Novan CEO G Martin's 2018 pay jumps 957% to $1.5M
Novan reports 2018 executive compensation
By ExecPay News
Published: June 21, 2019
Novan reported fiscal year 2018 executive compensation information on June 21, 2019.
In 2018, three Novan executives received on average a compensation package of $803K, a 31% increase compared to previous year.
Average pay of disclosed executives at Novan
G. Kelly Martin, Chief Executive Officer, received $1.5M in total, which increased by 957% compared to 2017. 41% of Martin's compensation, or $593K, was in option awards. Martin also received $560K in bonus, $171K in salary, $106K in stock awards, as well as $31K in other compensation.
Nathan Stasko, Chief Scientific Officer, received a compensation package of $493K, which decreased by 35% compared to previous year. 81% of the compensation package, or $400K, was in salary.
Paula Brown Stafford, Chief Operating Officer, earned $455K in 2018, a 48% decrease compared to previous year.
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Source: SEC filing on June 21, 2019.