Korro Bio CEO David Lucchino's 2019 pay jumps 890% to $7.4M
Korro Bio reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
Korro Bio reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, three Korro Bio executives received on average a compensation package of $4.2M, a 593% increase compared to previous year.
Average pay of disclosed executives at Korro Bio
David L. Lucchino, Chief Executive Officer, received $7.4M in total, which increased by 890% compared to 2018. 88% of Lucchino's compensation, or $6.5M, was in option awards. Lucchino also received $398K in non-equity incentive plan, $442K in salary, as well as $11K in other compensation.
Christopher Loose, Chief Scientific Officer, received a compensation package of $2.9M, which increased by 401% compared to previous year. 79% of the compensation package, or $2.3M, was in option awards.
Carl LeBel, Chief Development Officer, earned $2.2M in 2019, a 364% increase compared to previous year.
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Source: SEC filing on April 29, 2020.