Edesa Biotech President Michael Brooks' 2020 pay jumps 155% to $529K
Edesa Biotech reports 2020 executive compensation
By ExecPay News
Published: March 3, 2021
Edesa Biotech reported fiscal year 2020 executive compensation information on March 3, 2021.
In 2020, three executives at Edesa Biotech received on average a compensation package of $482K, a 215% increase compared to previous year.
Average pay of disclosed executives at Edesa Biotech
Michael Brooks, President, received $529K in total, which increased by 155% compared to 2019. 52% of Brooks' compensation, or $275K, was in salary. Brooks also received $51K in bonus, $167K in option awards, as well as $36K in other compensation.
Kathi Niffenegger, Chief Financial Officer, received a compensation package of $505K, which increased by 313% compared to previous year. 46% of the compensation package, or $234K, was in salary.
Pardeep Nijhawan, Chief Executive Officer, earned $411K in 2020, a 216% increase compared to previous year.
Edesa Biotech's fiscal year ends on September 30.
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Source: SEC filing on March 3, 2021.