Cortexyme CEO Christopher Lowe's 2021 pay falls 77% to $2.1M
Cortexyme reports 2021 executive compensation
By ExecPay News
Published: April 27, 2022
Cortexyme reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, five Cortexyme executives received on average a compensation package of $970K, a 90% decrease compared to previous year.
Average pay of disclosed executives at Cortexyme
Christopher Lowe, Chief Executive Officer, received $2.1M in total, which decreased by 77% compared to 2020. 70% of Lowe's compensation, or $1.5M, was in option awards. Lowe also received $197K in non-equity incentive plan, $445K in salary, as well as $4K in other compensation.
For fiscal year 2021, the median employee pay was $622,098 at Cortexyme. Therefore, the ratio of Christopher Lowe's pay to the median employee pay was 3 to one.
Casey C. Lynch, Chief Executive Officer, received a compensation package of $887K, which decreased by 94% compared to previous year. 65% of the compensation package, or $575K, was in salary.
Michael Detke, Chief Medical Officer, earned $632K in 2021, a 92% decrease compared to previous year.
Caryn McDowell, Secretary, received $604K in 2021, which decreases by 94% compared to 2020.
Leslie Holsinger, Executive Vice President of Preclinical Development, earned $604K in 2021, a 93% decrease compared to previous year.
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Source: SEC filing on April 27, 2022.