Lannett Company CEO Timothy Crew's 2019 pay jumps 61% to $2.1M

Lannett Company reports 2019 executive compensation

By ExecPay News

Published: December 6, 2019

Lannett Company reported fiscal year 2019 executive compensation information on December 6, 2019.
In 2019, five executives at Lannett Company received on average a compensation package of $1.2M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Lannett Company
Timothy C. Crew, Chief Executive Officer, received $2.1M in total, which increased by 61% compared to 2018. 34.43% of Crew's compensation, or $735K, was in non-equity incentive plan. Crew also received $141K in option awards, $735K in salary, $483.4K in stock awards, as well as $40.6K in other compensation.
Martin P. Galvan, Chief Financial Officer, received a compensation package of $1.2M, which increased by 55% compared to previous year. 35.05% of the compensation package, or $415K, was in salary.
Samuel H. Israel, Chief Legal Officer, earned $1.1M in 2019, a 2% decrease compared to previous year.
John Kozlowski, Chief of Staff and Strategy Officer, received $851.3K in 2019, which increases by 43% compared to 2018.
John Abt, Vice President and Chief Quality Operations Officer, earned $761.8K in 2019, a 35% increase compared to previous year.
Lannett Company's fiscal year ends on June 30.

Related executives

Timothy Crew

Lannett Company

Chief Executive Officer

Martin Galvan

Lannett Company

Chief Financial Officer

Samuel Israel

Lannett Company

Chief Legal Officer

John Kozlowski

Lannett Company

Chief of Staff and Strategy Officer

John Abt

Lannett Company

Vice President and Chief Quality Operations Officer

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Source: SEC filing on December 6, 2019.