OraSure Technologies CEO Douglas Michels' 2008 pay slips 4% to $1.3M
OraSure Technologies reports 2008 executive compensation
By ExecPay News
Published: April 1, 2009
OraSure Technologies reported fiscal year 2008 executive compensation information on April 1, 2009.
In 2008, six executives at OraSure Technologies received on average a compensation package of $785K, a 7% decrease compared to previous year.
Average pay of disclosed executives at OraSure Technologies
Douglas A. Michels, Chief Executive Officer, received $1.3M in total, which decreased by 4% compared to 2007. 42% of Michels' compensation, or $529K, was in stock awards. Michels also received $88K in non-equity incentive plan, $177K in option awards, $475K in salary, as well as $4K in other compensation.
Ronald H. Spair, Chief Financial Officer, received a compensation package of $1M, which decreased by 15% compared to previous year. 42% of the compensation package, or $427K, was in stock awards.
P. Michael Formica, Executive Vice President and General Manager,, earned $749K in 2008, a 21% increase compared to previous year.
Stephen R. Lee, Executive Vice President, Research and Development, received $664K in 2008, which decreases by 14% compared to 2007.
Joseph E. Zack, Executive Vice President, Marketing and Sales, earned $568K in 2008, a 18% decrease compared to previous year.
Jack E. Jerrett, General Counsel, received $443K in 2008, which decreases by 10% compared to 2007.
Related executives
Joseph Zack
OraSure Technologies
Executive Vice President, Marketing and Sales
P Formica
OraSure Technologies
Executive Vice President and General Manager,
Douglas Michels
OraSure Technologies
Chief Executive Officer
Ronald Spair
OraSure Technologies
Chief Financial Officer
Stephen Lee
OraSure Technologies
Former Executive Vice President, Research and Development
Jack Jerrett
OraSure Technologies
General Counsel
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Source: SEC filing on April 1, 2009.