Pacific Biosciences of California CEO Michael Hunkapiller's 2019 pay slips 14% to $1.4M
Pacific Biosciences of California reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Pacific Biosciences of California reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, three executives at Pacific Biosciences of California received on average a compensation package of $927K, which is about the same as previous year.
Average pay of disclosed executives at Pacific Biosciences of California
Michael Hunkapiller, Chief Executive Officer, received $1.4M in total, which decreased by 14% compared to 2018. 42% of Hunkapiller's compensation, or $583K, was in salary. Hunkapiller also received $524K in non-equity incentive plan and $276K in stock awards.
For fiscal year 2019, the median employee pay was $179,122 at Pacific Biosciences of California. Therefore, the ratio of Michael Hunkapiller's pay to the median employee pay was 8 to one.
Susan Barnes, Chief Financial Officer, received a compensation package of $787K, which decreased by 30% compared to previous year. 51% of the compensation package, or $402K, was in salary.
Michael Phillips, Former Senior Vice President of Research and Development, earned $611K in 2019, a 1% decrease compared to previous year.
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Source: SEC filing on April 28, 2020.