Passage BIO CEO William Chou's 2023 pay rises 12% to $1.4M
Passage BIO reports 2023 executive compensation
By ExecPay News
Published: April 9, 2024
Passage BIO reported fiscal year 2023 executive compensation information on April 9, 2024.
In 2023, five executives at Passage BIO received on average a compensation package of $1.2M, a 32% decrease compared to previous year.
Average pay of disclosed executives at Passage BIO
William Chou, Chief Executive Officer, received $1.4M in total, which increased by 12% compared to 2022. 41% of Chou's compensation, or $599K, was in salary. Chou also received $330K in non-equity incentive plan, $503K in option awards, as well as $17K in other compensation.
Alex Fotopoulos, Former Chief Technical Officer, received a compensation package of $1.3M, which decreased by 20% compared to previous year. 65% of the compensation package, or $840K, was in other compensation.
Simona King, Chief Financial Officer, earned $1.1M in 2023, a 30% decrease compared to previous year.
Mark Forman, Chief Medical Officer, received $1M in 2023.
Edgar B. Chip Cale, General Counsel, earned $950K in 2023, a 33% decrease compared to previous year.
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Source: SEC filing on April 9, 2024.