MediciNova CEO Yuichi Iwaki's 2007 pay falls 81% to $597K
MediciNova reports 2007 executive compensation
By ExecPay News
Published: April 29, 2008
MediciNova reported fiscal year 2007 executive compensation information on April 29, 2008.
In 2007, five MediciNova executives received on average a compensation package of $397K, a 77% decrease compared to previous year.
Average pay of disclosed executives at MediciNova
Yuichi Iwaki, Chief Executive Officer, received $597K in total, which decreased by 81% compared to 2006. 76% of Iwaki's compensation, or $452K, was in salary. Iwaki also received $90K in bonus and $54K in other compensation.
Richard Gammans, Former Chief Development Officer, received a compensation package of $463K, which decreased by 75% compared to previous year. 64% of the compensation package, or $297K, was in salary.
Kenneth Locke, Chief Scientific Officer, earned $333K in 2007, a 78% decrease compared to previous year.
Shintaro Asako, Chief Financial Officer, received $303K in 2007, which decreases by 75% compared to 2006.
Masatsune Okajima, Vice President and Head of Japanese Office, earned $288K in 2007, a 76% decrease compared to previous year.
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Source: SEC filing on April 29, 2008.