Michael Raab
2023
In 2023, Michael Raab earned a total compensation of $4.1M as President, Chief Executive Officer and Director at Ardelyx, a 112% increase compared to previous year.
Compensation breakdown
| Bonus | $330,000 |
|---|---|
| Option Awards | $2,395,694 |
| Salary | $700,000 |
| Stock Awards | $687,500 |
| Other | $4,950 |
| Total | $4,118,144 |
Raab received $2.4M in option awards, accounting for 58% of the total pay in 2023.
Raab also received $330K in bonus, $700K in salary, $687.5K in stock awards and $5K in other compensation.
Rankings
In 2023, Michael Raab's compensation ranked 169th out of 2,624 executives tracked by ExecPay. In other words, Raab earned more than 93.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 169 out of 2,624 | 94th |
Division Manufacturing | 88 out of 1,434 | 94th |
Major group Chemicals And Allied Products | 55 out of 804 | 93rd |
Industry group Drugs | 54 out of 770 | 93rd |
Industry Pharmaceutical Preparations | 37 out of 545 | 93rd |
Source: SEC filing on April 29, 2024.
Raab's colleagues
We found two more compensation records of executives who worked with Michael Raab at Ardelyx in 2023.
News
Ardelyx CEO Michael Raab's 2023 pay jumps 112% to $4.1M
April 29, 2024
Ardelyx CEO Michael Raab's 2022 pay falls 54% to $1.9M
April 26, 2023
Ardelyx CEO Michael Raab's 2021 pay rises 7% to $4.2M
April 29, 2022
Ardelyx CEO Michael Raab's 2020 pay jumps 129% to $4M
April 30, 2021
Ardelyx CEO Michael Raab's 2019 pay falls 59% to $1.7M
April 24, 2020
Ardelyx CEO Michael Raab's 2018 pay slips 12% to $4.2M
April 26, 2019