Enzon Pharmaceuticals CEO Jeffrey Buchalter's 2007 pay jumps 38% to $5.3M

Enzon Pharmaceuticals reports 2007 executive compensation

By ExecPay News

Published: April 16, 2008

Enzon Pharmaceuticals reported fiscal year 2007 executive compensation information on April 16, 2008.
In 2007, five executives at Enzon Pharmaceuticals received on average a compensation package of $2.2M, a 41% increase compared to previous year.
Average pay of disclosed executives at Enzon Pharmaceuticals
Jeffrey H. Buchalter, Chief Executive Officer, received $5.3M in total, which increased by 38% compared to 2006. 41% of Buchalter's compensation, or $2.1M, was in option awards. Buchalter also received $1.2M in non-equity incentive plan, $774K in salary, $975K in stock awards, as well as $208K in other compensation.
Ivan D. Horak, Chief Scientific Officer, received a compensation package of $1.8M, which increased by 41% compared to previous year. 38% of the compensation package, or $689K, was in option awards.
Craig A. Tooman, Chief Financial Officer, earned $1.7M in 2007, a 50% increase compared to previous year.
Ralph del Campo, Executive Vice President, Technical Operations, received $1.4M in 2007, which increases by 53% compared to 2006.
Paul S. Davit, Executive Vice President, Human Resources, earned $899K in 2007, a 22% increase compared to previous year.

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Ralph del Campo

Enzon Pharmaceuticals

Chief Operating Officer

Paul Davit

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Executive Vice President, Human Resources and Administration

Jeffrey Buchalter

Enzon Pharmaceuticals

Chief Executive Officer

Craig Tooman

Enzon Pharmaceuticals

Chief Financial Officer

Ivan Horak

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Source: SEC filing on April 16, 2008.