OraSure Technologies CEO Douglas Michels' 2009 pay slips 18% to $1M
OraSure Technologies reports 2009 executive compensation
By ExecPay News
Published: April 1, 2010
OraSure Technologies reported fiscal year 2009 executive compensation information on April 1, 2010.
In 2009, five executives at OraSure Technologies received on average a compensation package of $683K, a 13% decrease compared to previous year.
Average pay of disclosed executives at OraSure Technologies
Douglas A. Michels, Chief Executive Officer, received $1M in total, which decreased by 18% compared to 2008. 46% of Michels' compensation, or $476K, was in salary. Michels also received $304K in non-equity incentive plan, $106K in option awards, $150K in stock awards, as well as $4K in other compensation.
Ronald H. Spair, Chief Financial Officer, received a compensation package of $795K, which decreased by 22% compared to previous year. 48% of the compensation package, or $381K, was in salary.
Stephen R. Lee, Executive Vice President, Research and Development, earned $602K in 2009, a 9% decrease compared to previous year.
P. Michael Formica, Executive Vice President and General Manager,, received $540K in 2009, which decreases by 28% compared to 2008.
Jack E. Jerrett, General Counsel, earned $439K in 2009, a 1% decrease compared to previous year.
Related executives
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, 2010.