Innovative Solutions & Support CFO Relland Winand's 2020 pay jumps 178% to $567K
Innovative Solutions & Support reports 2020 executive compensation
By ExecPay News
Published: January 27, 2021
Innovative Solutions & Support reported fiscal year 2020 executive compensation information on January 27, 2021.
In 2020, three executives at Innovative Solutions & Support received on average a compensation package of $427K, a 39% increase compared to previous year.
Average pay of disclosed executives at Innovative Solutions & Support
Relland M. Winand, Chief Financial Officer, received $567K in total, which increased by 178% compared to 2019. 64% of Winand's compensation, or $363K, was in option awards. Winand also received $200K in salary and $4K in other compensation.
Geoffrey S. M. Hedrick, Chief Executive Officer, received a compensation package of $408K, which is about the same as previous year. 98% of the compensation package, or $400K, was in salary.
Shahram Askarpour, President, earned $305K in 2020, which is about the same as previous year.
Innovative Solutions & Support's fiscal year ends on September 30.
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Source: SEC filing on January 27, 2021.