Inovio Pharmaceuticals CEO Avtar Dhillon's 2008 pay falls 45% to $521K
Inovio Pharmaceuticals reports 2008 executive compensation
By ExecPay News
Published: July 10, 2009
Inovio Pharmaceuticals reported fiscal year 2008 executive compensation information on July 10, 2009.
In 2008, five executives at Inovio Pharmaceuticals received on average a compensation package of $326K, a 22% decrease compared to previous year.
Avtar Dhillon, Chief Executive Officer, received $521K in total, which decreased by 45% compared to 2007. 71% of Dhillon's compensation, or $369K, was in salary. Dhillon also received $67K in option awards, $65K in stock awards, as well as $19K in other compensation.
Iacob Mathiesen, Managing Director, Inovio AS, received a compensation package of $304K, which decreased by 26% compared to previous year. 62% of the compensation package, or $189K, was in salary.
Peter D. Kies, Chief Financial Officer, earned $282K in 2008, a 22% decrease compared to previous year.
Punit Dhillon, Vice President, Operations, received $261K in 2008, which increases by 2% compared to 2007.
Michael Fons, Vice President, Corporate Development, earned $260K in 2008, a 10% decrease compared to previous year.
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Michael Fons
Inovio Pharmaceuticals
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Punit Dhillon
Inovio Pharmaceuticals
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Iacob Mathiesen
Inovio Pharmaceuticals
Managing Director, Inovio AS
Avtar Dhillon
Inovio Pharmaceuticals
Chairman
Peter Kies
Inovio Pharmaceuticals