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.
Average pay of disclosed executives at Inovio Pharmaceuticals
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.

Related executives

Michael Fons

Inovio Pharmaceuticals

Vice President, Corporate Development

Punit Dhillon

Inovio Pharmaceuticals

Vice President, Operations

Iacob Mathiesen

Inovio Pharmaceuticals

Managing Director, Inovio AS

Avtar Dhillon

Inovio Pharmaceuticals

Chairman

Peter Kies

Inovio Pharmaceuticals

Chief Financial Officer

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Source: SEC filing on July 10, 2009.