Lannett Company CEO Timothy Crew's 2019 pay jumps 61% to $2.1M
Lannett Company reports 2019 executive compensation
By ExecPay News
Published: December 6, 2019
Lannett Company reported fiscal year 2019 executive compensation information on December 6, 2019.
In 2019, six executives at Lannett Company received on average a compensation package of $1.1M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Lannett Company
Timothy C. Crew, Chief Executive Officer, received $2.1M in total, which increased by 61% compared to 2018. 34% of Crew's compensation, or $735K, was in non-equity incentive plan. Crew also received $141K in option awards, $735K in salary, $483K in stock awards, as well as $41K in other compensation.
Martin P. Galvan, Chief Financial Officer, received a compensation package of $1.2M, which increased by 55% compared to previous year. 35% of the compensation package, or $415K, was in salary.
Samuel H. Israel, Chief Legal Officer, earned $1.1M in 2019, a 2% decrease compared to previous year.
John Kozlowski, Chief of Staff and Strategy Officer, received $851K in 2019, which increases by 43% compared to 2018.
John Abt, Vice President and Chief Quality Operations Officer, earned $762K in 2019, a 35% increase compared to previous year.
Maureen Cavanaugh, Senior VP and Chief Commercial Operations Officer, received $712K in 2019, which increases by 49% compared to 2018.
Lannett Company's fiscal year ends on June 30.
Related executives
Timothy Crew
Lannett Company
Chief Executive Officer
Martin Galvan
Lannett Company
Chief Financial Officer
Samuel Israel
Lannett Company
Chief Legal Officer
John Kozlowski
Lannett Company
Chief Financial Officer
John Abt
Lannett Company
Vice President, Chief Quality, IT and Operations Officer
Maureen Cavanaugh
Lannett Company
Senior VP and Chief Commercial Operations Officer
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Source: SEC filing on December 6, 2019.