Pressure BioSciences CEO Richard Schumacher's 2021 pay jumps 24% to $413K
Pressure BioSciences reports 2021 executive compensation
By ExecPay News
Published: December 6, 2022
Pressure BioSciences reported fiscal year 2021 executive compensation information on December 6, 2022.
In 2021, three executives at Pressure BioSciences received on average a compensation package of $313K, a 23% increase compared to previous year.
Average pay of disclosed executives at Pressure BioSciences
Richard T. Schumacher, Chief Executive Officer, received $413K in total, which increased by 24% compared to 2020. 75% of Schumacher's compensation, or $309K, was in salary. Schumacher also received $58K in stock awards and $46K in other compensation.
Alexander Lazarev, Vice President of Research and Development, received a compensation package of $268K, which increased by 25% compared to previous year. 74% of the compensation package, or $200K, was in salary.
Edmund Ting, Senior Vice President of Engineering, earned $257K in 2021, a 17% increase compared to previous year.
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Source: SEC filing on December 6, 2022.