Lannett Company reports 2018 executive compensation

CEO Arthur P. Bedrosian receives $3.6M

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 $1,372,933, a 113% increase compared to previous year.

Average pay of disclosed executives at Lannett Company

Arthur P. Bedrosian, Chief Executive Officer, received $3,617,957 in total, which increased by 235% compared to 2017.

Kevin Smith, Former Senior Vice President of Sales, received a compensation package of $1,653,878, which increased by 221% compared to previous year. 67.73% of the compensation package, or $1,120,135, was in other compensation.

Timothy C. Crew, Chief Executive Officer, earned $1,329,781 in 2018.

Samuel H. Israel, Chief Legal Officer, received $1,083,841 in 2018.

Martin P. Galvan, Chief Financial Officer, earned $763,745 in 2018, a 34% increase compared to previous year.

John Kozlowski, Chief of Staff and Strategy Officer, received $596,314 in 2018.

John Abt, Vice President and Chief Quality Operations Officer, earned $565,013 in 2018, a 36% increase compared to previous year.

Lannett Company's fiscal year ends on June 30.