CV Sciences CEO Michael Mona's 2018 pay jumps 406% to $7.4M
CV Sciences reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
CV Sciences reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, four executives at CV Sciences received on average a compensation package of $2.4M, a 158% increase compared to previous year.
Average pay of disclosed executives at CV Sciences
Michael Mona Jr, Chief Executive Officer, received $7.4M in total, which increased by 406% compared to 2017. 85% of Mona's compensation, or $6.3M, was in stock awards. Mona also received $395K in non-equity incentive plan, $280K in option awards, $399K in salary, as well as $36K in other compensation.
Joerg Grasser, Chief Accounting Officer, received a compensation package of $817K. 100% of the compensation package, or $813K, was in option awards.
Joseph Dowling, Chief Executive Officer, earned $734K in 2018, a 16% increase compared to previous year.
Michael Mona III, Chief Operating Officer, received $682K in 2018, which decreases by 3% compared to 2017.
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Source: SEC filing on April 26, 2019.