MediciNova CEO Yuichi Iwaki's 2009 pay slips 10% to $838K
MediciNova reports 2009 executive compensation
By ExecPay News
Published: April 29, 2010
MediciNova reported fiscal year 2009 executive compensation information on April 29, 2010.
In 2009, five MediciNova executives received on average a compensation package of $549K, a 9% decrease compared to previous year.
Average pay of disclosed executives at MediciNova
Yuichi Iwaki, Chief Executive Officer, received $838K in total, which decreased by 10% compared to 2008. 56% of Iwaki's compensation, or $473K, was in salary. Iwaki also received $237K in non-equity incentive plan, $113K in option awards, as well as $15K in other compensation.
Richard Gammans, Former Chief Development Officer, received a compensation package of $656K, which decreased by 7% compared to previous year. 62% of the compensation package, or $410K, was in other compensation.
Shintaro Asako, Chief Financial Officer, earned $428K in 2009, a 10% decrease compared to previous year.
Masatsune Okajima, Vice President and Head of Japanese Office, received $413K in 2009, which decreases by 1% compared to 2008.
Michael Kalafer, Chief Medical Officer, earned $410K in 2009, a 17% decrease compared to previous year.
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Source: SEC filing on April 29, 2010.