Delcath Systems CEO Gerard Michel's 2022 pay falls 23% to $1.5M
Delcath Systems reports 2022 executive compensation
By ExecPay News
Published: May 1, 2023
Delcath Systems reported fiscal year 2022 executive compensation information on May 1, 2023.
In 2022, three executives at Delcath Systems received on average a compensation package of $1M, a 19% decrease compared to previous year.
Gerard Michel, Chief Executive Officer, received $1.5M in total, which decreased by 23% compared to 2021. 54% of Michel's compensation, or $800K, was in option awards. Michel also received $131K in bonus and $540K in salary.
John Purpura, Chief Operating Officer, received a compensation package of $804K, which decreased by 13% compared to previous year. 49% of the compensation package, or $396K, was in salary.
Johnny John, Senior Vice President, Clinical Development and Medical Affairs, earned $738K in 2022, a 16% decrease compared to previous year.