Vital Therapies CEO Daniel Vitt's 2021 pay jumps 52% to $2M
Vital Therapies reports 2021 executive compensation
By ExecPay News
Published: April 27, 2022
Vital Therapies reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, four executives at Vital Therapies received on average a compensation package of $1.4M, a 7% increase compared to previous year.
Average pay of disclosed executives at Vital Therapies
Daniel Vitt, Chief Executive Officer, received $2M in total, which increased by 52% compared to 2020. 69% of Vitt's compensation, or $1.4M, was in option awards. Vitt also received $176K in non-equity incentive plan and $446K in salary.
For fiscal year 2021, the median employee pay was $152,615 at Vital Therapies. Therefore, the ratio of Daniel Vitt's pay to the median employee pay was 13 to one.
Duane D. Nash, Chairman, received a compensation package of $1.4M, which decreased by 36% compared to previous year. 70% of the compensation package, or $981K, was in option awards.
Andreas Muehler, Chief Medical Officer, earned $1.3M in 2021, a 41% increase compared to previous year.
Glenn Whaley, Chief Financial Officer, received $928K in 2021, which increases by 9% compared to 2020.
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Source: SEC filing on April 27, 2022.