Neogen CEO John Adent's 2022 pay jumps 72% to $4.3M
Neogen reports 2022 executive compensation
By ExecPay News
Published: August 30, 2022
Neogen reported fiscal year 2022 executive compensation information on August 30, 2022.
In 2022, five Neogen executives received on average a compensation package of $1.8M, a 71% increase compared to previous year.
Average pay of disclosed executives at Neogen
John E. Adent, Chief Executive Officer, received $4.3M in total, which increased by 72% compared to 2021. 46% of Adent's compensation, or $2M, was in option awards. Adent also received $900K in bonus, $478K in salary, $926K in stock awards, as well as $12K in other compensation.
For fiscal year 2022, the median employee pay was $40,794 at Neogen. Therefore, the ratio of John E. Adent's pay to the median employee pay was 106 to one.
Steven J. Quinlan, Chief Financial Officer, received a compensation package of $1.5M, which increased by 73% compared to previous year. 35% of the compensation package, or $527K, was in option awards.
Douglas E. Jones, Chief Operating Officer, earned $1.4M in 2022, a 109% increase compared to previous year.
Jason W. Lilly, Vice President, International Business, received $1.2M in 2022, which increases by 62% compared to 2021.
Jerome L. Hagedorn, Vice President, North American Operations, earned $799K in 2022, a 37% increase compared to previous year.
Neogen's fiscal year ends on May 31.
Related executives
You may also like
Source: SEC filing on August 30, 2022.