How Gundermann was paid
$4.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Peter J. GundermannPresident & CEO | $658,570 | $898,642 | $500,455 | $951,108 | $1,474,438 | $81,777 | $4,564,990 |
| Nancy L. HedgesVP, CFO & Treasurer | $369,231 | $430,380 | $350,814 | — | — | $23,091 | $1,173,516 |
| David C. BurneyFormer Executive VP- Finance, CFO & Treasurer | $48,874 | — | — | — | $0 | $17,867 | $66,741 |
| Julie M. DavisGeneral Counsel | $300,000 | $177,766 | $89,190 | — | — | $17,500 | $584,456 |
| James F. MulatoPresident of Astronics Test Systems, Inc. | $402,329 | $361,236 | $350,814 | — | — | $38,258 | $1,152,637 |
| Mark A. PeabodyPresident of Aerospace Segment | $554,917 | $614,426 | $300,273 | — | $1,471,286 | $17,500 | $2,958,402 |
What changed and why
- $4.6MPeter J. Gundermann received total compensation of $4,564,990 in 2025, representing a significant increase over the prior year.
- 3.5%Base salary for the CEO was set at $658,570, reflecting a 3.5% adjustment from 2024.
- The CEO pay ratio was calculated at 65.49 to 1 compared to the median employee.
- 91%Approximately 91% of shareholders voted in favor of the say-on-pay proposal at the prior annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.