Alkermes CEO Richard Pops' 2019 pay slips 14% to $14.6M
Alkermes reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
Alkermes reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, six Alkermes executives received on average a compensation package of $5.3M, a 13% decrease compared to previous year.
Richard F. Pops, Chief Executive Officer, received $14.6M in total, which decreased by 14% compared to 2018. 57.28% of Pops' compensation, or $8.4M, was in option awards. Pops also received $980K in non-equity incentive plan, $1M in salary, $4.2M in stock awards, as well as $14K in other compensation.
For fiscal year 2019, the median employee pay was $177,189 at Alkermes. Therefore, the ratio of Richard F. Pops' pay to the median employee pay was 83 to one.
James A. Robinson, Chief Operating Officer, received a compensation package of $4.2M, which decreased by 38% compared to previous year. 61.53% of the compensation package, or $2.6M, was in option awards.
Craig C. Hopkinson, Chief Medical Officer, earned $3.7M in 2019, a 4% decrease compared to previous year.
David J. Gaffin, Chief Legal Officer, received $3.5M in 2019, which decreases by 2% compared to 2018.
James M. Frates, Chief Financial Officer, earned $3.1M in 2019, a 15% decrease compared to previous year.
Michael J. Landine, Senior Vice President, Corporate Development and Chief Risk Officer, received $3M in 2019.
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