CytoDyn CEO Nader Pourhassan's 2020 pay jumps 556% to $10M
CytoDyn reports 2020 executive compensation
By ExecPay News
Published: September 1, 2020
CytoDyn reported fiscal year 2020 executive compensation information on September 1, 2020.
In 2020, four CytoDyn executives received on average a compensation package of $3.1M, a 376% increase compared to previous year.
Average pay of disclosed executives at CytoDyn
Nader Z. Pourhassan, Chief Executive Officer, received $10M in total, which increased by 556% compared to 2019. 72% of Pourhassan's compensation, or $7.2M, was in stock awards. Pourhassan also received $618K in bonus, $1.2M in option awards, $866K in salary, as well as $46K in other compensation.
Craig S. Eastwood, Chief Financial Officer, received a compensation package of $781K, which increased by 1296% compared to previous year. 32% of the compensation package, or $249K, was in other compensation.
Nitya G. Ray, Chief Technology Officer, earned $775K in 2020, a 64% increase compared to previous year.
Michael D. Mulholland, Chief Financial Officer, received $685K in 2020, which increases by 33% compared to 2019.
CytoDyn's fiscal year ends on May 31.
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Source: SEC filing on September 1, 2020.