Instil Bio CEO Bronson Crouch's 2022 pay falls 86% to $4.9M
Instil Bio reports 2022 executive compensation
By ExecPay News
Published: April 24, 2023
Instil Bio reported fiscal year 2022 executive compensation information on April 24, 2023.
In 2022, five Instil Bio executives received on average a compensation package of $3.1M, a 83% decrease compared to previous year.
Average pay of disclosed executives at Instil Bio
Bronson Crouch, Chief Executive Officer, received $4.9M in total, which decreased by 86% compared to 2021. 86% of Crouch's compensation, or $4.2M, was in option awards. Crouch also received $20K in non-equity incentive plan, $634K in salary, as well as $18K in other compensation.
Timothy Moore, Chief Operating Officer, received a compensation package of $3.4M. 80% of the compensation package, or $2.7M, was in option awards.
Sumita Ray, Chief Legal, Compliance and Administrative Officer, earned $2.8M in 2022.
Vijay Chiruvolu, Former Chief Technical Officer, received $2.6M in 2022, which decreases by 79% compared to 2021.
Sandeep Laumas, Chief Financial Officer, earned $1.8M in 2022.
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Source: SEC filing on April 24, 2023.