Moderna CEO Stéphane Bancel's 2019 pay falls 85% to $8.9M

Moderna reports 2019 executive compensation

By ExecPay News

Published: March 16, 2020

Moderna reported fiscal year 2019 executive compensation information on March 16, 2020.
In 2019, five Moderna executives received on average a compensation package of $5.2M, a 79% decrease compared to previous year.
Average pay of disclosed executives at Moderna
Stéphane Bancel, Chief Executive Officer, received $8.9M in total, which decreased by 85% compared to 2018. 78% of Bancel's compensation, or $7M, was in option awards. Bancel also received $1M in bonus, $921K in salary, as well as $9.5K in other compensation.
Stephen Hoge, President, received a compensation package of $5M, which increased by 6% compared to previous year. 80% of the compensation package, or $4M, was in option awards.
Tal Zaks, Chief Medical Officer, earned $4.8M in 2019.
Juan Andres, Chief Technical Operations and Quality Officer, received $3.9M in 2019.
Lorence Kim, Chief Financial Officer, earned $3.6M in 2019, a 60% decrease compared to previous year.

Related executives

Stéphane Bancel

Moderna

Chief Executive Officer

Lorence Kim

Moderna

Chief Financial Officer

Stephen Hoge

Moderna

President

Tal Zaks

Moderna

Chief Medical Officer

Juan Andres

Moderna

Chief Technical Operations and Quality Officer

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Source: SEC filing on March 16, 2020.