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Companies Aviat Networks, Inc

Aviat Networks (AVNW): executive pay, fiscal 2026

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CEO total pay$4,417,472CEO Peter Smith · source
Say-on-pay support96.07%Latest vote · source
CEO vs. named peers46th pct.Of 13 peer CEOs
CEO pay ratio64.1:1To the median employee · source

CEO pay, last three years

  • $4,251,884FY2024
  • $3,772,051FY2025
  • $4,417,472FY2026

CEO total pay was $4,417,472 in fiscal 2026, up from $3,772,051 in fiscal 2025.

FY2026: salary $650,000 · bonus $0 · stock awards $3,559,276 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Aviat Networks, Inc in fiscal 2026?
As disclosed, Peter Smith (Director President and Chief Executive Officer) was the highest-paid executive at Aviat Networks, Inc in fiscal 2026, with total compensation of $4,417,472.
How does Aviat Networks, Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Peter Smith's total compensation ranked at the 46th percentile of Aviat Networks, Inc's disclosed peer group.
What is Aviat Networks, Inc's CEO-to-median employee pay ratio?
As disclosed, Aviat Networks, Inc's CEO-to-median employee pay ratio was 64.1:1.
How did shareholders vote on Aviat Networks, Inc's executive compensation?
As disclosed, 96.07% of shareholders supported Aviat Networks, Inc's executive compensation in the latest say-on-pay vote.
How much does Aviat Networks, Inc spend in total on board compensation for fiscal 2026?
As disclosed, Aviat Networks, Inc reported total board compensation of $1,237,780 for fiscal 2026.

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
Peter Smith$650,000$0$3,559,276$0$196,563$0$11,633$4,417,472
Director President and Chief Executive Officer
Gary Croke346,28055,000497,744029,75006,744935,518
Senior Vice President Product and Innovation
Erin Boase332,73265,000275,209028,398011,103712,442
General Counsel, Vice President Legal Affairs
Andrew Schmidt247,13310,000329,995035,452016,042638,622
Senior Vice President and Chief Financial Officer
Andrew Fredrickson247,2860174,270020,949011,218453,723
Former Interim Vice President and Chief Financial Office, Vice President of Corporate Finance
Michael Connaway141,362000001,195142,558
Former Senior Vice President and Chief Financial Officer

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 officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
Peter Smith$4,417,472$3,772,051$4,251,884↑ +645,421
Gary Croke935,518594,127510,860↑ +341,391
Erin Boase712,442812,096958,978↓ −99,654
Andrew Schmidt638,622———
Andrew Fredrickson453,723———
Michael Connaway142,5581,553,7071,067,337↓ −1,411,149

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 competitive positioning philosophy is to set compensation fairly, as compared to the compensation of our peer group companies, with allowances for internal factors such as tenure, individual performance and the nature of the relative scope and complexity of the role.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensia
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Andrew SchmidtRSU2025-12-03——15,647—$329,995
Erin BoaseRSU2025-09-12——5,437—129,999
Erin BoasePSU2025-09-12—5,437—10,874145,210
Gary CrokePSU2025-09-12—3,660—7,32097,753
Gary CrokeRSU2025-07-07——16,447—399,991
Andrew FredricksonRSU2025-09-26——5,435—123,761
Andrew FredricksonPSU2025-09-26—1,941—3,88250,509

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Andrew Schmidt$329,995$0$00.0%
Erin Boase129,999145,210052.8%
Gary Croke399,99197,753019.6%
Andrew Fredrickson123,76150,509029.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Gary CrokeRSU504—$10,670
Andrew FredricksonRSU554—11,728
Gary CrokeOption1,18033.65—
Gary CrokePSU1,513—32,030
Erin BoaseRSU1,597—33,808
Andrew FredricksonPSU1,941—41,091
Gary CrokePSU3,660—77,482
Erin BoaseOption3,73833.65—
Gary CrokeRSU4,392—92,979
Andrew FredricksonRSU4,603—97,446
Erin BoasePSU4,791—101,425
Erin BoaseRSU5,437—115,101
Erin BoasePSU5,437—115,101
Gary CrokePSU6,588—69,734
Erin BoaseRSU6,953—147,195
Peter SmithRSU9,749—206,386
Erin BoasePSU10,430—110,402
Andrew SchmidtRSU15,647—331,247
Gary CrokeRSU16,447—348,183
Peter SmithOption22,82333.65—
Peter SmithPSU29,249—619,201
Peter SmithRSU42,453—898,730
Peter SmithPSU63,680—1,348,106
Peter SmithRSU70,316—1,488,590
Peter SmithPSU70,316—1,488,590
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John MutchIndependent · Board Chair · Audit · Governance and Nominating$123,588$124,998———$248,586
Scott HallidayIndependent · Audit (Chair)79,925124,998———204,923
Michele KleinIndependent · Compensation · Governance and Nominating (Chair)74,857124,998———199,855
Bruce TatenIndependent · Compensation (Chair) · Governance and Nominating74,251124,998———199,249
Bryan IngramIndependent · Audit · Compensation69,142124,998———194,140
Laxmi AkkarajuIndependent · Audit66,029124,998———191,027
Peter A. SmithEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$120,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline$3

Total cost of the board

ComponentFY2026
Cash retainers and fees$487,792
Equity awards (grant-date value)$749,988
All other compensation$0
Total cost of the board$1,237,780

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

Peer group, and who names Aviat Networks as a peer

Companies that benchmark against AVNW

13 companies name AVNW as a compensation peer

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

Disclosed peer group — fiscal year 2026

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

Peer reciprocity

Of the companies Aviat Networks, Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Aviat Networks, Inc.

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
1nLIGHT2025Scott Keeney$476,808$36,086,000$0$756,217$37,333,189
2Ribbon Communications2025Bruce McClelland750,00016,370,8200225,18817,457,675
3Adtran Holdings2025Thomas Stanton1,022,6853,763,04102,884,0007,683,726
4Arlo Technologies2025Matthew McRae790,0005,590,0000963,8007,358,402
5Harmonic, Inc.2025Nimrod Ben-Natan609,0004,927,5620570,0006,163,092
6Digi International2025Ronald Konezny583,8463,454,3240949,1795,002,124
7Aviat Networks, Inc2026Peter Smith650,0003,559,2760196,5634,417,472
8Comtech Telecommunications Corp.2025Kenneth Traub663,8361,422,95301,000,0003,753,789
9Climb Global Solutions2025Dale Foster600,0001,468,4200936,0003,016,169
10Vishay Precision Group2025Ziv Shoshani743,2351,300,661002,279,041
11PowerFleet2026Steve Towe555,7781,469,0070110,0442,134,829
12Clearfield2025Cheryl Beranek460,000999,9860131,5111,613,404
13Daktronics2026Ramesh Jayaraman188,462544,3750128,3311,098,324
—Xperi——————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
Aviat Networks, Incnot disclosedPSU 50 · RSU 50not disclosedCompensia
Adtran Holdings200%not disclosedNoPay Governance LLC
Arlo Technologies122%PSU 100NoPay Governance
Clearfield29%RSU 50 · PSU 50NoCompensia
Climb Global Solutionsnot disclosedPSU 60 · RSU 40not disclosedFW Cook
Comtech Telecommunications Corp.150%not disclosedYes — Relative TSRnot disclosed
Daktronics102%RSU 75 · PSU 25NoKorn Ferry
Digi International147%RSU 50 · PSU 50Yes — TSR vs Russell 2000 IndexRadford Consulting (AON)
Harmonic, Inc.not disclosedRSU 60 · MSU 20 · PSU 20Yes — TSR relative to Nasdaq Telecommunications IndexExequity
nLIGHT159%RSU 50 · PSU 50NoCompensia
PowerFleetnot disclosedPSU 66.7 · RSU 33.3not disclosedFrederic W. Cook & Co., Inc.
Ribbon Communications30%not disclosedYes — Relative TSRFW Cook
Vishay Precision Groupnot disclosednot disclosedNoEY Parthenon
Xperi49%PSU 60 · RSU 40NoCompensia Inc.

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
20252025-11-057,842,407321,239243,81096.07%Passed
20242024-11-069,109,995228,82119,48497.55%Passed
20232023-11-088,138,002131,07518,35698.41%Passed
20222022-11-097,292,995124,74133,92398.32%Passed
20212021-11-105,918,407144,83734,05897.61%Passed
20202020-11-113,721,424199,33514,65694.92%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
20252025-11-0596.07%a
20242024-11-0697.55%b
20232023-11-0898.41%c

a. Approved under the standard stated in the filing — “For Proposals No. 2 through No. 4, abstentions will have the same effect as voting against the proposal, and broker "non-votes", if any, will be disregarded and have no effect on the outcome of the vote.”.

b. Approved under the standard stated in the filing — “For Proposals No. 2 through No. 5, abstentions will have the same effect as voting against the proposal, and broker "non-votes", if any, will be disregarded and have no effect on the outcome of the vote.”.

c. Approved under the standard stated in the filing — “For Proposals No. 2 through No. 4, abstentions will have the same effect as voting against the proposal, and broker "non-votes", if any, will be disregarded and have no effect on the outcome of the vote.”.

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.

CEO pay ratio

Ratio (CEO : median employee)64.1 : 1
CEO total compensation$3,772,051
Median employee compensation$58,827
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2026 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
khashayar PakbazSVP & Chief Operations Officer2026-10-08A9,794$0$0CommonForm 4 ↗
Gary CrokeSVP of Product and Innovation2026-10-09D7882116,367CommonForm 4 ↗
Erin BoaseVP Legal Affairs2026-10-09D8472117,592CommonForm 4 ↗
Pete A. SmithPresident and CEO2026-10-09D8,99021186,722CommonForm 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 (57 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, Peter Smith. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · page 34. As printed: 4,417,472. View filing ↗
  • Section 01, Gary Croke. DEF 14A, filed 2026-10-02. Section “Executive Compensation”. As printed: 935,518. View filing ↗
  • Section 01, Erin Boase. DEF 14A, filed 2026-10-02. Section “Executive Compensation”. As printed: 712,442. View filing ↗
  • Section 01, Andrew Schmidt. DEF 14A, filed 2026-10-02. Section “Executive Compensation”. As printed: 638,622. View filing ↗
  • Section 01, Andrew Fredrickson. DEF 14A, filed 2026-10-02. Section “Executive Compensation”. As printed: 453,723. View filing ↗
  • Section 01, Michael Connaway. DEF 14A, filed 2026-10-02. Section “Executive Compensation”. As printed: 142,558. View filing ↗
  • Section 03, Andrew Schmidt RSU. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Erin Boase RSU. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Erin Boase PSU. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Gary Croke PSU. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Gary Croke RSU. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Andrew Fredrickson RSU. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Andrew Fredrickson PSU. DEF 14A, filed 2026-10-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-09-23. Section “CEO Pay Ratio”. As printed: 64.1 : 1. View filing ↗
  • Section 08, John Mutch. DEF 14A, filed 2026-10-02. Section “Director Compensation”. As printed: 248,586. View filing ↗
  • Section 08, Scott Halliday. DEF 14A, filed 2026-10-02. Section “Director Compensation”. As printed: 204,923. View filing ↗
  • Section 08, Michele Klein. DEF 14A, filed 2026-10-02. Section “Director Compensation”. As printed: 199,855. View filing ↗
  • Section 08, Bruce Taten. DEF 14A, filed 2026-10-02. Section “Director Compensation”. As printed: 199,249. View filing ↗
  • Section 08, Bryan Ingram. DEF 14A, filed 2026-10-02. Section “Director Compensation”. As printed: 194,140. View filing ↗
  • Section 08, Laxmi Akkaraju. DEF 14A, filed 2026-10-02. Section “Director Compensation”. As printed: 191,027. View filing ↗
  • Section 08, Peter A. Smith. DEF 14A, filed 2026-10-02. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, khashayar Pakbaz 2026-10-08. Form 4, filed 2026-10-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Gary Croke 2026-10-09. Form 4, filed 2026-10-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Erin Boase 2026-10-09. Form 4, filed 2026-10-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Pete A. Smith 2026-10-09. Form 4, filed 2026-10-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-11-06. Item 5.07 · say-on-pay result. As reported: 96.07% (votes for as printed: 7,842,407). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-11-08. Item 5.07 · say-on-pay result. As reported: 97.55% (votes for as printed: 9,109,995). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-11-13. Item 5.07 · say-on-pay result. As reported: 98.41% (votes for as printed: 8,138,002). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 487,792 + equity 749,988 + all other 0 = 1,237,780, summed across the director compensation table rows.
  • nLIGHT, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in nLIGHT's own proxy. As printed: 37,333,189. View filing ↗
  • Ribbon Communications, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Ribbon Communications's own proxy. As printed: 17,457,675. View filing ↗
  • Adtran Holdings, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Adtran Holdings's own proxy. As printed: 7,683,726. View filing ↗
  • Arlo Technologies, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Arlo Technologies's own proxy. As printed: 7,358,402. View filing ↗
  • Harmonic, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Harmonic, Inc.'s own proxy. As printed: 6,163,092. View filing ↗
  • Digi International, Section 10b CEO total. DEF 14A, filed 2025-12-17. CEO total compensation as printed in Digi International's own proxy. As printed: 5,002,124. View filing ↗
  • Aviat Networks, Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-10-02. CEO total compensation as printed in Aviat Networks, Inc's own proxy. As printed: 4,417,472. View filing ↗
  • Comtech Telecommunications Corp., Section 10b CEO total. DEF 14A, filed 2026-01-30. CEO total compensation as printed in Comtech Telecommunications Corp.'s own proxy. As printed: 3,753,789. View filing ↗
  • Climb Global Solutions, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Climb Global Solutions's own proxy. As printed: 3,016,169. View filing ↗
  • Vishay Precision Group, Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Vishay Precision Group's own proxy. As printed: 2,279,041. View filing ↗
  • PowerFleet, Section 10b CEO total. DEF 14A, filed 2026-07-29. CEO total compensation as printed in PowerFleet's own proxy. As printed: 2,134,829. View filing ↗
  • Clearfield, Section 10b CEO total. DEF 14A, filed 2026-01-15. CEO total compensation as printed in Clearfield's own proxy. As printed: 1,613,404. View filing ↗
  • Daktronics, Section 10b CEO total. DEF 14A, filed 2026-07-28. CEO total compensation as printed in Daktronics's own proxy. As printed: 1,098,324. View filing ↗
  • Section 10a, Ribbon Communications reciprocity. DEF 14A. Ribbon Communications names Aviat Networks, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, PowerFleet reciprocity. DEF 14A. PowerFleet's most recent proxy was read; its disclosed peer group does not include Aviat Networks, Inc. View filing ↗
  • Section 10a, ADTRAN Holdings reciprocity. DEF 14A. ADTRAN Holdings's most recent proxy was read; its disclosed peer group does not include Aviat Networks, Inc. View filing ↗
  • Section 10a, Daktronics reciprocity. DEF 14A. Daktronics's most recent proxy was read; its disclosed peer group does not include Aviat Networks, Inc. View filing ↗
  • Section 10a, Digi International reciprocity. DEF 14A. Digi International names Aviat Networks, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Vishay Precision Group reciprocity. DEF 14A. Vishay Precision Group's most recent proxy was read; its disclosed peer group does not include Aviat Networks, Inc. View filing ↗
  • Section 10a, Clearfield reciprocity. DEF 14A. Clearfield names Aviat Networks, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Comtech Telecommunications Corp. reciprocity. DEF 14A. Comtech Telecommunications Corp. names Aviat Networks, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Climb Global Solutions reciprocity. DEF 14A. Climb Global Solutions names Aviat Networks, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, nLIGHT reciprocity. DEF 14A. nLIGHT's most recent proxy was read; its disclosed peer group does not include Aviat Networks, Inc. View filing ↗
  • Section 10a, Harmonic, Inc. reciprocity. DEF 14A. Harmonic, Inc.'s most recent proxy was read; its disclosed peer group does not include Aviat Networks, Inc. View filing ↗
  • Section 10a, Arlo Technologies reciprocity. DEF 14A. Arlo Technologies's most recent proxy was read; its disclosed peer group does not include Aviat Networks, Inc. View filing ↗
  • Section 10a, Xperi reciprocity. DEF 14A. Xperi names Aviat Networks, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
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