Edesa Biotech CEO Pardeep Nijhawan's 2023 pay slips 9% to $550K
Edesa Biotech reports 2023 executive compensation
By ExecPay News
Published: April 5, 2024
Edesa Biotech reported fiscal year 2023 executive compensation information on April 5, 2024.
In 2023, four executives at Edesa Biotech received on average a compensation package of $412K, a 27% decrease compared to previous year.
Average pay of disclosed executives at Edesa Biotech
Pardeep Nijhawan, Chief Executive Officer, received $550K in total, which decreased by 9% compared to 2022. 62% of Nijhawan's compensation, or $341K, was in salary. Nijhawan also received $99K in bonus, $74K in option awards, as well as $35K in other compensation.
Michael Brooks, President, received a compensation package of $489K, which decreased by 12% compared to previous year. 65% of the compensation package, or $320K, was in salary.
Kathi Niffenegger, Chief Financial Officer, earned $453K in 2023, a 16% decrease compared to previous year.
Stephen Lemieux, Chief Financial Officer, received $156K in 2023.
Edesa Biotech's fiscal year ends on September 30.
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Source: SEC filing on April 5, 2024.