Lpath CEO Charles McKhann receives $8.6M in 2021
Lpath reports 2021 executive compensation
By ExecPay News
Published: April 25, 2022
Lpath reported fiscal year 2021 executive compensation information on April 25, 2022.
In 2021, five Lpath executives received on average a compensation package of $2.7M, a 357% increase compared to previous year.
Average pay of disclosed executives at Lpath
Charles McKhann, Chief Executive Officer, received $8.6M in total. 49% of McKhann's compensation, or $4.2M, was in stock awards. McKhann also received $491K in non-equity incentive plan, $3.5M in option awards, $375K in salary, as well as $22K in other compensation.
Jeffrey Black, Chief Financial Officer, received a compensation package of $3M. 59% of the compensation package, or $1.7M, was in stock awards.
Todd Newton, Chief Executive Officer, earned $825K in 2021, a 4% increase compared to previous year.
Stefanie Cavanaugh, Chief Financial Officer, received $661K in 2021, which increases by 34% compared to 2020.
John Molesphini, Executive Vice President, Operations, earned $654K in 2021.
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Source: SEC filing on April 25, 2022.