P. Michael Formica
2009
In 2009, P. Michael Formica earned a total compensation of $540K as Executive Vice President and General Manager, at OraSure Technologies, a 28% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $118,500 |
|---|---|
| Option Awards | $42,362 |
| Salary | $315,000 |
| Stock Awards | $60,167 |
| Other | $4,000 |
| Total | $540,029 |
Formica received $315K in salary, accounting for 58% of the total pay in 2009.
Formica also received $118.5K in non-equity incentive plan, $42.4K in option awards, $60.2K in stock awards and $4K in other compensation.
Rankings
In 2009, P. Michael Formica's compensation ranked 6,595th out of 9,885 executives tracked by ExecPay. In other words, Formica earned more than 33.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,595 out of 9,885 | 33rd |
Division Manufacturing | 2,417 out of 3,690 | 35th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 367 out of 607 | 40th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 197 out of 331 | 41st |
Industry Surgical and Medical Instruments and Apparatus | 128 out of 217 | 41st |
Source: SEC filing on April 1, 2010.
Formica's colleagues
We found four more compensation records of executives who worked with P. Michael Formica at OraSure Technologies in 2009.