Mirati Therapeutics CEO Charles Baum's 2019 pay jumps 74% to $8.5M
Mirati Therapeutics reports 2019 executive compensation
By ExecPay News
Published: April 17, 2020
Mirati Therapeutics reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, five executives at Mirati Therapeutics received on average a compensation package of $4.3M, a 61% increase compared to previous year.
Charles M. Baum, Chief Executive Officer, received $8.5M in total, which increased by 74% compared to 2018. 88% of Baum's compensation, or $7.5M, was in option awards. Baum also received $411K in non-equity incentive plan, $597K in salary, as well as $2.5K in other compensation.
For fiscal year 2019, the median employee pay was $588,168 at Mirati Therapeutics. Therefore, the ratio of Charles M. Baum's pay to the median employee pay was 14 to one.
James Christensen, Chief Scientific Officer, received a compensation package of $3.3M, which increased by 3% compared to previous year. 80% of the compensation package, or $2.6M, was in option awards.
Isan Chen, Executive Vice President and Chief Medical and Development Officer, earned $3.3M in 2019, a 92% increase compared to previous year.
Jamie A. Donadio, Chief Financial Officer, received $3.2M in 2019, which increases by 97% compared to 2018.
Chris LeMasters, Former Executive Vice President and Chief Business Officer, earned $3.2M in 2019, a 65% increase compared to previous year.
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