XBiotech CEO John Simard's 2019 pay jumps 1,056% to $11M
XBiotech reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
XBiotech reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, three XBiotech executives received on average a compensation package of $4.4M, a 718% increase compared to previous year.
Average pay of disclosed executives at XBiotech
John Simard, Chief Executive Officer, received $11M in total, which increased by 1,056% compared to 2018. 92% of Simard's compensation, or $10M, was in option awards. Simard also received $228K in bonus, $591K in salary, as well as $9K in other compensation.
Sushma Shivaswamy, Chief Scientific Officer, received a compensation package of $1.4M, which increased by 356% compared to previous year. 57% of the compensation package, or $820K, was in option awards.
Queena Han, Vice President Finance & HR, earned $1.1M in 2019, a 183% increase compared to previous year.
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Source: SEC filing on April 29, 2020.