LRAD Corp reports 2018 executive compensation
CEO Richard S. Danforth receives $587.5K
LRAD Corp reported fiscal year 2018 executive compensation information on January 25, 2019.
In 2018, two LRAD Corp executives received on average a compensation package of $442,617, a 57% increase compared to previous year.Average pay of disclosed executives at LRAD Corp
Richard S. Danforth, Chief Executive Officer, received $587,500 in total, which increased by 17% compared to 2017. 60.43% of Danforth's compensation, or $355,000, was in salary. Danforth also received $219,000 in bonus and $13,500 in other compensation.
Dennis D. Klahn, Chief Financial Officer, received a compensation package of $297,734, which increased by 236% compared to previous year. 69.19% of the compensation package, or $206,000, was in salary.
LRAD Corp's fiscal year ends on September 30.