Moderna CEO Stéphane Bancel's 2018 pay jumps 761% to $58.6M

Moderna reports 2018 executive compensation

By ExecPay News

Published: May 15, 2019

Moderna reported fiscal year 2018 executive compensation information on May 15, 2019.

In 2018, three Moderna executives received on average a compensation package of $31.3M, a 288% increase compared to previous year.

Average pay of disclosed executives at Moderna

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.