Karuna Therapeutics CEO Steven Paul's 2021 pay jumps 48% to $13M

Karuna Therapeutics reports 2021 executive compensation

By ExecPay News

Published: April 27, 2022

Karuna Therapeutics reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, five executives at Karuna Therapeutics received on average a compensation package of $5.7M, a 9% increase compared to previous year.
Average pay of disclosed executives at Karuna Therapeutics
Steven Paul, Chief Executive Officer, received $13M in total, which increased by 48% compared to 2020. 91% of Paul's compensation, or $12M, was in option awards. Paul also received $550K in non-equity incentive plan, $645K in salary, as well as $8.7K in other compensation.
Andrew Miller, Chief Operating Officer, received a compensation package of $5.7M, which increased by 23% compared to previous year. 86% of the compensation package, or $4.9M, was in option awards.
Stephen Brannan, Chief Medical Officer, earned $4.5M in 2021, a 30% increase compared to previous year.
Troy Ignelzi, Chief Financial Officer, received $4.5M in 2021, which increases by 20% compared to 2020.
Charmaine Lykins, Chief Commercial Officer, earned $488K in 2021.

Related executives

Steven Paul

Karuna Therapeutics

Chief Executive Officer

Andrew Miller

Karuna Therapeutics

Chief Operating Officer

Troy Ignelzi

Karuna Therapeutics

Chief Financial Officer

Stephen Brannan

Karuna Therapeutics

Chief Medical Officer

Charmaine Lykins

Karuna Therapeutics

Chief Commercial Officer

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Source: SEC filing on April 27, 2022.