Pressure BioSciences CEO Richard Schumacher's 2018 pay falls 21% to $357K
Pressure BioSciences reports 2018 executive compensation
By ExecPay News
Published: November 6, 2019
Pressure BioSciences reported fiscal year 2018 executive compensation information on November 6, 2019.
In 2018, three executives at Pressure BioSciences received on average a compensation package of $254K, a 16% decrease compared to previous year.
Richard T. Schumacher, Chief Executive Officer, received $357K in total, which decreased by 21% compared to 2017. 87% of Schumacher's compensation, or $311K, was in salary. Schumacher also received $35K in option awards and $11K in other compensation.
Edmund Ting, Senior Vice President of Engineering, received a compensation package of $216K, which decreased by 10% compared to previous year. 96% of the compensation package, or $208K, was in salary.
Alexander Lazarev, Vice President of Research and Development, earned $189K in 2018, a 10% decrease compared to previous year.