V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Tech — Hardware

OSI Systems Executive Compensation (FY25)

OSIS · Hawthorne, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Ajay Mehra
Median of the other named officers
$2,554,635
5 officers, excluding the chief executive
Latest say-on-pay support
=
December 11, 2025
Chief executive pay ratio
◇
To the median employee
Velarion Member: every covered company in Tech — Hardware, with dashboards, peer screens and board-ready briefs. Three seats, one year.

The OSI Systems 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.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
Data as of October 22, 2026Latest filing (8-K): December 11, 2025
13 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
OSI Systems brief$1,500Get the executive brief
Velarion Member, one year
214 figures on this page: 204 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
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 — Ajay Mehra: $5,777,098 → $7,512,141 (30.0% higher)
CEO pay ratio: 1,027:1 → 371:1 (63.9% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is OSI Systems' chief executive and what were they paid?
Ajay Mehra, President and Chief Executive Officer, received $7,512,141 in total compensation for fiscal 2025. Mehra's total moved 30.0% higher from the $5,777,098 reported for fiscal 2024.
What was OSI Systems' say-on-pay result?
The say-on-pay proposal drew 81.0% support at the meeting held December 11, 2025 for fiscal 2025.
Which companies are in OSI Systems' peer group?
The disclosed peer group includes AAR Corp., Avanos Medical, Inc., Cognex Corporation, Enovis Corporation and Extreme Networks, Inc., among others.
What is OSI Systems' chief executive pay ratio?
The company reported a chief executive pay ratio of 371:1 for fiscal 2025, against median employee compensation of $20,224.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Deepak Chopra
Chairman, President and Chief Executive Officer
◇—◇—◇◇◇◇
Ajay Mehra
Executive Vice President of the Company and President, Cargo Scanning Solutions
◇—◇—◇—◇◇
Alan Edrick
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Victor Sze
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Deepak Chopra
Chairman of the Board, Chief Executive Officer and President
◇—◇—◇◇◇◇
Ajay Mehra
Executive Vice President of the Company and President, OSI Security Division
◇—◇—◇—◇◇
Alan Edrick
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Victor Sze
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Manoocher Mansouri
President of Optoelectronics and Manufacturing Division
◇◇◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Deepak Chopra
Executive Chairman of the Board
◇◇◇—◇—◇◇
Ajay Mehra
President and Chief Executive Officer
◇—◇—◇—◇◇
Alan Edrick
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Victor Sze
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Manoocher Mansouri
Chief Technology Officer of Optoelectronics and Manufacturing Division
◇◇◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ajay Mehra
President and Chief Executive Officer
◇—◇—◇—◇◇
Deepak Chopra
Executive Chairman of the Board
◇—◇—◇—◇◇
Alan Edrick
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Victor Sze
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Paul Morben
President of Optoelectronics and Manufacturing Division
◇◇◇———◇◇
Manoocher Mansouri
Chief Technology Officer of Optoelectronics and Manufacturing Division
◇◇◇———◇◇
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
Ajay MehraPSU◇—◇—◇—◇
Ajay MehraPSU◇—◇—◇—◇
Ajay MehraPSU◇—◇———◇
Alan EdrickPSU◇—◇—◇—◇
Deepak ChopraPSU◇—◇—◇—◇
Manoocher MansouriRSU◇——◇——◇
Paul MorbenPSU◇—◇—◇—◇
Victor S. SzePSU◇—◇—◇—◇
Fiscal 2022, 2023, 2024 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
Paul MorbenPSU◇◇——
Alan EdrickPSU◇◇——
Ajay MehraPSU◇◇——
Deepak ChopraPSU◇◇——
Victor SzePSU◇◇——
Manoocher MansouriPSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Ajay Mehra
President and Chief Executive Officer · Amended agreement · dated December 12, 2024
Severance multiple◇
Alan Edrick
Executive Vice President and Chief Financial Officer · Employment agreement
Severance multiple◇
Victor Sze
Executive Vice President, General Counsel and Secretary · Employment agreement
Severance multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William F. Ballhaus
◇◇————◇
Meyer Luskin
◇◇————◇
James B. Hawkins
◇◇————◇
Gerald Chizever
◇◇————◇
Kelli Bernard
◇◇————◇
Steven C. Good, Ajay Mehra and Deepak Chopra 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.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Board meeting fee◇
Committee meeting fee◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AAR Corp. AIR
  • Avanos Medical, Inc. AVNS
  • Cognex Corporation CGNX
  • Enovis Corporation ENOV
  • Extreme Networks, Inc. EXTR
  • F5, Inc. FFIV
  • Haemonetics Corporation HAE
  • Hexcel Corporation HXL
  • IPG Photonics Corporation IPGP
  • Itron, Inc. ITRI
  • Knowles Corp. KN
  • Kratos Defense & Security Solutions, Inc. KTOS
  • Lumentum Holdings Inc. LITE
  • Masimo Corporation MASI
  • Methode Electronics, Inc. MEI
  • Netgear, Inc. NTGR
  • NetScout Systems, Inc. NTCT
  • Novanta Inc. NOVT
  • Varex Imaging Corp. VREX
  • Viasat, Inc. VSAT
  • Viavi Solutions Inc. VIAV
  • Vishay Intertechnology, Inc. VSH

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025December 11, 2025=◇◇◇
2024December 12, 2024=◇◇◇
2023December 12, 2023=◇◇◇
2022December 13, 2022=◇◇◇
2021December 9, 2021=◇◇◇
2020December 10, 2020=◇◇◇
2019December 12, 2019=◇◇◇
2018December 10, 2018=◇◇◇
2017December 11, 2017=◇◇◇
2016December 6, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Velarion Pro: every company page, peer tools and exports, one seat

One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Your address is used for this and nothing else, and you can unsubscribe in one click. See the privacy policy.

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Ajay Mehra (President and Chief Executive Officer), FY2025 total compensation $7,512,141 (base salary $621,448) [exec_comp, SEC accession 0001104659-25-101517, filed 2025-10-22]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when OSI Systems files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact OSI Systems disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where OSI Systems sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
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 — $499
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.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether OSI Systems' disclosed peer group is defensible, who names OSI Systems back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
214 figures on this page: 204 cited to the filing that reported them, 10 calculated from figures it prints.
204 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001104659-25-120300
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-25-101517
    Director Compensation · EMPLOYMENT AGREEMENTS · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0001104659-24-128331
    EXHIBIT 10.1 · Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001104659-24-111456
    SUMMARY COMPENSATION TABLE
  5. 0001104659-23-125389
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-23-111812
    SUMMARY COMPENSATION TABLE
  7. 0001104659-22-126905
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-21-148132
  9. 0001104659-20-134675
  10. 0001104659-19-072566
  11. 0001104659-18-072278
  12. 0001104659-17-072895
  13. 0001104659-16-160847
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “OSI Systems executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/OSIS (accessed 2026).
Short form: data: Velarion

The OSI Systems 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.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
13 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
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about OSI Systems and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers OSI Systems discloses

The companies named in OSIS's own disclosed peer group.

AAR Corp.Avanos Medical, Inc.Cognex CorporationEnovis CorporationExtreme Networks, Inc.F5, Inc.Haemonetics CorporationHexcel CorporationIPG Photonics CorporationItron, Inc.Knowles Corp.Kratos Defense & Security Solutions, Inc.Lumentum Holdings Inc.Masimo CorporationMethode Electronics, Inc.Netgear, Inc.NetScout Systems, Inc.Novanta Inc.Varex Imaging Corp.Viasat, Inc.Viavi Solutions Inc.Vishay Intertechnology, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy