Michael M. Morrissey
2018
In 2018, Michael M. Morrissey earned a total compensation of $8M as President and Chief Executive Officer at Exelixis, a 15% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,000,000 |
|---|---|
| Option Awards | $3,111,403 |
| Salary | $945,080 |
| Stock Awards | $2,912,552 |
| Other | $8,500 |
| Total | $7,977,535 |
Morrissey received $3.1M in option awards, accounting for 39% of the total pay in 2018.
Morrissey also received $1M in non-equity incentive plan, $945.1K in salary, $2.9M in stock awards and $8.5K in other compensation.
Rankings
In 2018, Michael M. Morrissey's compensation ranked 1,025th out of 14,244 executives tracked by ExecPay. In other words, Morrissey earned more than 92.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,025 out of 14,244 | 93rd |
Division Services | 230 out of 2,374 | 90th |
Major group Engineering, Accounting, Research, Management, And Related Services | 6 out of 166 | 96th |
Industry group Research, Development, And Testing Services | 4 out of 48 | 92nd |
Industry Commercial Physical and Biological Research | 4 out of 42 | 91st |
Pay ratio
| Michael M. Morrissey's Pay | $7,977,535 |
|---|---|
| Median Employee's Pay | $248,850 |
| Pay Ratio | 32to 1 |
In 2018, the annual total compensation of Michael M. Morrissey was $7,977,535.
The annual total compensation of the median employee at Exelixis was $248,850.
The ratio of Michael M. Morrissey's pay to the pay of median employee was therefore 32 to one.
Source: SEC filing on April 11, 2019.
Morrissey's colleagues
We found four more compensation records of executives who worked with Michael M. Morrissey at Exelixis in 2018.