CEL-SCI Chief Executive and Financial Officer and Treasurer Geert Kersten's 2020 pay falls 26% to $3.3M
CEL-SCI reports 2020 executive compensation
By ExecPay News
Published: May 18, 2021
CEL-SCI reported fiscal year 2020 executive compensation information on May 18, 2021.
In 2020, five CEL-SCI executives received on average a compensation package of $1.7M, a 27% decrease compared to previous year.
Average pay of disclosed executives at CEL-SCI
Geert R. Kersten, Chief Executive and Financial Officer and Treasurer, received $3.3M in total, which decreased by 26% compared to 2019. 75% of Kersten's compensation, or $2.5M, was in option awards. Kersten also received $14K in bonus, $756K in salary, $17K in stock awards, as well as $56K in other compensation.
Patricia B. Prichep, Secretary, received a compensation package of $1.6M, which decreased by 29% compared to previous year. 75% of the compensation package, or $1.2M, was in option awards.
Eyal Talor, Chief Scientific Officer, earned $1.5M in 2020, a 31% decrease compared to previous year.
Daniel Zimmerman, Senior Vice President of Research, Cellular, received $936K in 2020, which decreases by 27% compared to 2019.
Immunology John Cipriano, Senior Vice President of Regulatory Affairs, earned $911K in 2020, a 24% decrease compared to previous year.
CEL-SCI's fiscal year ends on September 30.
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Source: SEC filing on May 18, 2021.