Astronics Management
Management criteria checks 3/4
Astronics' CEO is Peter Gundermann, appointed in Mar 2003, has a tenure of 21.08 years. total yearly compensation is $2.65M, comprised of 22.9% salary and 77.1% bonuses, including company stock and options. directly owns 2.35% of the company’s shares, worth $13.53M. The average tenure of the management team and the board of directors is 14.3 years and 7.5 years respectively.
Key information
Peter Gundermann
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 22.9% |
| CEO tenure | 21.1yrs |
| CEO ownership | 2.3% |
| Management average tenure | 14.3yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD2.39M).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
CEO
Peter Gundermann (60 yo)
21.1yrs
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 | 21.1yrs | US$2.65m | 2.35% $ 13.5m | |
| Executive VP of Finance | 21.1yrs | US$1.09m | 0.72% $ 4.2m | |
| Executive VP & President of Luminescent Systems Inc. | 14.3yrs | US$867.56k | 1.36% $ 7.8m | |
| Executive VP & President of Aerospace Segment | 14.3yrs | US$1.42m | 0.67% $ 3.9m | |
| Executive VP & President of Astronics Test Systems | 5.3yrs | US$809.97k | 0.10% $ 587.8k | |
| Executive VP and President of Astronics Connectivity Systems & Certification Corp. | 7.3yrs | US$822.22k | 0.037% $ 212.9k | |
| Corporate Controller & Principal Accounting Officer | no data | no data | 0.065% $ 375.8k | |
| Secretary | no data | no data | no data |
14.3yrs
Average Tenure
60yo
Average Age
Experienced Management: ATRO.B's management team is seasoned and experienced (14.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 23.3yrs | US$2.65m | 2.35% $ 13.5m | |
| Lead Independent Director | 34.3yrs | US$185.00k | 0.71% $ 4.1m | |
| Independent Director | 4.3yrs | US$190.01k | 2.09% $ 12.1m | |
| Independent Director | 7.5yrs | US$185.00k | 0.10% $ 592.5k | |
| Independent Director | 7.5yrs | US$190.01k | 0.11% $ 615.6k | |
| Independent Director | 5.3yrs | US$190.01k | 0.086% $ 498.2k | |
| Independent Director | 7.5yrs | US$185.00k | 0.086% $ 498.2k | |
| Independent Director | 1.2yrs | no data | 0.025% $ 142.8k |
7.5yrs
Average Tenure
64yo
Average Age
Experienced Board: ATRO.B's board of directors are considered experienced (7.5 years average tenure).