Design Therapeutics CEO Pratik Shah's 2023 pay jumps 40% to $6.3M
Design Therapeutics reports 2023 executive compensation
By ExecPay News
Published: April 25, 2024
Design Therapeutics reported fiscal year 2023 executive compensation information on April 25, 2024.
In 2023, three executives at Design Therapeutics received on average a compensation package of $3.7M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Design Therapeutics
Pratik Shah, Chief Executive Officer, received $6.3M in total, which increased by 40% compared to 2022. 89% of Shah's compensation, or $5.6M, was in option awards. Shah also received $182K in bonus, $149K in non-equity incentive plan, $361K in salary, as well as $13K in other compensation.
João Siffert, Chief Executive Officer, received a compensation package of $3.5M, which decreased by 27% compared to previous year. 62% of the compensation package, or $2.2M, was in option awards.
Sean Jeffries, Chief Operating Officer, earned $1.3M in 2023, a 63% decrease compared to previous year.
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Source: SEC filing on April 25, 2024.