CompBrief BY VELARION

Companies Intevac

Intevac (IVAC): executive pay, fiscal 2023

Free brief. Every figure links to the company’s own filing.

Intevac no longer files a proxy statement; its last pay data is FY2023.

All products and prices

CEO total pay$1,381,434CEO Nigel Hunton · source
Say-on-pay support98.34%Latest vote · source
CEO vs. named peers54th pct.Of 15 peer CEOs

CEO pay, last three years

  • $5,020,580FY2022
  • $1,381,434FY2023

CEO total pay was $1,381,434 in fiscal 2023, down from $5,020,580 in fiscal 2022.

FY2023: salary $549,994 · bonus $0 · stock awards $649,440 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Intevac in fiscal 2023?
As disclosed, Nigel Hunton (President and CEO) was the highest-paid executive at Intevac in fiscal 2023, with total compensation of $1,381,434.
How does Intevac's chief executive pay compare to its disclosed peer group?
As disclosed, Nigel Hunton's total compensation ranked at the 54th percentile of Intevac's disclosed peer group.
How did shareholders vote on Intevac's executive compensation?
As disclosed, 98.34% of shareholders supported Intevac's executive compensation in the latest say-on-pay vote.
How much does Intevac spend in total on board compensation for fiscal 2023?
As disclosed, Intevac reported total board compensation of $527,010 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Nigel Hunton$549,994$0$649,440$0$180,000$0$2,000$1,381,434
President and CEO
John Dickinson325,0000257,298025,00002,000609,298
VP of Operations
Kevin Soulsby184,1500103,500020,00002,000309,650
Interim CFO
James Moniz259,092000006,801265,893
Former CFO

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
Nigel Hunton$1,381,434$5,020,580—↓ −3,639,146
John Dickinson609,298710,737—↓ −101,439
Kevin Soulsby309,650———
James Moniz265,8931,409,258—↓ −1,143,365

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation structure is designed to attract, retain, motivate, and reward high-performing executives. Provide a total compensation opportunity that is competitive with our peer group, but that also considers the need to compete for talent with much larger equipment and imaging companies.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantAon Human Capital Solutions
Clawback policytrue
Anti-hedging—
Anti-pledgingTrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

No outstanding equity awards are on file for this fiscal year.

Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David S. DuryIndependent · Board Chair · Human Capital (Chair) · Audit$85,000$83,640$0$0$0$168,640
Dorothy D. HayesIndependent · Audit (Chair)65,00059,040000124,040
Kevin D. BarberIndependent · Audit62,50059,040000121,540
Michele F. KleinIndependent · Human Capital · Nominating and Governance53,75059,040000112,790
Nigel D. HuntonEmployee director000—00

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 7,500
Stock ownership guideline$135,000

Total cost of the board

ComponentFY2023
Cash retainers and fees$266,250
Equity awards (grant-date value)$260,760
All other compensation$0
Total cost of the board$527,010

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Intevac as a peer

Companies that benchmark against IVAC

2 companies name IVAC as a compensation peer

The list of companies that name IVAC as a peer is temporarily unavailable — recheck shortly.

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Immersion Corporation2026Eric Singer$1,137,880$1,923,000$0$395,000$5,066,691
2Everspin Technologies Inc.2025Sanjeev Aggarwal450,0001,584,0000551,4542,586,384
3Kopin Corporation2025Michael Murray506,191600,692575,990463,3742,257,423
4GSI Technology2026Lee-Lean Shu302,33901,639,50047,9311,989,770
5AXT Inc.2025Morris Young479,000983,4820172,9001,673,404
6CyberOptics Corporation2021Subodh Kulkarni424,500193,050208,513587,0001,422,279
7Intevac2023Nigel Hunton549,994649,4400180,0001,381,434
8Emcore Corporation2023Jeffrey Rittichier500,000686,190001,210,046
9QuickLogic Corporation2025Brian Faith468,000377,495001,196,495
10In Test Corporation2025Richard Grant428,915400,003210,65554,6871,099,010
11Pixelworks Inc.2025Todd DeBonis473,025436,56200909,587
12AstroNova, Inc.2025Gregory Woods472,563238,50500761,750
13Amtech Systems, Inc.2025Robert C. Daigle450,0000259,4100723,580
14Sono-Tek2026R. Stephen Harshbarger274,000060,0000408,100
15Park Aerospace Corp.2026Brian Shore220,5750104,4000331,592
—eMagin——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Intevac32.7%PSU 60 · RSU 40NoAon Human Capital Solutions
Amtech Systems, Inc.not disclosednot disclosednot disclosednot disclosed
AstroNova, Inc.0%RSU 100Nonot disclosed
AXT Inc.not disclosedRSU 100not disclosedCompensia
CyberOptics Corporationnot disclosednot disclosednot disclosedNone
eMaginnot disclosednot disclosednot disclosednot disclosed
Emcore Corporationnot disclosedRSU 71 · PSU 29NoCompensia
Everspin Technologies Inc.122.5%RSU 100not disclosednot disclosed
GSI Technology17.4%Options 100not disclosedCompensia, Inc.
Immersion Corporationnot disclosedRSU 100not disclosednot disclosed
In Test Corporation15%not disclosedNoRadford
Kopin Corporationnot disclosednot disclosedNoAon plc (Human Capital Solutions practice)
Park Aerospace Corp.not disclosedOptions 100not disclosednot disclosed
Pixelworks Inc.not disclosednot disclosedYes — TSR relative to Peer Groupnot disclosed
QuickLogic Corporation75%RSU 100not disclosedCompensia
Sono-Teknot disclosedOptions 100not disclosedNone

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-05-1520,915,733286,19567,39198.34%Passed
20232023-05-1710,767,9024,338,7993,351,43158.34%Passed
20222022-05-1815,271,2532,631,683115,42084.75%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20242024-05-1598.34%a
20232023-05-1758.34%b
20222022-05-1884.75%c

a. Approved under the standard stated in the filing — “For each of the other proposals, abstentions have the same effect as “AGAINST” votes.”.

b. Approved under the standard stated in the filing — “For each of the other proposals, abstentions have the same effect as “AGAINST” votes.”.

c. Approved under the standard stated in the filing — “For each of the other proposals, abstentions have the same effect as “AGAINST” votes.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Nigel HuntonDirector2025-01-07A160,000$0$0CommonForm 4 ↗
Cameron McAulayChief Financial Officer,2025-01-07A90,00000CommonForm 4 ↗
John DickinsonV.P. of Operations2025-01-07A50,00000CommonForm 4 ↗
Nigel HuntonDirector2025-01-19D30,4593106,302CommonForm 4 ↗
Nigel HuntonDirector2025-01-31A2,50037,475CommonForm 4 ↗
John DickinsonV.P. of Operations2025-02-15D76643,095CommonForm 4 ↗
Nigel HuntonDirector2025-02-15D3,147412,714CommonForm 4 ↗
Nigel HuntonDirector2025-03-31D284,702——CommonForm 4 ↗
John DickinsonChief Operating Officer2025-03-31D95,650——CommonForm 4 ↗
John DickinsonChief Operating Officer2025-03-31A95,65000CommonForm 4 ↗
David S. DuryDirector2025-03-31D212,000——CommonForm 4 ↗
Cameron McAulayChief Financial Officer2025-03-31D3,751——CommonForm 4 ↗
Nigel HuntonDirector2025-03-31A406,75000CommonForm 4 ↗
Nigel HuntonDirector2025-03-31D406,750——CommonForm 4 ↗
Nigel HuntonDirector2025-03-31D277,985——CommonForm 4 ↗
John DickinsonChief Operating Officer2025-03-31D113,581——CommonForm 4 ↗
David S. DuryDirector2025-03-31D12,000——CommonForm 4 ↗
Kevin D. BarberDirector2025-03-31D56,000——CommonForm 4 ↗
Dorothy D. HayesDirector2025-03-31D47,000——CommonForm 4 ↗
Michele F. KleinDirector2025-03-31D12,000——CommonForm 4 ↗
Michele F. KleinDirector2025-03-31D52,000——CommonForm 4 ↗
Ryan L. VardemanDirector2025-03-31D10,300——Derivative, Class A CommonForm 4 ↗
Ryan L. VardemanDirector2025-03-31D12,000——CommonForm 4 ↗
Eiji MiyanagaDirector2025-03-31D10,300——Derivative, Class A CommonForm 4 ↗
Eiji MiyanagaDirector2025-03-31D12,000——CommonForm 4 ↗
Cameron McAulayChief Financial Officer2025-03-31D135,000——CommonForm 4 ↗
Ryan L. VardemanDirector2025-03-31D1,053,924——Common, indirectForm 4 ↗
Cameron McAulayChief Financial Officer2025-03-31D138,000——CommonForm 4 ↗
John DickinsonChief Operating Officer2025-03-31D50,101——CommonForm 4 ↗
Kevin D. BarberDirector2025-03-31D12,000——CommonForm 4 ↗
Dorothy D. HayesDirector2025-03-31D12,000——CommonForm 4 ↗
Cameron McAulayChief Financial Officer2025-03-31A135,00000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (61 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Nigel Hunton. DEF 14A, filed 2024-04-10. Section “2023 Summary Compensation Table” · page 51. As printed: 1,381,434. View filing ↗
  • Section 01, John Dickinson. DEF 14A, filed 2024-04-10. Section “2023 Summary Compensation Table” · page 51. As printed: 609,298. View filing ↗
  • Section 01, Kevin Soulsby. DEF 14A, filed 2024-04-10. Section “2023 Summary Compensation Table” · page 51. As printed: 309,650. View filing ↗
  • Section 01, James Moniz. DEF 14A, filed 2024-04-10. Section “2023 Summary Compensation Table” · page 51. As printed: 265,893. View filing ↗
  • Section 08, David S. Dury. DEF 14A, filed 2024-04-10. Section “Director Compensation”. As printed: 168,640. View filing ↗
  • Section 08, Dorothy D. Hayes. DEF 14A, filed 2024-04-10. Section “Director Compensation”. As printed: 124,040. View filing ↗
  • Section 08, Kevin D. Barber. DEF 14A, filed 2024-04-10. Section “Director Compensation”. As printed: 121,540. View filing ↗
  • Section 08, Michele F. Klein. DEF 14A, filed 2024-04-10. Section “Director Compensation”. As printed: 112,790. View filing ↗
  • Section 08, Nigel D. Hunton. DEF 14A, filed 2024-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Nigel Hunton 2025-01-07. Form 4, filed 2025-01-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Cameron McAulay 2025-01-07. Form 4, filed 2025-01-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Dickinson 2025-01-07. Form 4, filed 2025-01-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nigel Hunton 2025-01-19. Form 4, filed 2025-01-21. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nigel Hunton 2025-01-31. Form 4, filed 2025-02-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Dickinson 2025-02-15. Form 4, filed 2025-02-18. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nigel Hunton 2025-02-15. Form 4, filed 2025-02-18. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nigel Hunton 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Dickinson 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Dickinson 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David S. Dury 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Cameron McAulay 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nigel Hunton 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nigel Hunton 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nigel Hunton 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Dickinson 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David S. Dury 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kevin D. Barber 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Dorothy D. Hayes 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Michele F. Klein 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Michele F. Klein 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Ryan L. Vardeman 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Ryan L. Vardeman 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Eiji Miyanaga 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Eiji Miyanaga 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Cameron McAulay 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Ryan L. Vardeman 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Cameron McAulay 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Dickinson 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kevin D. Barber 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Dorothy D. Hayes 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Cameron McAulay 2025-03-31. Form 4, filed 2025-04-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-17. Item 5.07 · say-on-pay result. As reported: 98.34% (votes for as printed: 20,915,733). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-05-19. Item 5.07 · say-on-pay result. As reported: 58.34% (votes for as printed: 10,767,902). View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-05-19. Item 5.07 · say-on-pay result. As reported: 84.75% (votes for as printed: 15,271,253). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 266,250 + equity 260,760 + all other 0 = 527,010, summed across the director compensation table rows.
  • Immersion Corporation, Section 10b CEO total. DEF 14A, filed 2026-08-28. CEO total compensation as printed in Immersion Corporation's own proxy. As printed: 5,066,691. View filing ↗
  • Everspin Technologies Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Everspin Technologies Inc.'s own proxy. As printed: 2,586,384. View filing ↗
  • Kopin Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Kopin Corporation's own proxy. As printed: 2,257,423. View filing ↗
  • GSI Technology, Section 10b CEO total. DEF 14A, filed 2026-07-16. CEO total compensation as printed in GSI Technology's own proxy. As printed: 1,989,770. View filing ↗
  • AXT Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in AXT Inc.'s own proxy. As printed: 1,673,404. View filing ↗
  • CyberOptics Corporation, Section 10b CEO total. DEF 14A, filed 2022-03-28. CEO total compensation as printed in CyberOptics Corporation's own proxy. As printed: 1,422,279. View filing ↗
  • Intevac (subject), Section 10b CEO total. DEF 14A, filed 2024-04-10. CEO total compensation as printed in Intevac's own proxy. As printed: 1,381,434. View filing ↗
  • Emcore Corporation, Section 10b CEO total. DEF 14A, filed 2024-01-26. CEO total compensation as printed in Emcore Corporation's own proxy. As printed: 1,210,046. View filing ↗
  • QuickLogic Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in QuickLogic Corporation's own proxy. As printed: 1,196,495. View filing ↗
  • In Test Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in In Test Corporation's own proxy. As printed: 1,099,010. View filing ↗
  • Pixelworks Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Pixelworks Inc.'s own proxy. As printed: 909,587. View filing ↗
  • AstroNova, Inc., Section 10b CEO total. DEF 14A, filed 2025-10-22. CEO total compensation as printed in AstroNova, Inc.'s own proxy. As printed: 761,750. View filing ↗
  • Amtech Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-23. CEO total compensation as printed in Amtech Systems, Inc.'s own proxy. As printed: 723,580. View filing ↗
  • Sono-Tek, Section 10b CEO total. DEF 14A, filed 2026-07-22. CEO total compensation as printed in Sono-Tek's own proxy. As printed: 408,100. View filing ↗
  • Park Aerospace Corp., Section 10b CEO total. DEF 14A, filed 2026-06-22. CEO total compensation as printed in Park Aerospace Corp.'s own proxy. As printed: 331,592. View filing ↗