Sage Therapeutics CEO Jeffrey Jonas' 2019 pay rises 1% to $9.9M
Sage Therapeutics reports 2019 executive compensation
By ExecPay News
Published: April 29, 2021
Sage Therapeutics reported fiscal year 2019 executive compensation information on April 29, 2021.
In 2019, six executives at Sage Therapeutics received on average a compensation package of $5.1M, a 9% increase compared to previous year.
Jeffrey M. Jonas, Chief Executive Officer, received $9.9M in total, which increased by 1% compared to 2018. 50% of Jonas' compensation, or $5M, was in option awards. Jonas also received $286K in non-equity incentive plan, $681K in salary, $3.9M in stock awards, as well as $17K in other compensation.
For fiscal year 2019, the median employee pay was $369,650 at Sage Therapeutics. Therefore, the ratio of Jeffrey M. Jonas' pay to the median employee pay was 27 to one.
Michael Cloonan, Chief Business Officer, received a compensation package of $5M, which increased by 19% compared to previous year. 49% of the compensation package, or $2.4M, was in option awards.
Stephen J. Kanes, Chief Medical Officer, earned $4M in 2019, a 22% increase compared to previous year.
Anne Marie Cook, General Counsel, received $4M in 2019, which increases by 8% compared to 2018.
Albert J. Robichaud, Chief Scientific Officer, earned $4M in 2019, a 8% increase compared to previous year.
Kimi Iguchi, Chief Financial Officer, received $3.9M in 2019, which increases by 8% compared to 2018.
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