SPRUCE BIOSCIENCES CEO Javier Szwarcberg receives $4.5M in 2022
SPRUCE BIOSCIENCES reports 2022 executive compensation
By ExecPay News
Published: April 5, 2023
SPRUCE BIOSCIENCES reported fiscal year 2022 executive compensation information on April 5, 2023.
In 2022, four executives at SPRUCE BIOSCIENCES received on average a compensation package of $1.6M, a 30% decrease compared to previous year.
Average pay of disclosed executives at SPRUCE BIOSCIENCES
Javier Szwarcberg, Chief Executive Officer, received $4.5M in total. 73% of Szwarcberg's compensation, or $3.3M, was in option awards. Szwarcberg also received $154K in non-equity incentive plan, $540K in salary, as well as $519K in stock awards.
Samir Gharib, Chief Financial Officer, received a compensation package of $970K, which decreased by 59% compared to previous year. 44% of the compensation package, or $426K, was in salary.
Ralph William Charlton III, M.D., M.A.S, Chief Medical Officer, earned $957K in 2022.
Michael Grey, Chief Executive Officer, received $100K in 2022, which decreases by 86% compared to 2021.
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Source: SEC filing on April 5, 2023.