OSI Systems CEO Deepak Chopra's 2019 pay slips 7% to $6.8M
OSI Systems reports 2019 executive compensation
By ExecPay News
Published: October 22, 2019
OSI Systems reported fiscal year 2019 executive compensation information on October 22, 2019.
In 2019, five executives at OSI Systems received on average a compensation package of $3.6M, a 4% increase compared to previous year.
Deepak Chopra, Chief Executive Officer, received $6.8M in total, which decreased by 7% compared to 2018. 49.87% of Chopra's compensation, or $3.4M, was in stock awards. Chopra also received $302.5K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $975K in salary, as well as $190.6K in other compensation.
Ajay Mehra, Executive Vice President of the Company and President of OSI Cargo Scanning and Solutions Business, received a compensation package of $4.6M, which increased by 47% compared to previous year. 48.22% of the compensation package, or $2.2M, was in non-equity incentive plan.
Alan Edrick, Chief Financial Officer, earned $3M in 2019, a 6% decrease compared to previous year.
Victor S. Sze, General Counsel, received $2.6M in 2019, which decreases by 7% compared to 2018.
Mal Maginnis, President of Rapiscan Detection, earned $958.6K in 2019, a 7% increase compared to previous year.
OSI Systems' fiscal year ends on June 30.
Chief Executive Officer
Chief Financial Officer
Executive Vice President of the Company and President of OSI Cargo Scanning and Solutions Business