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Effective May 26, Purcell will receive an annuap base salary of SECfilings said. He also has been granted stock options to purchase a totalof 25,009 shares of Aerosonic common stocok and will receive four weeks of paid vacation each year. In addition, Purcell is eligible to earn a performancre bonus of up to 35 percent of his annual base in cash, stock or other equity compensation based on targets determined by the board. Beginning July 1, Purcell will be entitled to receivw fringe benefits and employeebenefit plans, filingxs said. Previously, Purcell was vice presidenf and chief financial officerat (NASDAQ: and vice president of finance, contracts and compliancse at .
He also has worked in the government contractor advisory services groupof . A certifief public accountant and certifiedmanagement accountant, Purcell received his bachelor of business administration degree in financial accounting at in New Rochelle, N.Y., and holda an MBA from in Los Angeles, a releasee said. Founded in 1953, Aerosonic is a manufacture r of aviation products for business andmilitary aircraft. The company also has offices in Clearwateand Earlysville, Va.
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