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Effective May 26, Purcell will receive an annuakl base salaryof $180,000, SEC filings said. He also has been granted stock options to purchase a totapof 25,000 shares of Aerosonic common stock and will receive four weekss of paid vacation each year. In addition, Purcellk is eligible to earn a performance bonus of up to 35 percent of his annual base salary, in cash, stocik or other equity compensatiom based on targets determined by the Beginning July 1, Purcell will be entitled to receiv e fringe benefits and employee benefit plans, filing said. Previously, Purcell was vice president and chief financialo officerat (NASDAQ: HRLY) and vice president of finance, contractas and compliance at .
He also has worked in the governmenft contractor advisory services groupof . A certifier public accountant and certifiedmanagement accountant, Purcell received his bachelort of business administration degree in financial accountiny at in New Rochelle, N.Y., and holds an MBA from in Los a release said. Founded in 1953, Aerosonicv is a manufacturer of aviation products for business andmilitary aircraft. The company also has officex in Clearwaterand Earlysville, Va.
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