Accelerate Diagnostics CEO Lawrence Mehren's 2018 pay jumps 91% to $716K

Accelerate Diagnostics reports 2018 executive compensation

By ExecPay News

Published: April 5, 2019

Accelerate Diagnostics reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, four executives at Accelerate Diagnostics received on average a compensation package of $574K, a 2% increase compared to previous year.
Average pay of disclosed executives at Accelerate Diagnostics
Lawrence Mehren, Chief Executive Officer, received $716K in total, which increased by 91% compared to 2017. 52% of Mehren's compensation, or $375K, was in salary. Mehren also received $341K in option awards.
For fiscal year 2018, the median employee pay was $194,343 at Accelerate Diagnostics. Therefore, the ratio of Lawrence Mehren's pay to the median employee pay was 4 to one.
Steve Reichling, Chief Financial Officer, received a compensation package of $692K, which is about the same as previous year. 65% of the compensation package, or $452K, was in option awards.
Joan Martin, Former Executive Vice President and Head of Europe, Middle East, and Africa, earned $540K in 2018, a 50% increase compared to previous year.
Ron Price, Senior Vice President and Head of Commercial Operations, Americas, received $349K in 2018, which decreases by 58% compared to 2017.

Related executives

Lawrence Mehren

Accelerate Diagnostics

Chief Executive Officer

Steve Reichling

Accelerate Diagnostics

Chief Financial Officer

Ron Price

Accelerate Diagnostics

Senior Vice President and Head of Commercial Operations, Americas

Joan Martin

Accelerate Diagnostics

Former Executive Vice President and Head of Europe, Middle East, and Africa

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Source: SEC filing on April 5, 2019.