T2 Biosystems CEO John Sperzel's 2023 pay falls 56% to $866K
T2 Biosystems reports 2023 executive compensation
By ExecPay News
Published: November 20, 2024
T2 Biosystems reported fiscal year 2023 executive compensation information on November 20, 2024.
In 2023, three executives at T2 Biosystems received on average a compensation package of $690K, a 41% decrease compared to previous year.
John Sperzel, Chief Executive Officer, received $866K in total, which decreased by 56% compared to 2022. 66% of Sperzel's compensation, or $575K, was in salary. Sperzel also received $288K in non-equity incentive plan and $3K in other compensation.
Michael Gibbs, General Counsel, received a compensation package of $623K, which decreased by 19% compared to previous year. 62% of the compensation package, or $388K, was in salary.
John Sprague, Chief Financial Officer, earned $581K in 2023, a 24% decrease compared to previous year.