CorMedix CEO Khoso Baluch's 2021 pay jumps 110% to $2.6M

CorMedix reports 2021 executive compensation

By ExecPay News

Published: August 30, 2022

CorMedix reported fiscal year 2021 executive compensation information on August 30, 2022.
In 2021, seven CorMedix executives received on average a compensation package of $1.6M, a 87% increase compared to previous year.
Average pay of disclosed executives at CorMedix
Khoso Baluch, Chief Executive Officer, received $2.6M in total, which increased by 110% compared to 2020. 65% of Baluch's compensation, or $1.7M, was in option awards. Baluch also received $367K in salary and $531K in other compensation.
Thomas Nusbickel, Former Chief Commercial Officer, received a compensation package of $1.9M. 82% of the compensation package, or $1.5M, was in option awards.
Phoebe Mounts, General Counsel, earned $1.6M in 2021, a 73% increase compared to previous year.
Matthew David, Chief Financial Officer, received $1.4M in 2021, which increases by 30% compared to 2020.
John Armstrong, Former Executive Vice President for Technical Operations, earned $1.3M in 2021, a 70% increase compared to previous year.
Elizabeth Masson-Hurlburt, Executive Vice President and Head of Clinical Operations, received $1.1M in 2021, which increases by 43% compared to 2020.
Elizabeth Hurlburt, Executive Vice President and Head of Clinical Operations, earned $1.1M in 2021.

Related executives

Matthew David

CorMedix

Chief Financial Officer

Phoebe Mounts

CorMedix

General Counsel

Elizabeth Masson-Hurlburt

CorMedix

Executive Vice President and Head of Clinical Operations

Thomas Nusbickel

CorMedix

Former Chief Commercial Officer

Khoso Baluch

CorMedix

Chief Executive Officer

John Armstrong

CorMedix

Former Executive Vice President for Technical Operations

Elizabeth Hurlburt

CorMedix

Executive Vice President and Head of Clinical Operations

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Source: SEC filing on August 30, 2022.