John A. Herrmann III
2020
In 2020, John A. Herrmann III earned a total compensation of $20.6M as EVP, Chief Legal Officer and Corporate Secretary at Novavax, a 1,423% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $241,705 |
|---|---|
| Option Awards | $18,924,907 |
| Salary | $402,842 |
| Stock Awards | $1,025,960 |
| Other | $11,400 |
| Total | $20,606,814 |
Herrmann received $18.9M in option awards, accounting for 92% of the total pay in 2020.
Herrmann also received $241.7K in non-equity incentive plan, $402.8K in salary, $1M in stock awards and $11.4K in other compensation.
Rankings
In 2020, John A. Herrmann III's compensation ranked 211th out of 13,090 executives tracked by ExecPay. In other words, Herrmann earned more than 98.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 211 out of 13,090 | 98th |
Division Manufacturing | 62 out of 5,621 | 99th |
Major group Chemicals And Allied Products | 16 out of 2,254 | 99th |
Industry group Drugs | 15 out of 1,954 | 99th |
Industry Biological Products, Except Diagnostic Substances | 7 out of 411 | 98th |
Pay ratio
| John A. Herrmann III's Pay | $20,606,814 |
|---|---|
| Median Employee's Pay | $400,755 |
| Pay Ratio | 51to 1 |
In 2020, the annual total compensation of John A. Herrmann III was $20,606,814.
The annual total compensation of the median employee at Novavax was $400,755.
The ratio of John A. Herrmann III's pay to the pay of median employee was therefore 51 to one.
Source: SEC filing on May 3, 2021.
Herrmann's colleagues
We found four more compensation records of executives who worked with John A. Herrmann III at Novavax in 2020.