Jiong Shao
2019
In 2019, Jiong Shao earned a total compensation of $1.2M as Former Executive Vice President and Chief Financial Officer at Sorrento Therapeutics, a 63% decrease compared to previous year.
Compensation breakdown
| Option Awards | $776,220 |
|---|---|
| Salary | $450,000 |
| Other | $6,174 |
| Total | $1,232,394 |
Shao received $776.2K in option awards, accounting for 63% of the total pay in 2019.
Shao also received $450K in salary and $6.2K in other compensation.
Rankings
In 2019, Jiong Shao's compensation ranked 8,293rd out of 13,971 executives tracked by ExecPay. In other words, Shao earned more than 40.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,293 out of 13,971 | 41st |
Division Manufacturing | 3,282 out of 5,701 | 42nd |
Major group Chemicals And Allied Products | 1,242 out of 2,200 | 44th |
Industry group Drugs | 1,055 out of 1,886 | 44th |
Industry Biological Products, Except Diagnostic Substances | 239 out of 389 | 39th |
Pay ratio
| Jiong Shao's Pay | $1,232,394 |
|---|---|
| Median Employee's Pay | $103,169 |
| Pay Ratio | 12to 1 |
In 2019, the annual total compensation of Jiong Shao was $1,232,394.
The annual total compensation of the median employee at Sorrento Therapeutics was $103,169.
The ratio of Jiong Shao's pay to the pay of median employee was therefore 12 to one.
Source: SEC filing on September 1, 2020.
Shao's colleagues
We found one more compensation record of an executive who worked with Jiong Shao at Sorrento Therapeutics in 2019.
2019
Henry Ji
Sorrento Therapeutics