T2 Biosystems CEO John Sperzel's 2022 pay falls 43% to $2M
T2 Biosystems reports 2022 executive compensation
By ExecPay News
Published: July 26, 2023
T2 Biosystems reported fiscal year 2022 executive compensation information on July 26, 2023.
In 2022, three executives at T2 Biosystems received on average a compensation package of $1.2M, a 49% decrease compared to previous year.
Average pay of disclosed executives at T2 Biosystems
John Sperzel, Chief Executive Officer, received $2M in total, which decreased by 43% compared to 2021. 56% of Sperzel's compensation, or $1.1M, was in stock awards. Sperzel also received $288K in non-equity incentive plan, $575K in salary, as well as $3K in other compensation.
Michael Gibbs, General Counsel, received a compensation package of $767K, which decreased by 52% compared to previous year. 48% of the compensation package, or $372K, was in salary.
John Sprague, Chief Financial Officer, earned $762K in 2022.
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Source: SEC filing on July 26, 2023.