Siggi Olafsson
2023
In 2023, Siggi Olafsson earned a total compensation of $14.1M as President and Chief Executive Officer at Mallinckrodt, a 119% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,750,000 |
|---|---|
| Salary | $1,100,000 |
| Stock Awards | $10,000,012 |
| Other | $239,744 |
| Total | $14,089,756 |
Olafsson received $10M in stock awards, accounting for 71% of the total pay in 2023.
Olafsson also received $2.8M in non-equity incentive plan, $1.1M in salary and $239.7K in other compensation.
Rankings
In 2023, Siggi Olafsson's compensation ranked 8th out of 2,978 executives tracked by ExecPay. In other words, Olafsson earned more than 99.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8 out of 2,978 | 100th |
Division Manufacturing | 3 out of 1,637 | 100th |
Major group Chemicals And Allied Products | 2 out of 906 | 100th |
Industry group Drugs | 2 out of 869 | 100th |
Industry Pharmaceutical Preparations | 1 out of 627 | 100th |
Source: SEC filing on April 15, 2024.
Olafsson's colleagues
We found two more compensation records of executives who worked with Siggi Olafsson at Mallinckrodt in 2023.