Ophthotech CEO Glenn Sblendorio's 2018 pay falls 55% to $1.4M
Ophthotech reports 2018 executive compensation
By ExecPay News
Published: April 17, 2019
Ophthotech reported fiscal year 2018 executive compensation information on April 17, 2019.
In 2018, five Ophthotech executives received on average a compensation package of $862K, a 48% decrease compared to previous year.
Average pay of disclosed executives at Ophthotech
Glenn P. Sblendorio, Chief Executive Officer, received $1.4M in total, which decreased by 55% compared to 2017. 44% of Sblendorio's compensation, or $625K, was in salary. Sblendorio also received $366K in non-equity incentive plan, $191K in option awards, $133K in stock awards, as well as $97K in other compensation.
For fiscal year 2018, the median employee pay was $213,461 at Ophthotech. Therefore, the ratio of Glenn P. Sblendorio's pay to the median employee pay was 7 to one.
David R. Guyer, Chairman, received a compensation package of $1M, which decreased by 67% compared to previous year. 52% of the compensation package, or $525K, was in salary.
David F. Carroll, Chief Financial Officer, earned $714K in 2018, a 44% decrease compared to previous year.
Keith Westby, Chief Operating Officer, received $674K in 2018, which decreases by 38% compared to 2017.
Barbara A. Wood, General Counsel, earned $499K in 2018, a 47% decrease compared to previous year.
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Source: SEC filing on April 17, 2019.