SPRUCE BIOSCIENCES CEO Richard King's 2020 pay jumps 349% to $2.5M
SPRUCE BIOSCIENCES reports 2020 executive compensation
By ExecPay News
Published: April 2, 2021
SPRUCE BIOSCIENCES reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, four executives at SPRUCE BIOSCIENCES received on average a compensation package of $1.4M, a 153% increase compared to previous year.
Richard King, Chief Executive Officer, received $2.5M in total, which increased by 349% compared to 2019. 66% of King's compensation, or $1.6M, was in option awards. King also received $430K in non-equity incentive plan and $410K in salary.
Rosh Dias, M.D., M.R.C.P, Chief Medical Officer, received a compensation package of $1.7M. 82% of the compensation package, or $1.4M, was in option awards.
Samir Gharib, Chief Financial Officer, earned $793K in 2020.
Michael Grey, Chief Executive Officer, received $623K in 2020.