Edesa Biotech CEO Pardeep Nijhawan's 2022 pay falls 54% to $602K
Edesa Biotech reports 2022 executive compensation
By ExecPay News
Published: March 28, 2023
Edesa Biotech reported fiscal year 2022 executive compensation information on March 28, 2023.
In 2022, three executives at Edesa Biotech received on average a compensation package of $565K, a 50% decrease compared to previous year.
Average pay of disclosed executives at Edesa Biotech
Pardeep Nijhawan, Chief Executive Officer, received $602K in total, which decreased by 54% compared to 2021. 54% of Nijhawan's compensation, or $326K, was in salary. Nijhawan also received $90K in bonus, $123K in option awards, as well as $63K in other compensation.
Michael Brooks, President, received a compensation package of $553K, which decreased by 47% compared to previous year. 55% of the compensation package, or $305K, was in salary.
Kathi Niffenegger, Chief Financial Officer, earned $542K in 2022, a 48% decrease compared to previous year.
Edesa Biotech's fiscal year ends on September 30.
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Source: SEC filing on March 28, 2023.