Minerva Neurosciences CEO Remy Luthringer's 2020 pay jumps 58% to $1.8M
Minerva Neurosciences reports 2020 executive compensation
By ExecPay News
Published: April 30, 2021
Minerva Neurosciences reported fiscal year 2020 executive compensation information on April 30, 2021.
In 2020, three executives at Minerva Neurosciences received on average a compensation package of $1.5M, a 64% increase compared to previous year.
Remy Luthringer, Chief Executive Officer, received $1.8M in total, which increased by 58% compared to 2019. 54% of Luthringer's compensation, or $996K, was in option awards. Luthringer also received $283K in bonus, $565K in salary, as well as $2.6K in other compensation.
Geoffrey Race, Chief Financial Officer, received a compensation package of $1.4M, which increased by 63% compared to previous year. 53% of the compensation package, or $741K, was in option awards.
Jay Saoud, Senior Vice President, Head of Research and Development, earned $1.2M in 2020, a 59% increase compared to previous year.