Avalanche Biotechnologies CEO Laurent Fischer's 2022 pay falls 68% to $2.9M
Avalanche Biotechnologies reports 2022 executive compensation
By ExecPay News
Published: April 25, 2023
Avalanche Biotechnologies reported fiscal year 2022 executive compensation information on April 25, 2023.
In 2022, seven executives at Avalanche Biotechnologies received on average a compensation package of $1.3M, a 53% decrease compared to previous year.
Average pay of disclosed executives at Avalanche Biotechnologies
Laurent Fischer, Chief Executive Officer, received $2.9M in total, which decreased by 68% compared to 2021. 66% of Fischer's compensation, or $1.9M, was in option awards. Fischer also received $329K in non-equity incentive plan, $646K in salary, as well as $2.1K in other compensation.
For fiscal year 2022, the median employee pay was $169,590 at Avalanche Biotechnologies. Therefore, the ratio of Laurent Fischer's pay to the median employee pay was 17 to one.
Setareh Seyedkazemi, Chief Development Officer, received a compensation package of $1.5M. 41% of the compensation package, or $629K, was in option awards.
Richard Beckman, Chief Medical Officer, earned $1.4M in 2022.
Kishor Peter Soparkar, Chief Operating Officer, received $1.3M in 2022, which decreases by 46% compared to 2021.
John Rakow, Chief Financial Officer, earned $1M in 2022.
Rupert D'Souza, Chief Financial Officer, received $636K in 2022, which increases by 14% compared to 2021.
Linda Rubinstein, Chief Financial Officer, earned $112K in 2022.
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Source: SEC filing on April 25, 2023.