iBio CEO Thomas Isett receives $1.8M in 2020
iBio reports 2020 executive compensation
By ExecPay News
Published: November 3, 2020
iBio reported fiscal year 2020 executive compensation information on November 3, 2020.
In 2020, four iBio executives received on average a compensation package of $858K, a 201% increase compared to previous year.
Thomas F. Isett, Chief Executive Officer, received $1.8M in total. 42% of Isett's compensation, or $751K, was in option awards. Isett also received $530K in bonus, $151K in salary, as well as $352K in other compensation.
Robert B. Kay, Chief Executive Officer, received a compensation package of $909K, which increased by 161% compared to previous year. 64% of the compensation package, or $584K, was in option awards.
James Mullaney, Chief Financial Officer, earned $447K in 2020, a 40% increase compared to previous year.
Robert Erwin, President, received $292K in 2020, which increases by 6% compared to 2019.
iBio's fiscal year ends on June 30.