Citius Pharmaceuticals CEO Myron Holubiak's 2021 pay jumps 91% to $1.7M
Citius Pharmaceuticals reports 2021 executive compensation
By ExecPay News
Published: December 20, 2021
Citius Pharmaceuticals reported fiscal year 2021 executive compensation information on December 20, 2021.
In 2021, four executives at Citius Pharmaceuticals received on average a compensation package of $946K, a 80% increase compared to previous year.
Average pay of disclosed executives at Citius Pharmaceuticals
Myron Holubiak, Chief Executive Officer, received $1.7M in total, which increased by 91% compared to 2020. 45% of Holubiak's compensation, or $750K, was in bonus. Holubiak also received $276K in non-equity incentive plan, $195K in option awards, as well as $450K in salary.
Leonard Mazur, Chairman, received a compensation package of $788K, which increased by 43% compared to previous year. 44% of the compensation package, or $348K, was in salary.
Myron S. Czuczman, Chief Medical Officer, earned $725K in 2021, a 358% increase compared to previous year.
Jaime Bartushak, Chief Financial Officer, received $603K in 2021, which increases by 17% compared to 2020.
Citius Pharmaceuticals' fiscal year ends on September 30.
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Source: SEC filing on December 20, 2021.