OSI Systems CEO Deepak Chopra's 2018 pay rises 3% to $7.3M
OSI Systems reports 2018 executive compensation
By ExecPay News
Published: October 19, 2018
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 $3.5M, a 9% increase compared to previous year.
Average pay of disclosed executives at OSI Systems
Deepak Chopra, Chief Executive Officer, received $7.3M in total, which increased by 3% compared to 2017. 59% of Chopra's compensation, or $4.3M, was in stock awards. Chopra also received $15K of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $1M in salary, as well as $197K in other compensation.
Alan Edrick, Chief Financial Officer, received a compensation package of $3.2M, which increased by 12% compared to previous year. 60% of the compensation package, or $1.9M, was in stock awards.
Ajay Mehra, Executive Vice President of the Company and President of OSI Solutions Business, earned $3.1M in 2018, a 9% increase compared to previous year.
Victor S. Sze, General Counsel, received $2.8M in 2018, which increases by 11% compared to 2017.
Mal Maginnis, President of Rapiscan Systems, Inc, earned $892K in 2018.
OSI Systems' fiscal year ends on June 30.
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Source: SEC filing on October 19, 2018.