year.
Average pay of disclosed executives at Hennessy Advisors
Neil J. Hennessy, Chief Executive Officer, received $2M in total, which decreased by 33% compared to 2018. 71% of Hennessy's compensation, or $1.5M, was in non-equity incentive plan. Hennessy also received $350K in salary, $156K in stock awards, as well as $90K in other compensation.
Teresa M. Nilsen, Chief Operating Officer, received a compensation package of $1.3M, which decreased by 29% compared to previous year. 61% of the compensation package, or $783K, was in non-equity incentive plan.
Kathryn R. Fahy, Chief Financial Officer, earned $577K in 2019.
Daniel B. Steadman, Executive Vice President, received $519K in 2019, which decreases by 22% compared to 2018.
Hennessy Advisors' fiscal year ends on September 30.
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Source: SEC filing on December 16, 2019.