SPRUCE BIOSCIENCES CEO Richard King's 2021 pay jumps 107% to $5.1M
SPRUCE BIOSCIENCES reports 2021 executive compensation
By ExecPay News
Published: April 7, 2022
SPRUCE BIOSCIENCES reported fiscal year 2021 executive compensation information on April 7, 2022.
In 2021, four executives at SPRUCE BIOSCIENCES received on average a compensation package of $2.3M, a 68% increase compared to previous year.
Average pay of disclosed executives at SPRUCE BIOSCIENCES
Richard King, Chief Executive Officer, received $5.1M in total, which increased by 107% compared to 2020. 80% of King's compensation, or $4.1M, was in option awards. King also received $438K in salary and $560K in other compensation.
Samir Gharib, Chief Financial Officer, received a compensation package of $2.4M, which increased by 200% compared to previous year. 49% of the compensation package, or $1.2M, was in option awards.
Rosh Dias, M.D., M.R.C.P, Chief Medical Officer, earned $1.1M in 2021, a 34% decrease compared to previous year.
Michael Grey, Chief Executive Officer, received $732K in 2021, which increases by 18% compared to 2020.
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Source: SEC filing on April 7, 2022.