Inovio Pharmaceuticals Chairman Avtar Dhillon's 2009 pay jumps 115% to $1.1M
Inovio Pharmaceuticals reports 2009 executive compensation
By ExecPay News
Published: April 12, 2010
Inovio Pharmaceuticals reported fiscal year 2009 executive compensation information on April 12, 2010.
In 2009, five executives at Inovio Pharmaceuticals received on average a compensation package of $566K, a 74% increase compared to previous year.
Average pay of disclosed executives at Inovio Pharmaceuticals
Avtar Dhillon, Chairman, received $1.1M in total, which increased by 115% compared to 2008. 46% of Dhillon's compensation, or $512K, was in salary. Dhillon also received $444K in bonus, $161K in option awards, as well as $3.8K in other compensation.
J. Joseph Kim, Chief Executive Officer, received a compensation package of $672K. 54% of the compensation package, or $361K, was in option awards.
Peter D. Kies, Chief Financial Officer, earned $588K in 2009, a 109% increase compared to previous year.
Niranjan Y. Sardesai, Senior Vice President, Research and Development, received $235K in 2009.
Kevin W. Rassas, Senior Vice President, Business Development, earned $212K in 2009.
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Source: SEC filing on April 12, 2010.