iBio CEO Robert Kay's 2019 pay rises 10% to $348K
iBio reports 2019 executive compensation
By ExecPay News
Published: January 23, 2020
iBio reported fiscal year 2019 executive compensation information on January 23, 2020.
In 2019, four iBio executives received on average a compensation package of $285K, a 13% increase compared to previous year.
Average pay of disclosed executives at iBio
Robert B. Kay, Chief Executive Officer, received $348K in total, which increased by 10% compared to 2018. 89% of Kay's compensation, or $311K, was in salary. Kay also received $37K in option awards.
James Mullaney, Chief Financial Officer, received a compensation package of $319K, which increased by 33% compared to previous year. 84% of the compensation package, or $269K, was in salary.
Robert Erwin, President, earned $275K in 2019, a 9% increase compared to previous year.
Terence E. Ryan, Chief Scientific Officer, received $200K in 2019, which is the same as previous year.
iBio's fiscal year ends on June 30.
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Source: SEC filing on January 23, 2020.