ON TRACK INNOVATIONS LTD reports 2017 executive compensation

CEO Shlomi Cohen receives $886.3K

ON TRACK INNOVATIONS LTD reported fiscal year 2017 executive compensation information on October 15, 2018.

In 2017, five executives at ON TRACK INNOVATIONS LTD received on average a compensation package of $339,156, a 12% increase compared to previous year.

Average pay of disclosed executives at ON TRACK INNOVATIONS LTD

Shlomi Cohen, Chief Executive Officer, received $886,293 in total, which increased by 34% compared to 2016. 47.04% of Cohen's compensation, or $416,917, was in salary. Cohen also received $36,302 in bonus, $279,526 in non-equity incentive plan, $81,000 in stock awards, as well as $72,548 in other compensation.

Nehemia Itay, VP of Hardware Engineering, received a compensation package of $229,635, which is about the same as previous year. 68.72% of the compensation package, or $157,809, was in salary.

Yishay Curelaru, Chief Financial Officer, earned $223,517 in 2017, a 2% decrease compared to previous year.

Amir Eilam, VP, Research & Development, received $214,970 in 2017, which decreases by 2% compared to 2016.

Tamir Ben-Yoseph, General Counsel, earned $141,364 in 2017, a 25% decrease compared to previous year.