Mallinckrodt CEO Mark Trudeau's 2019 pay rises 4% to $15M
Mallinckrodt reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
Mallinckrodt reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, six executives at Mallinckrodt received on average a compensation package of $5.4M, a 8% increase compared to previous year.
Average pay of disclosed executives at Mallinckrodt
Mark C. Trudeau, Chief Executive Officer, received $15M in total, which increased by 4% compared to 2018. 34% of Trudeau's compensation, or $5M, was in stock awards. Trudeau also received $1.6M in bonus, $1.3M in non-equity incentive plan, $5M in option awards, $1.1M in salary, as well as $673K in other compensation.
For fiscal year 2019, the median employee pay was $124,155 at Mallinckrodt. Therefore, the ratio of Mark C. Trudeau's pay to the median employee pay was 118 to one.
Steven Romano, Chief Scientific Officer, received a compensation package of $4.6M, which increased by 22% compared to previous year. 33% of the compensation package, or $1.5M, was in stock awards.
Hugh M. O'Neill, Executive Vice President and Chief Commercial Officer, earned $4.4M in 2019, a 56% increase compared to previous year.
Mark Casey, Chief Legal Officer, received $4M in 2019, which increases by 21% compared to 2018.
Bryan M. Reasons, Chief Financial Officer, earned $3M in 2019.
George Kegler, Chief Financial Officer, received $1.8M in 2019, which increases by 75% compared to 2018.
Mallinckrodt's fiscal year ends on December 29.
Related executives
Mark Trudeau
Mallinckrodt
Chief Executive Officer
Bryan Reasons
Mallinckrodt
Chief Financial Officer
George Kegler
Mallinckrodt
Chief Financial Officer
Mark Casey
Mallinckrodt
Chief Legal Officer
Hugh O'Neill
Mallinckrodt
Executive Vice President and Chief Commercial and Operations Officer
Steven Romano
Mallinckrodt
Chief Scientific Officer
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Source: SEC filing on April 2, 2020.