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Effective May 26, Purcelpl will receive an annual base salaryof $180,000, SEC filing said. He also has been grantesd stock options to purchase a totalof 25,000 sharees of Aerosonic common stock and will receiv four weeks of paid vacation each In addition, Purcell is eligibles to earn a performance bonus of up to 35 percent of his annual base salary, in stock or other equity compensation based on targetes determined by the board. Beginninb July 1, Purcell will be entitleds to receive fringe benefits and employeerbenefit plans, filings said. Previously, Purcellp was vice president and chief financial officerat (NASDAQ: and vice president of finance, contracts and compliancr at .
He also has workex in the government contractor advisory services groupoof . A certified public accountant and certifiedmanagement accountant, Purcell receiveds his bachelor of business administrationj degree in financial accounting at in New N.Y., and holds an MBA from in Los Angeles, a releasw said. Founded in 1953, Aerosonic is a manufacturer of aviationm productsfor commercial, business and military aircraft. The company also has offices in Clearwaterand Earlysville, Va.
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