89bio CEO Rohan Palekar's 2020 pay jumps 378% to $4.9M
89bio reports 2020 executive compensation
By ExecPay News
Published: April 15, 2021
89bio reported fiscal year 2020 executive compensation information on April 15, 2021.
In 2020, three 89bio executives received on average a compensation package of $2.8M, a 255% increase compared to previous year.
Average pay of disclosed executives at 89bio
Rohan Palekar, Chief Executive Officer, received $4.9M in total, which increased by 378% compared to 2019. 82% of Palekar's compensation, or $4M, was in option awards. Palekar also received $331K in non-equity incentive plan, $530K in salary, as well as $8.4K in other compensation.
Quoc Le-Nguyen, Chief Technical Operations Officer and Head of Quality, received a compensation package of $1.7M, which increased by 211% compared to previous year. 68% of the compensation package, or $1.2M, was in option awards.
Hank Mansbach, Chief Medical Officer, earned $1.7M in 2020, a 124% increase compared to previous year.
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Source: SEC filing on April 15, 2021.