Morphic Holding CEO Praveen Tipirneni's 2022 pay jumps 93% to $11M
Morphic Holding reports 2022 executive compensation
By ExecPay News
Published: April 21, 2023
Morphic Holding reported fiscal year 2022 executive compensation information on April 21, 2023.
In 2022, three executives at Morphic Holding received on average a compensation package of $6.7M, a 125% increase compared to previous year.
Average pay of disclosed executives at Morphic Holding
Praveen P. Tipirneni, Chief Executive Officer, received $11M in total, which increased by 93% compared to 2021. 69% of Tipirneni's compensation, or $7.3M, was in option awards. Tipirneni also received $381K in non-equity incentive plan, $602K in salary, $2.2M in stock awards, as well as $9.2K in other compensation.
Bruce N. Rogers, President, received a compensation package of $5.3M, which increased by 112% compared to previous year. 68% of the compensation package, or $3.6M, was in option awards.
Marc Schegerin, Chief Financial Officer, earned $4.3M in 2022, a 74% increase compared to previous year.
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Source: SEC filing on April 21, 2023.