Ideal Power CFO Timothy Burns' 2019 pay slips 13% to $350K
Ideal Power reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
Ideal Power reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, three executives at Ideal Power received on average a compensation package of $282K, a 17% decrease compared to previous year.
Average pay of disclosed executives at Ideal Power
Timothy Burns, Chief Financial Officer, received $350K in total, which decreased by 13% compared to 2018. 58% of Burns' compensation, or $202K, was in salary. Burns also received $120K in bonus, $28K in option awards, as well as $557 in other compensation.
R. Daniel Brdar, Chief Executive Officer, received a compensation package of $335K, which decreased by 2% compared to previous year. 70% of the compensation package, or $234K, was in salary.
Lon E. Bell, Chief Executive Officer, earned $162K in 2019, a 42% decrease compared to previous year.
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Source: SEC filing on April 29, 2020.