NovaBay Pharmaceuticals CEO Ramin Najafi's 2009 pay jumps 39% to $655K
NovaBay Pharmaceuticals reports 2009 executive compensation
By ExecPay News
Published: April 22, 2010
NovaBay Pharmaceuticals reported fiscal year 2009 executive compensation information on April 22, 2010.
In 2009, three executives at NovaBay Pharmaceuticals received on average a compensation package of $490K, a 6% increase compared to previous year.
Average pay of disclosed executives at NovaBay Pharmaceuticals
Ramin Najafi, Chief Executive Officer, received $655K in total, which increased by 39% compared to 2008. 54% of Najafi's compensation, or $356K, was in salary. Najafi also received $134K in bonus, $152K in option awards, as well as $13K in other compensation.
Thomas J. Paulson, Chief Financial Officer, received a compensation package of $424K, which decreased by 48% compared to previous year. 59% of the compensation package, or $250K, was in salary.
Behzad Khosrovi, M.A., Chief Alliance Officer and SVP for Product Development, earned $391K in 2009, a 31% increase compared to previous year.
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Source: SEC filing on April 22, 2010.