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.

Related executives

Kenneth Locke

MediciNova

Chief Scientific Officer

Yuichi Iwaki

MediciNova

Chief Executive Officer

Shintaro Asako

MediciNova

Chief Financial Officer

Masatsune Okajima

MediciNova

Vice President and Head of Japanese Office

Richard Gammans

MediciNova

Former Chief Development Officer

You may also like

Source: SEC filing on April 29, 2008.