Ironwood Pharmaceuticals CEO Mark Mallon's 2020 pay falls 32% to $6.8M
Ironwood Pharmaceuticals reports 2020 executive compensation
By ExecPay News
Published: April 22, 2021
Ironwood Pharmaceuticals reported fiscal year 2020 executive compensation information on April 22, 2021.
In 2020, five executives at Ironwood Pharmaceuticals received on average a compensation package of $3.4M, a 38% decrease compared to previous year.
Mark Mallon, Chief Executive Officer, received $6.8M in total, which decreased by 32% compared to 2019. 80% of Mallon's compensation, or $5.4M, was in stock awards. Mallon also received $585K in non-equity incentive plan, $801K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $222,011 at Ironwood Pharmaceuticals. Therefore, the ratio of Mark Mallon's pay to the median employee pay was 31 to one.
Thomas A. McCourt, Chief Executive Officer, received a compensation package of $3.4M, which decreased by 33% compared to previous year. 72% of the compensation package, or $2.5M, was in stock awards.
Gina Consylman, Chief Financial Officer, earned $2.5M in 2020, a 29% decrease compared to previous year.
Jason Rickard, Chief Operating Officer, received $2.2M in 2020.
Michael Shetzline, Chief Medical Officer, earned $1.9M in 2020.
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