Ardelyx CEO Michael Raab's 2023 pay jumps 112% to $4.1M
Ardelyx reports 2023 executive compensation
By ExecPay News
Published: April 29, 2024
Ardelyx reported fiscal year 2023 executive compensation information on April 29, 2024.
In 2023, three Ardelyx executives received on average a compensation package of $2.5M, a 82% increase compared to previous year.
Average pay of disclosed executives at Ardelyx
Michael Raab, Chief Executive Officer, received $4.1M in total, which increased by 112% compared to 2022. 58% of Raab's compensation, or $2.4M, was in option awards. Raab also received $330K in bonus, $700K in salary, $688K in stock awards, as well as $5K in other compensation.
Elizabeth Grammer, Chief Legal and Administrative Officer, received a compensation package of $1.6M. 46% of the compensation package, or $748K, was in option awards.
Laura Williams, Chief Medical Officer, earned $1.6M in 2023, a 54% increase compared to previous year.
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Source: SEC filing on April 29, 2024.