Incyte CEO Hervé Hoppenot's 2018 pay falls 42% to $9.3M
Incyte reports 2018 executive compensation
By ExecPay News
Published: March 21, 2019
Incyte reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, six Incyte executives received on average a compensation package of $5.8M, a 7% decrease compared to previous year.
Average pay of disclosed executives at Incyte
Hervé Hoppenot, Chief Executive Officer, received $9.3M in total, which decreased by 42% compared to 2017. 60% of Hoppenot's compensation, or $5.6M, was in option awards. Hoppenot also received $808K in non-equity incentive plan, $996K in salary, $1.7M in stock awards, as well as $213K in other compensation.
For fiscal year 2018, the median employee pay was $228,006 at Incyte. Therefore, the ratio of Hervé Hoppenot's pay to the median employee pay was 41 to one.
Steven H. Stein, Chief Medical Officer, received a compensation package of $6.6M, which increased by 61% compared to previous year. 56% of the compensation package, or $3.7M, was in stock awards.
Wenqing Yao, Executive Vice President, Head of Discovery Chemistry, earned $6.5M in 2018, a 65% increase compared to previous year.
Reid M. Huber, Chief Scientific Officer, received $6.4M in 2018, which increases by 57% compared to 2017.
Maria E. Pasquale, General Counsel, earned $3.6M in 2018.
David W. Gryska, Chief Financial Officer, received $2.4M in 2018, which decreases by 21% compared to 2017.
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Source: SEC filing on March 21, 2019.