SPRUCE BIOSCIENCES CEO Javier Szwarcberg's 2023 pay falls 52% to $2.2M
SPRUCE BIOSCIENCES reports 2023 executive compensation
By ExecPay News
Published: April 5, 2024
SPRUCE BIOSCIENCES reported fiscal year 2023 executive compensation information on April 5, 2024.
In 2023, three executives at SPRUCE BIOSCIENCES received on average a compensation package of $1.5M, a 11% decrease compared to previous year.
Javier Szwarcberg, Chief Executive Officer, received $2.2M in total, which decreased by 52% compared to 2022. 56% of Szwarcberg's compensation, or $1.2M, was in stock awards. Szwarcberg also received $48K in bonus, $319K in non-equity incentive plan, $580K in salary, as well as $5K in other compensation.
Samir Gharib, Chief Financial Officer, received a compensation package of $1.2M, which increased by 24% compared to previous year. 43% of the compensation package, or $517K, was in stock awards.
Ralph William Charlton III, M.D., M.A.S, Chief Medical Officer, earned $1M in 2023, a 5% increase compared to previous year.