Palatin Technologies CEO Carl Spana's 2008 pay rises 10% to $743K
Palatin Technologies reports 2008 executive compensation
By ExecPay News
Published: March 30, 2009
Palatin Technologies reported fiscal year 2008 executive compensation information on March 30, 2009.
In 2008, three executives at Palatin Technologies received on average a compensation package of $651K, a 11% increase compared to previous year.
Average pay of disclosed executives at Palatin Technologies
Carl Spana, Chief Executive Officer, received $743K in total, which increased by 10% compared to 2007. 52% of Spana's compensation, or $390K, was in salary. Spana also received $66K in option awards, $282K in stock awards, as well as $5.7K in other compensation.
Stephen T. Wills, Chief Financial Officer, received a compensation package of $606K, which increased by 12% compared to previous year. 53% of the compensation package, or $321K, was in salary.
Trevor Hallam, executive vice president of research and development, earned $606K in 2008, a 12% increase compared to previous year.
Palatin Technologies' fiscal year ends on June 30.
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Source: SEC filing on March 30, 2009.