Anika Therapeutics CEO Cheryl Blanchard's 2021 pay falls 58% to $4.2M

Anika Therapeutics reports 2021 executive compensation

By ExecPay News

Published: April 27, 2022

Anika Therapeutics reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, five executives at Anika Therapeutics received on average a compensation package of $1.8M, a 26% decrease compared to previous year.
Average pay of disclosed executives at Anika Therapeutics
Cheryl R. Blanchard, Chief Executive Officer, received $4.2M in total, which decreased by 58% compared to 2020. 35% of Blanchard's compensation, or $1.5M, was in option awards. Blanchard also received $568K in bonus, $668K in salary, $1.5M in stock awards, as well as $23K in other compensation.
Michael L. Levitz, Chief Financial Officer, received a compensation package of $1.6M, which decreased by 14% compared to previous year. 29% of the compensation package, or $456K, was in salary.
David Colleran, General Counsel, earned $1.4M in 2021, a 18% decrease compared to previous year.
Thomas Finnerty, EVP, Human Resources, received $1.1M in 2021, which decreases by 6% compared to 2020.
James Loerop, EVP, Business Development and Strategic Planning, earned $874K in 2021, a 16% decrease compared to previous year.

Related executives

Cheryl Blanchard

Anika Therapeutics

Chief Executive Officer

Michael Levitz

Anika Therapeutics

Chief Financial Officer

David Colleran

Anika Therapeutics

General Counsel

Thomas Finnerty

Anika Therapeutics

EVP, Human Resources

James Loerop

Anika Therapeutics

EVP, Business Development and Strategic Planning

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Source: SEC filing on April 27, 2022.