Adicet Bio CEO Chen Schor's 2020 pay jumps 306% to $11M
Adicet Bio reports 2020 executive compensation
By ExecPay News
Published: March 18, 2021
Adicet Bio reported fiscal year 2020 executive compensation information on March 18, 2021.
In 2020, four Adicet Bio executives received on average a compensation package of $4.3M, a 116% increase compared to previous year.
Chen Schor, Chief Executive Officer, received $11M in total, which increased by 306% compared to 2019. 86% of Schor's compensation, or $9.7M, was in option awards. Schor also received $212K in non-equity incentive plan, $499K in salary, $815K in stock awards, as well as $39K in other compensation.
Lloyd Klickstein, Chief Innovation Officer, received a compensation package of $2.9M, which increased by 20% compared to previous year. 76% of the compensation package, or $2.2M, was in option awards.
Francesco Galimi, Chief Medical Officer, earned $1.5M in 2020, a 132% increase compared to previous year.
Anil Singhal, Chief Executive Officer, received $1.4M in 2020, which decreases by 48% compared to 2019.