Astronics Management
Management criteria checks 3/4
Astronics' CEO is Peter Gundermann, appointed in Mar 2003, has a tenure of 21.75 years. total yearly compensation is $2.65M, comprised of 22.9% salary and 77.1% bonuses, including company stock and options. directly owns 2.32% of the company’s shares, worth $12.98M. The average tenure of the management team and the board of directors is 14.9 years and 8.2 years respectively.
Key information
Peter Gundermann
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 22.9% |
| CEO tenure | 21.8yrs |
| CEO ownership | 2.3% |
| Management average tenure | 14.9yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By Astronics Corporation's (NASDAQ:ATRO) Low P/S
Dec 02
Astronics Stock Plunges On Convertible Note Offering: But Why?
Nov 26Is Astronics (NASDAQ:ATRO) A Risky Investment?
Nov 13Astronics: Improving, Gradually However
Aug 18Investors Holding Back On Astronics Corporation (NASDAQ:ATRO)
Jul 17Astronics Q1 Review: Stock Is A Strong Buy
May 14Astronics Corporation's (NASDAQ:ATRO) CEO Compensation Is Looking A Bit Stretched At The Moment
May 02Astronics: A Buy On Margin And Volume Growth In Aerospace
Feb 29We Think Astronics (NASDAQ:ATRO) Has A Fair Chunk Of Debt
Jul 19Astronics: Flying Low
Sep 14Is Astronics (NASDAQ:ATRO) A Risky Investment?
Aug 26Astronics' radio test set selected by U.S. Army
Aug 24Astronics reports mixed Q2 earnings; narrows FY22 guidance
Aug 10What Is Astronics Corporation's (NASDAQ:ATRO) Share Price Doing?
Jun 09Astronics Corporation (NASDAQ:ATRO) Shares Could Be 31% Below Their Intrinsic Value Estimate
May 09Astronics (NASDAQ:ATRO) Is Carrying A Fair Bit Of Debt
Apr 06Would Astronics (NASDAQ:ATRO) Be Better Off With Less Debt?
Dec 23Is Astronics Corporation (NASDAQ:ATRO) Potentially Undervalued?
Nov 27Astronics - An Aerospace Recovery Trade
Jul 13Should Shareholders Reconsider Astronics Corporation's (NASDAQ:ATRO) CEO Compensation Package?
May 19How Many Astronics Corporation (NASDAQ:ATRO) Shares Did Insiders Buy, In The Last Year?
Mar 02Astronics (NASDAQ:ATRO) Takes On Some Risk With Its Use Of Debt
Feb 04Astronics - Heavy Turbulence
Jan 31Can Astronics (NASDAQ:ATRO) Turn Things Around?
Jan 18
Astronics'(NASDAQ:ATRO) Share Price Is Down 63% Over The Past Three Years.
Dec 31What Type Of Shareholders Own The Most Number of Astronics Corporation (NASDAQ:ATRO) Shares?
Dec 13Is Astronics Corporation (NASDAQ:ATRO) Trading At A 40% Discount?
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | -US$6m |
| Jun 29 2024 | n/a | n/a | -US$12m |
| Mar 30 2024 | n/a | n/a | -US$25m |
| Dec 31 2023 | US$3m | US$606k | -US$26m |
| Sep 30 2023 | n/a | n/a | -US$40m |
| Jul 01 2023 | n/a | n/a | -US$38m |
| Apr 01 2023 | n/a | n/a | -US$37m |
| Dec 31 2022 | US$2m | US$589k | -US$36m |
| Oct 01 2022 | n/a | n/a | -US$27m |
| Jul 02 2022 | n/a | n/a | -US$20m |
| Apr 02 2022 | n/a | n/a | -US$17m |
| Dec 31 2021 | US$2m | US$571k | -US$26m |
| Oct 02 2021 | n/a | n/a | -US$47m |
| Jul 03 2021 | n/a | n/a | -US$45m |
| Apr 03 2021 | n/a | n/a | -US$61m |
| Dec 31 2020 | US$3m | US$571k | -US$116m |
| Sep 26 2020 | n/a | n/a | -US$130m |
| Jun 27 2020 | n/a | n/a | -US$123m |
| Mar 28 2020 | n/a | n/a | -US$93m |
| Dec 31 2019 | US$4m | US$560k | US$52m |
| Sep 28 2019 | n/a | n/a | US$99m |
| Jun 29 2019 | n/a | n/a | US$114m |
| Mar 30 2019 | n/a | n/a | US$122m |
| Dec 31 2018 | US$2m | US$549k | US$47m |
| Sep 29 2018 | n/a | n/a | US$29m |
| Jun 30 2018 | n/a | n/a | US$18m |
| Mar 31 2018 | n/a | n/a | US$11m |
| Dec 31 2017 | US$4m | US$539k | US$20m |
Compensation vs Market: Peter's total compensation ($USD2.65M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
CEO
Peter Gundermann (61 yo)
21.8yrs
Tenure
US$2,650,211
Compensation
Mr. Peter J. Gundermann has been the Chief Executive Officer and President of Astronics Corporation since March 18, 2003 and has been its Chairman since June 11, 2019. He served as President of Luminescent...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 21.8yrs | US$2.65m | 2.32% $ 13.0m | |
| Executive VP of Finance | 21.8yrs | US$1.09m | 0.72% $ 4.0m | |
| Executive VP & President of Luminescent Systems Inc. | 14.9yrs | US$867.56k | 1.35% $ 7.5m | |
| Executive VP & President of Aerospace Segment | 14.9yrs | US$1.42m | 0.67% $ 3.8m | |
| Executive VP & President of Astronics Test Systems | 5.9yrs | US$809.97k | 0.11% $ 594.8k | |
| Executive VP and President of Astronics Connectivity Systems & Certification Corp. | 7.9yrs | US$822.22k | 0.037% $ 209.6k | |
| Corporate Controller & Principal Accounting Officer | no data | no data | 0.070% $ 389.4k | |
| Secretary | no data | no data | no data |
14.9yrs
Average Tenure
61yo
Average Age
Experienced Management: ATRO's management team is seasoned and experienced (14.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 23.9yrs | US$2.65m | 2.32% $ 13.0m | |
| Lead Independent Director | 34.9yrs | US$190.01k | 0.72% $ 4.0m | |
| Independent Director | 5yrs | US$190.01k | 2.09% $ 11.7m | |
| Independent Director | 8.2yrs | US$190.01k | 0.12% $ 668.9k | |
| Independent Director | 8.2yrs | US$190.01k | 0.12% $ 691.1k | |
| Independent Director | 6yrs | US$190.01k | 0.10% $ 578.5k | |
| Independent Director | 8.2yrs | US$190.01k | 0.10% $ 578.5k | |
| Independent Director | 1.8yrs | US$190.01k | 0.042% $ 237.7k |
8.2yrs
Average Tenure
65yo
Average Age
Experienced Board: ATRO's board of directors are considered experienced (8.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:48 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Astronics Corporation is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Ciarmoli | Boenning & Scattergood, Inc. |
| Kenneth Herbert | Canaccord Genuity |
| Michael Callahan | Capstone Investments |