Novavax CFO Frederick Driscoll receives $918K in 2009
Novavax reports 2009 executive compensation
By ExecPay News
Published: April 30, 2010
Novavax reported fiscal year 2009 executive compensation information on April 30, 2010.
In 2009, nine Novavax executives received on average a compensation package of $402K, a 2% decrease compared to previous year.
Average pay of disclosed executives at Novavax
Frederick W. Driscoll, Chief Financial Officer, received $918K in total. 80% of Driscoll's compensation, or $734K, was in option awards. Driscoll also received $35K in non-equity incentive plan, $98K in salary, as well as $52K in stock awards.
Rahul Singhvi, Sc.D, Chief Executive Officer, received a compensation package of $605K, which decreased by 10% compared to previous year. 72% of the compensation package, or $434K, was in salary.
John J. Trizzino, Former SVP, Business Development, earned $602K in 2009.
Thomas S. Johnston, VP, Strategy, received $368K in 2009.
Penny M. Heaton, Chief Medical Officer, earned $330K in 2009, a 21% decrease compared to previous year.
Raymond J. Hage, Former SVP of Commercial Operations, received $280K in 2009, which decreases by 17% compared to 2008.
James Robinson, Former VP of Technical & Quality Control Operations, earned $274K in 2009, a 6% decrease compared to previous year.
Evdoxia E. Kopsidas, Former Senior Director of Finance & Principal Accounting Officer, received $214K in 2009.
Len Stigliano, Chief Financial Officer, earned $29K in 2009, a 92% decrease compared to previous year.
Related executives
Rahul ScD
Novavax
Chief Executive Officer
Frederick Driscoll
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Chief Financial Officer
John Trizzino
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Chief Financial Officer
Len Stigliano
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Chief Financial Officer
Evdoxia Kopsidas
Novavax
Former Senior Director of Finance & Principal Accounting Officer
Raymond Hage
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Former SVP of Commercial Operations
Penny Heaton
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James Robinson
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Source: SEC filing on April 30, 2010.