Raj Rai
2016
In 2016, Raj Rai earned a total compensation of $7.2M as Chief Executive Officer at Akorn, a 273% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,235,308 |
|---|---|
| Option Awards | $4,290,525 |
| Salary | $824,000 |
| Stock Awards | $800,010 |
| Other | $4,923 |
| Total | $7,154,766 |
Rai received $4.3M in option awards, accounting for 60% of the total pay in 2016.
Rai also received $1.2M in non-equity incentive plan, $824K in salary, $800K in stock awards and $4.9K in other compensation.
Rankings
In 2016, Raj Rai's compensation ranked 902nd out of 14,075 executives tracked by ExecPay. In other words, Rai earned more than 93.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 902 out of 14,075 | 94th |
Division Manufacturing | 293 out of 5,486 | 95th |
Major group Chemicals And Allied Products | 78 out of 1,900 | 96th |
Industry group Drugs | 50 out of 1,543 | 97th |
Industry Pharmaceutical Preparations | 42 out of 1,173 | 96th |
Source: SEC filing on March 20, 2017.
Rai's colleagues
We found five more compensation records of executives who worked with Raj Rai at Akorn in 2016.