iBio CEO Robert Kay's 2009 pay jumps 2,087% to $202K
iBio reports 2009 executive compensation
By ExecPay News
Published: October 28, 2009
iBio reported fiscal year 2009 executive compensation information on October 28, 2009.
In 2009, three iBio executives received on average a compensation package of $138K, a 134% increase compared to previous year.
Average pay of disclosed executives at iBio
Robert B. Kay, Chief Executive Officer, received $202K in total, which increased by 2,087% compared to 2008. 99% of Kay's compensation, or $200K, was in salary. Kay also received $2.4K in option awards.
Robert Erwin, President, received a compensation package of $202K, which increased by 28% compared to previous year. 99% of the compensation package, or $200K, was in salary.
Dina L. Masi, Chief Financial Officer, earned $10K in 2009, which is the same as previous year.
iBio's fiscal year ends on June 30.
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Source: SEC filing on October 28, 2009.