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.
Average pay of disclosed executives at Pressure BioSciences
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.

Related executives

Richard Schumacher

Pressure BioSciences

Chief Executive Officer

Edmund Ting

Pressure BioSciences

Senior Vice President of Engineering

Alexander Lazarev

Pressure BioSciences

Vice President of Research and Development

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Source: SEC filing on November 6, 2019.