Morphic Holding CEO Praveen Tipirneni's 2021 pay jumps 43% to $5.5M
Morphic Holding reports 2021 executive compensation
By ExecPay News
Published: April 29, 2022
Morphic Holding reported fiscal year 2021 executive compensation information on April 29, 2022.
In 2021, five executives at Morphic Holding received on average a compensation package of $3M, a 19% increase compared to previous year.
Praveen P. Tipirneni, Chief Executive Officer, received $5.5M in total, which increased by 43% compared to 2020. 82% of Tipirneni's compensation, or $4.5M, was in option awards. Tipirneni also received $382K in non-equity incentive plan, $579K in salary, as well as $8.7K in other compensation.
Marc Schegerin, Chief Financial Officer, received a compensation package of $2.5M, which decreased by 14% compared to previous year. 73% of the compensation package, or $1.8M, was in option awards.
Bruce N. Rogers, Chief Scientific Officer, earned $2.5M in 2021, a 46% increase compared to previous year.
Peter G. Linde, Chief Medical Officer, received $2.3M in 2021, which decreases by 19% compared to 2020.
William D. DeVaul, General Counsel, earned $2.2M in 2021, a 67% increase compared to previous year.