Zogenix CEO Stephen Farr's 2018 pay jumps 236% to $6.7M
Zogenix reports 2018 executive compensation
By ExecPay News
Published: April 9, 2019
Zogenix reported fiscal year 2018 executive compensation information on April 9, 2019.
In 2018, five Zogenix executives received on average a compensation package of $3.5M, a 191% increase compared to previous year.
Average pay of disclosed executives at Zogenix
Stephen J. Farr, Chief Executive Officer, received $6.7M in total, which increased by 236% compared to 2017. 74% of Farr's compensation, or $4.9M, was in option awards. Farr also received $319K in non-equity incentive plan, $545K in salary, $853K in stock awards, as well as $5.5K in other compensation.
Ashish M. Sagrolikar, Executive Vice President and Chief Commercial Officer, received a compensation package of $4.2M. 75% of the compensation package, or $3.1M, was in option awards.
Bradley S. Galer, Chief Medical Officer, earned $2.6M in 2018, a 153% increase compared to previous year.
Gail M. Farfel, Executive Vice President and Chief Development Officer, received $2.4M in 2018, which increases by 157% compared to 2017.
Michael P. Smith, Chief Financial Officer, earned $2M in 2018, a 33% increase compared to previous year.
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Source: SEC filing on April 9, 2019.