Ophthotech CEO Glenn Sblendorio's 2021 pay jumps 47% to $6M
Ophthotech reports 2021 executive compensation
By ExecPay News
Published: April 5, 2023
Ophthotech reported fiscal year 2021 executive compensation information on April 5, 2023.
In 2021, six Ophthotech executives received on average a compensation package of $3.6M, a 37% increase compared to previous year.
Average pay of disclosed executives at Ophthotech
Glenn P. Sblendorio, Chief Executive Officer, received $6M in total, which increased by 47% compared to 2020. 47% of Sblendorio's compensation, or $2.8M, was in option awards. Sblendorio also received $627K in non-equity incentive plan, $665K in salary, $1.9M in stock awards, as well as $10K in other compensation.
For fiscal year 2021, the median employee pay was $246,224 at Ophthotech. Therefore, the ratio of Glenn P. Sblendorio's pay to the median employee pay was 24 to one.
Anthony S. Gibney, Executive vice president, chief business and strategy officer, received a compensation package of $5.3M. 52% of the compensation package, or $2.7M, was in stock awards.
Christopher P. Simms, Senior vice president and chief commercial officer, earned $3.3M in 2021.
Pravin U. Dugel, President, received $3.2M in 2021, which is about the same as previous year.
David F. Carroll, Chief Financial Officer, earned $2.1M in 2021, a 19% increase compared to previous year.
Keith Westby, Chief Operating Officer, received $2.1M in 2021, which increases by 29% compared to 2020.
Related executives
Keith Westby
Ophthotech
Chief Operating Officer
Glenn Sblendorio
Ophthotech
Chief Executive Officer
Pravin Dugel
Ophthotech
President
David Carroll
Ophthotech
Chief Financial Officer
Anthony Gibney
Ophthotech
Executive vice president, chief business and strategy officer
Christopher Simms
Ophthotech
Senior vice president and chief commercial officer
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Source: SEC filing on April 5, 2023.