Otonomy CEO David Weber's 2018 pay jumps 122% to $5.4M
Otonomy reports 2018 executive compensation
By ExecPay News
Published: April 19, 2019
Otonomy reported fiscal year 2018 executive compensation information on April 19, 2019.
In 2018, three Otonomy executives received on average a compensation package of $2.9M, a 84% increase compared to previous year.
Average pay of disclosed executives at Otonomy
David A. Weber, Chief Executive Officer, received $5.4M in total, which increased by 122% compared to 2017. 84% of Weber's compensation, or $4.5M, was in option awards. Weber also received $328K in bonus, $546K in salary, as well as $1.5K in other compensation.
Paul E. Cayer, Chief Financial and Business Officer, received a compensation package of $1.7M, which increased by 60% compared to previous year. 68% of the compensation package, or $1.2M, was in option awards.
Robert Michael Savel, II, Chief Technical Officer, earned $1.6M in 2018, a 94% increase compared to previous year.
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Source: SEC filing on April 19, 2019.