ArQule CEO Paolo Pucci's 2018 pay jumps 25% to $1.7M
ArQule reports 2018 executive compensation
By ExecPay News
Published: March 28, 2019
ArQule reported fiscal year 2018 executive compensation information on March 28, 2019.
In 2018, four ArQule executives received on average a compensation package of $1.1M, a 17% increase compared to previous year.
Average pay of disclosed executives at ArQule
Paolo Pucci, Chief Executive Officer, received $1.7M in total, which increased by 25% compared to 2017. 53% of Pucci's compensation, or $926K, was in option awards. Pucci also received $304K in non-equity incentive plan, $506K in salary, as well as $8.7K in other compensation.
For fiscal year 2018, the median employee pay was $175,993 at ArQule. Therefore, the ratio of Paolo Pucci's pay to the median employee pay was 10 to one.
Peter S. Lawrence, Chief Operating Officer, received a compensation package of $1.2M, which increased by 20% compared to previous year. 42% of the compensation package, or $495K, was in option awards.
Brian Schwartz, Chief Medical Officer, earned $1.1M in 2018, a 21% increase compared to previous year.
Robert J. Weiskopf, Chief Financial Officer, received $556K in 2018, which decreases by 9% compared to 2017.
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Source: SEC filing on March 28, 2019.