OSI SYSTEMS reports 2018 executive compensation

CEO Deepak Chopra receives $7.3M

OSI SYSTEMS reported fiscal year 2018 executive compensation information on October 19, 2018.

In 2018, five executives at OSI SYSTEMS received on average a compensation package of $3,452,227, a 9% increase compared to previous year.

Average pay of disclosed executives at OSI SYSTEMS

Deepak Chopra, Chief Executive Officer, received $7,310,240 in total, which increased by 3% compared to 2017. 59.49% of Chopra's compensation, or $4,348,546, was in stock awards. Chopra also received $14,750 of change in pension value and nonqualified deferred compensation earnings, $1,750,000 in non-equity incentive plan, $1,000,000 in salary, as well as $196,944 in other compensation.

Alan Edrick, Chief Financial Officer, received a compensation package of $3,167,305, which increased by 12% compared to previous year. 59.50% of the compensation package, or $1,884,671, was in stock awards.

Ajay Mehra, Executive Vice President of the Company and President of OSI Solutions Business, earned $3,127,138 in 2018, a 9% increase compared to previous year.

Victor S. Sze, General Counsel, received $2,764,321 in 2018, which increases by 11% compared to 2017.

Mal Maginnis, President of Rapiscan Systems, Inc, earned $892,130 in 2018.

OSI SYSTEMS' fiscal year ends on June 30.