Minerva Neurosciences CEO Remy Luthringer's 2019 pay falls 70% to $1.2M
Minerva Neurosciences reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Minerva Neurosciences reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, four executives at Minerva Neurosciences received on average a compensation package of $902K, a 63% decrease compared to previous year.
Average pay of disclosed executives at Minerva Neurosciences
Remy Luthringer, Chief Executive Officer, received $1.2M in total, which decreased by 70% compared to 2018. 47% of Luthringer's compensation, or $543K, was in salary. Luthringer also received $190K in bonus, $429K in option awards, as well as $2.5K in other compensation.
Geoffrey Race, Chief Financial Officer, received a compensation package of $850K, which decreased by 44% compared to previous year. 48% of the compensation package, or $411K, was in salary.
Richard Russell, President, earned $834K in 2019, a 62% decrease compared to previous year.
Jay Saoud, Senior Vice President, Head of Research and Development, received $759K in 2019.
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Source: SEC filing on April 28, 2020.