Tricida CEO Gerrit Klaerner's 2019 pay jumps 579% to $10M
Tricida reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
Tricida reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, five Tricida executives received on average a compensation package of $4.4M, a 146% increase compared to previous year.
Average pay of disclosed executives at Tricida
Gerrit Klaerner, Chief Executive Officer, received $10M in total, which increased by 579% compared to 2018. 90% of Klaerner's compensation, or $9.2M, was in option awards. Klaerner also received $65K in bonus, $323K in non-equity incentive plan, $584K in salary, as well as $2K in other compensation.
Susannah Cantrell, Executive Vice President, Chief Commercial Officer, received a compensation package of $4.1M. 85% of the compensation package, or $3.4M, was in option awards.
Dawn Parsell, Executive Vice President, Clinical Development, earned $3M in 2019, a 19% decrease compared to previous year.
Geoffrey M. Parker, Chief Financial Officer, received $2.8M in 2019, which increases by 286% compared to 2018.
Edward Hejlek, General Counsel, earned $2.1M in 2019.
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Source: SEC filing on April 29, 2020.