Chip R. Romp
2021
In 2021, Chip R. Romp earned a total compensation of $5.3M as Executive Vice President, Commercial U.S at Seattle Genetics, a 16% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $461,167 |
|---|---|
| Option Awards | $1,553,056 |
| Salary | $555,449 |
| Stock Awards | $2,716,840 |
| Other | $2,196 |
| Total | $5,288,708 |
Romp received $2.7M in stock awards, accounting for 51% of the total pay in 2021.
Romp also received $461.2K in non-equity incentive plan, $1.6M in option awards, $555.4K in salary and $2.2K in other compensation.
Rankings
In 2021, Chip R. Romp's compensation ranked 2,448th out of 12,415 executives tracked by ExecPay. In other words, Romp earned more than 80.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,448 out of 12,415 | 80th |
Division Manufacturing | 971 out of 5,505 | 82nd |
Major group Chemicals And Allied Products | 371 out of 2,375 | 84th |
Industry group Drugs | 323 out of 2,096 | 85th |
Industry Biological Products, Except Diagnostic Substances | 97 out of 449 | 78th |
Pay ratio
| Chip R. Romp's Pay | $5,288,708 |
|---|---|
| Median Employee's Pay | $250,158 |
| Pay Ratio | 21to 1 |
In 2021, the annual total compensation of Chip R. Romp was $5,288,708.
The annual total compensation of the median employee at Seattle Genetics was $250,158.
The ratio of Chip R. Romp's pay to the pay of median employee was therefore 21 to one.
Source: SEC filing on March 30, 2022.
Romp's colleagues
We found four more compensation records of executives who worked with Chip R. Romp at Seattle Genetics in 2021.