Alkermes CEO Richard Pops' 2019 pay slips 14% to $15M
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.
Average pay of disclosed executives at Alkermes
Richard F. Pops, Chief Executive Officer, received $15M in total, which decreased by 14% compared to 2018. 57% 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. 62% 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.
Related executives
Richard Pops
Alkermes
Chief Executive Officer
James Frates
Alkermes
Chief Financial Officer
James Robinson
Alkermes
Chief Operating Officer
Craig Hopkinson
Alkermes
Chief Medical Officer
David Gaffin
Alkermes
Chief Legal Officer
Michael Landine
Alkermes
Senior Vice President, Corporate Development and Chief Risk Officer
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Source: SEC filing on April 3, 2020.