Alkermes CEO Richard Pops' 2018 pay jumps 82% to $17M
Alkermes reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
Alkermes reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, seven Alkermes executives received on average a compensation package of $6.1M, a 29% increase compared to previous year.
Average pay of disclosed executives at Alkermes
Richard F. Pops, Chief Executive Officer, received $17M in total, which increased by 82% compared to 2017. 59% of Pops' compensation, or $10M, was in option awards. Pops also received $1.2M in non-equity incentive plan, $1M in salary, $4.9M in stock awards, as well as $14K in other compensation.
For fiscal year 2018, the median employee pay was $146,775 at Alkermes. Therefore, the ratio of Richard F. Pops' pay to the median employee pay was 116 to one.
James A. Robinson, Chief Operating Officer, received a compensation package of $6.7M. 47% of the compensation package, or $3.2M, was in option awards.
Mark P. Stejbach, Former Senior Vice President and Chief Commercial Officer, earned $4.1M in 2018.
Kathryn L. Biberstein, Chief Administrative Officer, received $4.1M in 2018, which increases by 17% compared to 2017.
Craig C. Hopkinson, Chief Medical Officer, earned $3.8M in 2018.
James M. Frates, Chief Financial Officer, received $3.6M in 2018, which increases by 28% compared to 2017.
David J. Gaffin, Chief Legal Officer, earned $3.6M in 2018.
Related executives
Richard Pops
Alkermes
Chief Executive Officer
James Frates
Alkermes
Chief Financial Officer
James Robinson
Alkermes
Chief Operating Officer
Kathryn Biberstein
Alkermes
Chief Administrative Officer
Mark Stejbach
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Former Senior Vice President and Chief Commercial Officer
Craig Hopkinson
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Chief Medical Officer
David Gaffin
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Chief Legal Officer
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Source: SEC filing on April 5, 2019.