Morphic Holding CEO Praveen Tipirneni's 2023 pay slips 15% to $8.9M
Morphic Holding reports 2023 executive compensation
By ExecPay News
Published: April 25, 2024
Morphic Holding reported fiscal year 2023 executive compensation information on April 25, 2024.
In 2023, four executives at Morphic Holding received on average a compensation package of $5.6M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Morphic Holding
Praveen P. Tipirneni, Chief Executive Officer, received $8.9M in total, which decreased by 15% compared to 2022. 46% of Tipirneni's compensation, or $4.1M, was in option awards. Tipirneni also received $413K in non-equity incentive plan, $614K in salary, $3.7M in stock awards, as well as $17K in other compensation.
Bruce N. Rogers, President, Interim Principal Executive Officer, received a compensation package of $4.9M, which decreased by 7% compared to previous year. 43% of the compensation package, or $2.1M, was in option awards.
Marc Schegerin, Chief Financial Officer, earned $4.6M in 2023, a 7% increase compared to previous year.
Robert E. Farrell, Jr., Chief Accounting Officer, received $4M in 2023.
Related executives
You may also like
Source: SEC filing on April 25, 2024.