Medgenics Chief Medical Officer Marvin Garovoy receives $451K in 2012
Medgenics reports 2012 executive compensation
By ExecPay News
Published: April 2, 2013
Medgenics reported fiscal year 2012 executive compensation information on April 2, 2013.
In 2012, three Medgenics executives received on average a compensation package of $387K, a 12% increase compared to previous year.
Average pay of disclosed executives at Medgenics
Marvin R. Garovoy, Chief Medical Officer, received $451K in total. 37% of Garovoy's compensation, or $165K, was in option awards. Garovoy also received $3K in bonus, $134K in salary, as well as $149K in other compensation.
Andrew L. Pearlman, Chief Executive Officer, received a compensation package of $432K, which decreased by 20% compared to previous year. 75% of the compensation package, or $325K, was in salary.
Clarence L. Dellio, Chief Operating Officer, earned $278K in 2012, a 23% increase compared to previous year.
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Source: SEC filing on April 2, 2013.