Verastem CEO Daniel Paterson's 2023 pay jumps 420% to $3.6M
Verastem reports 2023 executive compensation
By ExecPay News
Published: April 12, 2024
Verastem reported fiscal year 2023 executive compensation information on April 12, 2024.
In 2023, three Verastem executives received on average a compensation package of $2.1M, a 235% increase compared to previous year.
Average pay of disclosed executives at Verastem
Daniel Paterson, Chief Executive Officer, received $3.6M in total, which increased by 420% compared to 2022. 46% of Paterson's compensation, or $1.7M, was in option awards. Paterson also received $330K in non-equity incentive plan, $545K in salary, $1M in stock awards, as well as $23K in other compensation.
Brian M. Stuglik, Chief Executive Officer, received a compensation package of $2M, which increased by 96% compared to previous year. 56% of the compensation package, or $1.1M, was in option awards.
Daniel Calkins, Chief Financial Officer, earned $623K in 2023, a 66% increase compared to previous year.
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Source: SEC filing on April 12, 2024.