Tech — Hardware
OSI Systems Executive Compensation (FY25)
OSIS · Hawthorne, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): December 11, 2025
239 figures on this page: 229 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Ajay Mehra, President and Chief Executive Officer, received $7,512,141 in total compensation for fiscal 2025, and Mehra's total moved 30.0% higher from the $5,777,098 reported for fiscal 2024. The company reported a chief executive pay ratio of 371:1 for fiscal 2025, against median employee compensation of $20,224. The say-on-pay proposal drew 81.0% support at the meeting held December 11, 2025 for fiscal 2025. The disclosed peer group includes AAR Corp., Avanos Medical, Inc., Cognex Corporation, Enovis Corporation and Extreme Networks, Inc., among others.
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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 | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Manoocher Mansouri President of Optoelectronics and Manufacturing Division | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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 | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Paul Morben President of Optoelectronics and Manufacturing Division | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Ajay Mehra | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Ajay Mehra | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Ajay Mehra | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Alan Edrick | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Deepak Chopra | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Manoocher Mansouri | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Paul Morben | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Victor S. Sze | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Ajay Mehra | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Deepak Chopra | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Manoocher Mansouri | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Paul Morben | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Alan Edrick | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Victor Sze | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
William F. Ballhaus Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Meyer Luskin | ◇ | ◇ | — | — | — | — | ◇ |
James B. Hawkins | ◇ | ◇ | — | — | — | — | ◇ |
Gerald Chizever | ◇ | ◇ | — | — | — | — | ◇ |
Kelli Bernard | ◇ | ◇ | — | — | — | — | ◇ |
Ajay Mehra, Deepak Chopra and Steven C. Good 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 | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
| Board meeting fee | ◇ |
| Committee meeting fee | ◇ |
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual retainer
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | December 11, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | December 12, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | December 12, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | December 13, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | December 9, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | December 10, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | December 12, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | December 10, 2018 | = | ◇ | ◇ | ◇ |
| 2017 | December 11, 2017 | = | ◇ | ◇ | ◇ |
| 2016 | December 6, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple 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 IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
239 figures on this page: 229 cited to the filing that reported them, 10 calculated from figures it prints.
229 cited to the filing
10 calculated from the filing
Documents cited
- 0001104659-25-120300Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-25-101517Director Compensation · GRANTS OF PLAN-BASED AWARDS TABLE · Grants of Plan-Based Awards Table · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END · and 3 more sections
- 0001104659-24-128331Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-24-111456SUMMARY COMPENSATION TABLE
- 0001104659-23-125389Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-23-111812SUMMARY COMPENSATION TABLE
- 0001104659-22-126905Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-21-148132
- 0001104659-20-134675
- 0001104659-19-072566
- 0001104659-18-072278
- 0001104659-17-072895
- 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
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.
Tech — Hardware rankings
Peers OSI Systems discloses
The companies named in OSIS's own disclosed peer group.
Terms on this page
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}
}