Ardelyx CEO Michael Raab's 2019 pay falls 59% to $1.7M
Ardelyx reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Ardelyx reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, three Ardelyx executives received on average a compensation package of $1.1M, a 56% decrease compared to previous year.
Average pay of disclosed executives at Ardelyx
Michael Raab, Chief Executive Officer, received $1.7M in total, which decreased by 59% compared to 2018. 43% of Raab's compensation, or $741K, was in option awards. Raab also received $393K in non-equity incentive plan and $595K in salary.
David Rosenbaum, Chief Development Officer, received a compensation package of $813K, which decreased by 53% compared to previous year. 53% of the compensation package, or $428K, was in salary.
Elizabeth Grammer, Chief Legal and Administrative Officer, earned $791K in 2019, a 53% decrease compared to previous year.
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Source: SEC filing on April 24, 2020.