Intercept Pharmaceuticals CEO Mark Pruzanski's 2018 pay falls 26% to $4.5M
Intercept Pharmaceuticals reports 2018 executive compensation
By ExecPay News
Published: April 30, 2019
Intercept Pharmaceuticals reported fiscal year 2018 executive compensation information on April 30, 2019.
In 2018, five executives at Intercept Pharmaceuticals received on average a compensation package of $3M, a 7% decrease compared to previous year.
Mark Pruzanski, Chief Executive Officer, received $4.5M in total, which decreased by 26% compared to 2017. 38% of Pruzanski's compensation, or $1.7M, was in option awards. Pruzanski also received $442K in non-equity incentive plan, $702K in salary, $1.7M in stock awards, as well as $8.6K in other compensation.
For fiscal year 2018, the median employee pay was $244,883 at Intercept Pharmaceuticals. Therefore, the ratio of Mark Pruzanski's pay to the median employee pay was 18 to one.
Ryan Sullivan, General Counsel, received a compensation package of $3.2M. 39% of the compensation package, or $1.2M, was in stock awards.
Jerome Durso, Chief Operating Officer, earned $3.2M in 2018, a 18% decrease compared to previous year.
Gail Cawkwell, SVP, Medical Affairs, Safety & Pharmacovigilance, received $2.2M in 2018.
Sandip Kapadia, Chief Financial Officer, earned $1.9M in 2018, a 12% decrease compared to previous year.
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