Petros Pharmaceuticals President and Chief Commercial Officer Fady Boctor's 2021 pay jumps 152% to $1.2M
Petros Pharmaceuticals reports 2021 executive compensation
By ExecPay News
Published: October 12, 2022
Petros Pharmaceuticals reported fiscal year 2021 executive compensation information on October 12, 2022.
In 2021, three executives at Petros Pharmaceuticals received on average a compensation package of $740K, a 90% increase compared to previous year.
Average pay of disclosed executives at Petros Pharmaceuticals
Fady Boctor, President and Chief Commercial Officer, received $1.2M in total, which increased by 152% compared to 2020. 56% of Boctor's compensation, or $658K, was in option awards. Boctor also received $125K in bonus, $350K in salary, as well as $44K in other compensation.
Andrew Gesek, Former President, Timm Medical, received a compensation package of $545K, which increased by 34% compared to previous year. 55% of the compensation package, or $300K, was in salary.
Mitchell Arnold, Chief Accounting Officer, earned $498K in 2021, a 40% increase compared to previous year.
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Source: SEC filing on October 12, 2022.