Fortress Biotech CFO David Jin's 2023 pay jumps 267% to $1.3M
Fortress Biotech reports 2023 executive compensation
By ExecPay News
Published: April 5, 2024
Fortress Biotech reported fiscal year 2023 executive compensation information on April 5, 2024.
In 2023, three executives at Fortress Biotech received on average a compensation package of $1.1M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Fortress Biotech
David Jin, Chief Financial Officer, received $1.3M in total, which decreased by 15% compared to 2022. 44% of Jin's compensation, or $583K, was in option awards. Jin also received $400K in salary, $330K in stock awards, as well as $7.3K in other compensation.
Lindsay A. Rosenwald, Chief Executive Officer, received a compensation package of $1.1M, which decreased by 11% compared to previous year. 72% of the compensation package, or $806K, was in stock awards.
Michael S. Weiss, Chairman, earned $963K in 2023, a 19% decrease compared to previous year.
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Source: SEC filing on April 5, 2024.