Intercept Pharmaceuticals CEO Mark Pruzanski's 2019 pay jumps 46% to $6.6M
Intercept Pharmaceuticals reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
Intercept Pharmaceuticals reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, five executives at Intercept Pharmaceuticals received on average a compensation package of $3.7M, a 25% increase compared to previous year.
Mark Pruzanski, Chief Executive Officer, received $6.6M in total, which increased by 46% compared to 2018. 63% of Pruzanski's compensation, or $4.2M, was in stock awards. Pruzanski also received $560K in non-equity incentive plan, $1.1M in option awards, $734K in salary, as well as $7.4K in other compensation.
For fiscal year 2019, the median employee pay was $239,066 at Intercept Pharmaceuticals. Therefore, the ratio of Mark Pruzanski's pay to the median employee pay was 28 to one.
Jerome Durso, Chief Operating Officer, received a compensation package of $4.3M, which increased by 34% compared to previous year. 49% of the compensation package, or $2.1M, was in stock awards.
Ryan Sullivan, General Counsel, earned $3.1M in 2019, a 4% decrease compared to previous year.
Richard Kim, President, U.S. Commercial Strategic Marketing, received $2.4M in 2019.
Sandip Kapadia, Chief Financial Officer, earned $2.3M in 2019, a 24% increase compared to previous year.
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