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Astronics Executive Compensation (FY25)

ATRO · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 7, 2026Latest filing (8-K): May 28, 2026
7 filings cited on this page
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Astronics brief$1,500Get the executive brief
204 figures on this page: 200 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Peter Gundermann
Median of the other named officers
$1,152,637
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 28, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Peter Gundermann: $2,922,993 → $3,090,552 (5.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Astronics' chief executive and what were they paid?
Peter Gundermann was paid $3,090,552 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025. Gundermann's total was 5.7% higher than the $2,922,993 reported for fiscal 2024.
What was Astronics' say-on-pay result?
The say-on-pay proposal drew 97.0% of votes cast for or against in favor at the meeting held May 28, 2026 for fiscal 2025.
What is Astronics' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 65.5:1, against median employee compensation of $69,702.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Gundermann
Chairman, President and Chief Executive Officer
◇◇◇◇——◇◇
Mark Peabody
Executive Vice President and President of Aerospace Segment
◇◇◇◇——◇◇
Michael Kuehn
Executive Vice President
◇◇◇◇——◇◇
James Mulato
Executive Vice President and President of Test Segment
◇◇◇◇——◇◇
David Burney
Executive Vice President-Finance, Chief Financial Officer and Treasurer
◇◇◇◇——◇◇
James Kramer
Executive Vice President
◇◇◇◇——◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Gundermann
Chairman, President and Chief Executive Officer
◇◇◇◇——◇◇
Mark Peabody
Executive Vice President and President of Aerospace Segment
◇◇◇———◇◇
David Burney
Former Executive Vice President-Finance and Chief Financial Officer
Departed during or after this year
◇◇◇———◇◇
James Mulato
Executive Vice President and President of Test Segment
◇◇◇———◇◇
Nancy Hedges
Vice President, Chief Financial Officer and Treasurer
◇◇◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Gundermann
Chairman, President and Chief Executive Officer
◇◇◇◇——◇◇
Mark Peabody
Executive Vice President of the Company and President of the Aerospace Segment
◇◇◇———◇◇
Nancy Hedges
Vice President, Chief Financial Officer and Treasurer
◇◇◇———◇◇
James Mulato
President of Astronics Test Systems, Inc.
◇◇◇———◇◇
Julie Davis
General Counsel and Secretary
◇◇◇———◇◇
David Burney
Former Executive Vice President-Finance, Chief Financial Officer and Treasurer
Departed during or after this year
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
James F. MulatoPSU—◇◇—◇—◇
Julie M. DavisPSU——◇—◇—◇
Mark A. PeabodyPSU—◇◇—◇—◇
Nancy L. HedgesPSU—◇◇—◇—◇
Peter J. GundermannPSU—◇◇—◇—◇
Peter J. GundermannOPTION———◇—◇◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Mark PeabodyPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Peter GundermannPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Nancy HedgesPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
James MulatoPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Linda G. O'Brien
◇◇————◇
Neil Y. Kim
◇◇————◇
Robert T. Brady
Lead independent director
◇◇————◇
Robert S. Keane
◇◇————◇
Warren C. Johnson
◇◇————◇
Jeffry D. Frisby
◇◇————◇
Mark Moran
◇◇————◇
Fay West
◇◇————◇
Peter J. Gundermann served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 28, 2026=◇◇◇
2022May 23, 2023=◇◇◇
2019May 21, 2020=◇◇◇
2016May 31, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Astronics disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
204 figures on this page: 200 cited to the filing that reported them, 4 calculated from figures it prints.
200 cited to the filing
4 calculated from the filing

Documents cited

  1. 0000008063-26-000029
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-015301
    CEO PAY RATIO · Director Compensation · GRANTS OF PLAN-BASED AWARDS · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END · and 3 more sections
  3. 0001140361-25-013039
    Summary Compensation Table
  4. 0001140361-24-015352
    Summary Compensation Table
  5. 0000008063-23-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000008063-20-000029
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000008063-17-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Astronics executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/ATRO (accessed 2026).
Short form: data: Velarion

The Astronics brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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