Horizon Pharma CEO Timothy Walbert's 2020 pay jumps 56% to $22M
Horizon Pharma reports 2020 executive compensation
By ExecPay News
Published: March 17, 2022
Horizon Pharma reported fiscal year 2020 executive compensation information on March 17, 2022.
In 2020, six executives at Horizon Pharma received on average a compensation package of $7.9M, a 56% increase compared to previous year.
Timothy P. Walbert, Chief Executive Officer, received $22M in total, which increased by 56% compared to 2019. 75% of Walbert's compensation, or $16M, was in stock awards. Walbert also received $4.1M in non-equity incentive plan, $1.1M in salary, as well as $200K in other compensation.
For fiscal year 2020, the median employee pay was $298,446 at Horizon Pharma. Therefore, the ratio of Timothy P. Walbert's pay to the median employee pay was 72 to one.
Paul W. Hoelscher, Chief Financial Officer, received a compensation package of $5.9M, which increased by 33% compared to previous year. 68% of the compensation package, or $4M, was in stock awards.
Andy Pasternak, Executive Vice President, Chief Strategy Officer, earned $5.8M in 2020, a 99% increase compared to previous year.
Jeffrey W. Sherman, M.D., FACP, Chief Medical Officer, received $5.3M in 2020, which increases by 47% compared to 2019.
Barry J. Moze, Chief Administrative Officer, earned $5.1M in 2020, a 9% increase compared to previous year.
Brian K. Beeler, General Counsel, received $3.8M in 2020, which increases by 17% compared to 2019.
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