Raj Rai
2011
In 2011, Raj Rai earned a total compensation of $4.5M as Chief Executive Officer at Akorn, a 11% increase compared to previous year.
Compensation breakdown
| Bonus | $250,000 |
|---|---|
| Non-Equity Incentive Plan | $750,000 |
| Option Awards | $2,962,720 |
| Other | $500,000 |
| Total | $4,462,720 |
Rai received $3M in option awards, accounting for 66% of the total pay in 2011.
Rai also received $250K in bonus, $750K in non-equity incentive plan and $500K in other compensation.
Rankings
In 2011, Raj Rai's compensation ranked 1,277th out of 10,747 executives tracked by ExecPay. In other words, Rai earned more than 88.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,277 out of 10,747 | 88th |
Division Manufacturing | 476 out of 3,960 | 88th |
Major group Chemicals And Allied Products | 108 out of 1,038 | 90th |
Industry group Drugs | 61 out of 786 | 92nd |
Industry Pharmaceutical Preparations | 51 out of 571 | 91st |
Source: SEC filing on April 10, 2012.
Rai's colleagues
We found five more compensation records of executives who worked with Raj Rai at Akorn in 2011.
2011
Timothy Dick
Akorn
Chief Financial Officer
2011
Bruce Kutinsky
Akorn
President, Consumer Health Division
2011
John Sabat
Akorn
Senior Vice President, Sales, Marketing & National Accounts
2011
Mark Silverberg
Akorn
Senior Vice President, Global Quality Assurance Regulatory Compliance
2011
Joseph Bonaccorsi
Akorn