Ophthotech CEO Glenn Sblendorio's 2019 pay jumps 74% to $2.5M
Ophthotech reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Ophthotech reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, four Ophthotech executives received on average a compensation package of $1.8M, a 107% increase compared to previous year.
Glenn P. Sblendorio, Chief Executive Officer, received $2.5M in total, which increased by 74% compared to 2018. 33% of Sblendorio's compensation, or $804K, was in option awards. Sblendorio also received $467K in non-equity incentive plan, $599K in salary, $496K in stock awards, as well as $97K in other compensation.
For fiscal year 2019, the median employee pay was $373,573 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 $1.8M, which increased by 79% compared to previous year. 33% of the compensation package, or $603K, was in option awards.
David F. Carroll, Chief Financial Officer, earned $1.4M in 2019, a 101% increase compared to previous year.
Keith Westby, Chief Operating Officer, received $1.4M in 2019, which increases by 113% compared to 2018.