Lannett Company CEO Arthur Bedrosian's 2018 pay jumps 235% to $3.6M

Lannett Company reports 2018 executive compensation

Published: December 10, 2018

Lannett Company reported fiscal year 2018 executive compensation information on December 10, 2018.

In 2018, seven executives at Lannett Company received on average a compensation package of $1.4M, a 113% increase compared to previous year.

Average pay of disclosed executives at Lannett Company

Arthur P. Bedrosian, Chief Executive Officer, received $3.6M in total, which increased by 235% compared to 2017.

Kevin Smith, Former Senior Vice President of Sales, received a compensation package of $1.7M, which increased by 221% compared to previous year. 67.73% of the compensation package, or $1.1M, was in other compensation.

Timothy C. Crew, Chief Executive Officer, earned $1.3M in 2018.

Samuel H. Israel, Chief Legal Officer, received $1.1M in 2018.

Martin P. Galvan, Chief Financial Officer, earned $763.7K in 2018, a 34% increase compared to previous year.

John Kozlowski, Chief of Staff and Strategy Officer, received $596.3K in 2018.

John Abt, Vice President and Chief Quality Operations Officer, earned $565K in 2018, a 36% increase compared to previous year.

Lannett Company's fiscal year ends on June 30.