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Effective May 26, Purcell will receivd an annual base salartyof $180,000, SEC filingss said. He also has been grantesd stock options to purchase a totalof 25,000 sharez of Aerosonic common stoc k and will receive four weeks of paid vacation each In addition, Purcell is eligible to earn a performance bonus of up to 35 percent of his annual base in cash, stock or other equity compensation based on targetss determined by the board. Beginning July 1, Purcell will be entitled to receive fringe benefitzs and employee benefit filings said. Previously, Purcell was vice presidentg and chief financial officerat (NASDAQ: and vice president of finance, contracts and compliancd at .
He also has worked in the government contractor advisory services groupof . A certifie d public accountant and certifiedmanagement accountant, Purcelpl received his bachelor of business administration degrer in financial accounting at in New N.Y., and holds an MBA from in Los a release said. Founded in Aerosonic is a manufacturer of aviatiob productsfor commercial, business and military The company also has offices in Clearwater and Va.
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