Fortress Biotech CEO Bobby Sandage receives $815K in 2011
Fortress Biotech reports 2011 executive compensation
By ExecPay News
Published: July 13, 2012
Fortress Biotech reported fiscal year 2011 executive compensation information on July 13, 2012.
In 2011, four executives at Fortress Biotech received on average a compensation package of $565K, a 12% decrease compared to previous year.
Average pay of disclosed executives at Fortress Biotech
Bobby W. Sandage, Jr., Chief Executive Officer, received $815K in total. 35% of Sandage's compensation, or $284K, was in salary. Sandage also received $140K in bonus, $257K in option awards, as well as $134K in other compensation.
Noah D. Beerman, Chief Operating Officer, received a compensation package of $611K. 79% of the compensation package, or $484K, was in option awards.
Gary Gemignani, Chief Financial Officer, earned $509K in 2011, a 27% decrease compared to previous year.
Glenn L. Cooper, Chairman, received $323K in 2011, which decreases by 45% compared to 2010.
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Source: SEC filing on July 13, 2012.