Raj Rai
2018
In 2018, Raj Rai earned a total compensation of $7.9M as Former Chief Executive Officer at Akorn, a 89% increase compared to previous year.
Compensation breakdown
| Salary | $878,417 |
|---|---|
| Stock Awards | $3,530,803 |
| Other | $3,531,766 |
| Total | $7,940,986 |
Rai received $3.5M in other compensation, accounting for 44% of the total pay in 2018.
Rai also received $878.4K in salary and $3.5M in stock awards.
Rankings
In 2018, Raj Rai's compensation ranked 1,032nd out of 14,244 executives tracked by ExecPay. In other words, Rai earned more than 92.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,032 out of 14,244 | 93rd |
Division Manufacturing | 343 out of 5,759 | 94th |
Major group Chemicals And Allied Products | 107 out of 2,122 | 95th |
Industry group Drugs | 83 out of 1,811 | 95th |
Industry Pharmaceutical Preparations | 57 out of 1,385 | 96th |
Pay ratio
| Raj Rai's Pay | $7,940,986 |
|---|---|
| Median Employee's Pay | $52,434 |
| Pay Ratio | 151to 1 |
In 2018, the annual total compensation of Raj Rai was $7,940,986.
The annual total compensation of the median employee at Akorn was $52,434.
The ratio of Raj Rai's pay to the pay of median employee was therefore 151 to one.
Source: SEC filing on March 22, 2019.
Rai's colleagues
We found four more compensation records of executives who worked with Raj Rai at Akorn in 2018.