Moderna CEO Stéphane Bancel's 2018 pay jumps 761% to $58.6M
Moderna reports 2018 executive compensation
By ExecPay News
Published: March 16, 2020
Moderna reported fiscal year 2018 executive compensation information on March 16, 2020.
In 2018, four Moderna executives received on average a compensation package of $24.6M, a 84% increase compared to previous year.
Stéphane Bancel, Chief Executive Officer, received $58.6M in total, which increased by 761% compared to 2017. 95.44% of Bancel's compensation, or $55.9M, was in option awards. Bancel also received $1.8M in bonus, $863.1K in salary, as well as $9.6K in other compensation.
John Mendlein, Former President, Corporate and Product Strategy, received a compensation package of $26.2M. 96.53% of the compensation package, or $25.3M, was in option awards.
Lorence Kim, Chief Financial Officer, earned $9M in 2018, a 3% decrease compared to previous year.
Stephen Hoge, President, received $4.7M in 2018, which decreases by 80% compared to 2017.