AVEO Pharmaceuticals CEO Michael Bailey's 2019 pay falls 49% to $1.6M
AVEO Pharmaceuticals reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
AVEO Pharmaceuticals reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, three executives at AVEO Pharmaceuticals received on average a compensation package of $1M, a 35% decrease compared to previous year.
Average pay of disclosed executives at AVEO Pharmaceuticals
Michael Bailey, Chief Executive Officer, received $1.6M in total, which decreased by 49% compared to 2018. 46% of Bailey's compensation, or $735K, was in option awards. Bailey also received $258K in non-equity incentive plan, $528K in salary, as well as $69K in other compensation.
For fiscal year 2019, the median employee pay was $283,507 at AVEO Pharmaceuticals. Therefore, the ratio of Michael Bailey's pay to the median employee pay was 6 to one.
Karuna Rubin, General Counsel, received a compensation package of $749K, which decreased by 25% compared to previous year. 46% of the compensation package, or $345K, was in salary.
Michael Needle, Chief Medical Officer, earned $720K in 2019, a 35% decrease compared to previous year.
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Source: SEC filing on April 28, 2020.