MediciNova CEO Yuichi Iwaki's 2008 pay jumps 55% to $927K
MediciNova reports 2008 executive compensation
By ExecPay News
Published: April 29, 2009
MediciNova reported fiscal year 2008 executive compensation information on April 29, 2009.
In 2008, five MediciNova executives received on average a compensation package of $604K, a 52% increase compared to previous year.
Average pay of disclosed executives at MediciNova
Yuichi Iwaki, Chief Executive Officer, received $927K in total, which increased by 55% compared to 2007. 50% of Iwaki's compensation, or $464K, was in salary. Iwaki also received $139K in non-equity incentive plan, $309K in option awards, as well as $14K in other compensation.
Richard Gammans, Former Chief Development Officer, received a compensation package of $705K, which increased by 52% compared to previous year. 54% of the compensation package, or $382K, was in salary.
Michael Kalafer, Chief Medical Officer, earned $494K in 2008.
Shintaro Asako, Chief Financial Officer, received $476K in 2008, which increases by 57% compared to 2007.
Masatsune Okajima, Vice President and Head of Japanese Office, earned $418K in 2008, a 45% increase compared to previous year.
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Source: SEC filing on April 29, 2009.