Exact Sciences COO Maneesh Arora's 2018 pay rises 7% to $8M
Exact Sciences reports 2018 executive compensation
By ExecPay News
Published: April 30, 2019
Exact Sciences reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, six executives at Exact Sciences received on average a compensation package of $4.2M, a 39% decrease compared to previous year.
Average pay of disclosed executives at Exact Sciences
Maneesh K. Arora, Chief Operating Officer, received $8M in total, which increased by 7% compared to 2017. 53% of Arora's compensation, or $4.2M, was in stock awards. Arora also received $343K in bonus, $2.9M in option awards, $500K in salary, as well as $28K in other compensation.
For fiscal year 2018, the median employee pay was $98,783 at Exact Sciences. Therefore, the ratio of Maneesh K. Arora's pay to the median employee pay was 81 to one.
Kevin T. Conroy, Chief Executive Officer, received a compensation package of $7M, which decreased by 47% compared to previous year. 52% of the compensation package, or $3.7M, was in stock awards.
Mark Stenhouse, President, Cologuard, earned $3.9M in 2018.
D. Scott Coward, Chief Administrative Officer, received $2.1M in 2018, which decreases by 56% compared to 2017.
Graham P. Lidgard, Chief Scientific Officer, earned $2.1M in 2018, a 56% decrease compared to previous year.
Jeffrey T. Elliott, Chief Financial Officer, received $2M in 2018, which decreases by 48% compared to 2017.
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D Coward
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Graham Lidgard
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Source: SEC filing on April 30, 2019.