Ophthotech CEO Glenn Sblendorio's 2022 pay jumps 64% to $9.8M
Ophthotech reports 2022 executive compensation
By ExecPay News
Published: April 5, 2023
Ophthotech reported fiscal year 2022 executive compensation information on April 5, 2023.
In 2022, five Ophthotech executives received on average a compensation package of $4.5M, a 23% increase compared to previous year.
Average pay of disclosed executives at Ophthotech
Glenn P. Sblendorio, Chief Executive Officer, received $9.8M in total, which increased by 64% compared to 2021. 52% of Sblendorio's compensation, or $5.1M, was in option awards. Sblendorio also received $651K in non-equity incentive plan, $700K in salary, $3.4M in stock awards, as well as $10K in other compensation.
For fiscal year 2022, the median employee pay was $276,023 at Ophthotech. Therefore, the ratio of Glenn P. Sblendorio's pay to the median employee pay was 36 to one.
Pravin U. Dugel, President, received a compensation package of $4.6M, which increased by 45% compared to previous year. 45% of the compensation package, or $2.1M, was in option awards.
David F. Carroll, Chief Financial Officer, earned $2.7M in 2022, a 29% increase compared to previous year.
Christopher P. Simms, Senior vice president and chief commercial officer, received $2.7M in 2022, which decreases by 19% compared to 2021.
Keith Westby, Chief Operating Officer, earned $2.7M in 2022, a 29% increase compared to previous year.
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Source: SEC filing on April 5, 2023.