TransEnterix CEO Todd Pope's 2018 pay jumps 31% to $3.6M
TransEnterix reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
TransEnterix reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, four executives at TransEnterix received on average a compensation package of $2.6M, a 46% increase compared to previous year.
Average pay of disclosed executives at TransEnterix
Todd M. Pope, Chief Executive Officer, received $3.6M in total, which increased by 31% compared to 2017. 50% of Pope's compensation, or $1.8M, was in stock awards. Pope also received $358K in non-equity incentive plan, $935K in option awards, as well as $481K in salary.
For fiscal year 2018, the median employee pay was $127,682 at TransEnterix. Therefore, the ratio of Todd M. Pope's pay to the median employee pay was 28 to one.
Eric Smith, Chief Commercial Officer, received a compensation package of $2.5M. 55% of the compensation package, or $1.4M, was in option awards.
Joseph P. Slattery, Chief Financial Officer, earned $2.3M in 2018, a 69% increase compared to previous year.
Anthony Fernando, Chief Operating Officer, received $2.3M in 2018, which increases by 65% compared to 2017.
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Source: SEC filing on March 15, 2019.