Tonix Pharmaceuticals Holding CEO Seth Lederman's 2020 pay jumps 201% to $3.9M
Tonix Pharmaceuticals Holding reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
Tonix Pharmaceuticals Holding reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, three executives at Tonix Pharmaceuticals Holding received on average a compensation package of $2.1M, a 152% increase compared to previous year.
Seth Lederman, Chief Executive Officer, received $3.9M in total, which increased by 201% compared to 2019. 72% of Lederman's compensation, or $2.8M, was in option awards. Lederman also received $461K in bonus and $614K in salary.
Gregory Sullivan, Chief Medical Officer, received a compensation package of $1.4M, which increased by 112% compared to previous year. 51% of the compensation package, or $706K, was in option awards.
Bradley Saenger, Chief Financial Officer, earned $1.1M in 2020, a 89% increase compared to previous year.