Opko Health CEO Phillip Frost's 2018 pay jumps 110% to $2M
Opko Health reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Opko Health reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, four executives at Opko Health received on average a compensation package of $1.7M, a 103% increase compared to previous year.
Average pay of disclosed executives at Opko Health
Phillip Frost, Chief Executive Officer, received $2M in total, which increased by 110% compared to 2017. 52% of Frost's compensation, or $1.1M, was in option awards. Frost also received $960K in salary and $11K in other compensation.
For fiscal year 2018, the median employee pay was $38,661 at Opko Health. Therefore, the ratio of Phillip Frost's pay to the median employee pay was 53 to one.
Jane H. Hsiao, Chief Technical Officer, received a compensation package of $2M, which increased by 116% compared to previous year. 54% of the compensation package, or $1.1M, was in option awards.
Steven D. Rubin, Executive Vice President Administration, earned $1.5M in 2018, a 78% increase compared to previous year.
Adam Logal, Chief Financial Officer, received $1.3M in 2018, which increases by 105% compared to 2017.
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Source: SEC filing on April 26, 2019.