Verrica Pharmaceuticals CEO Ted President's 2018 pay jumps 20,419% to $5M
Verrica Pharmaceuticals reports 2018 executive compensation
By ExecPay News
Published: April 25, 2019
Verrica Pharmaceuticals reported fiscal year 2018 executive compensation information on April 25, 2019.
In 2018, three executives at Verrica Pharmaceuticals received on average a compensation package of $2.4M, a 9,788% increase compared to previous year.
Average pay of disclosed executives at Verrica Pharmaceuticals
Ted White, President, Chief Executive Officer, received $5M in total, which increased by 20,419% compared to 2017. 87% of President's compensation, or $4.4M, was in option awards. President also received $225K in non-equity incentive plan, $400K in salary, as well as $5.6K in other compensation.
Linda Palczuk, Chief Operating Officer, received a compensation package of $1.1M. 61% of the compensation package, or $685K, was in option awards.
Joe Bonaccorso, Chief Commercial Officer, earned $1.1M in 2018.
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Source: SEC filing on April 25, 2019.