Ardelyx CEO Michael Raab's 2020 pay jumps 129% to $4M
Ardelyx reports 2020 executive compensation
By ExecPay News
Published: April 30, 2021
Ardelyx reported fiscal year 2020 executive compensation information on April 30, 2021.
In 2020, three Ardelyx executives received on average a compensation package of $2.4M, a 117% increase compared to previous year.
Michael Raab, Chief Executive Officer, received $4M in total, which increased by 129% compared to 2019. 76% of Raab's compensation, or $3M, was in option awards. Raab also received $314K in non-equity incentive plan and $633K in salary.
Susan Rodriguez, Chief Commercial Officer, received a compensation package of $1.8M. 69% of the compensation package, or $1.3M, was in option awards.
Justin Renz, Chief Financial Officer, earned $1.5M in 2020.