Provention Bio CFO Thierry Chauche receives $1.9M in 2021
Provention Bio reports 2021 executive compensation
By ExecPay News
Published: April 5, 2022
Provention Bio reported fiscal year 2021 executive compensation information on April 5, 2022.
In 2021, four executives at Provention Bio received on average a compensation package of $1.5M, a 17% decrease compared to previous year.
Thierry Chauche, Chief Financial Officer, received $1.9M in total. 98% of Chauche's compensation, or $1.8M, was in option awards. Chauche also received $34K in salary and $1.4K in other compensation.
For fiscal year 2021, the median employee pay was $353,182 at Provention Bio. Therefore, the ratio of Thierry Chauche's pay to the median employee pay was 5 to one.
Ashleigh Palmer, Chief Executive Officer, received a compensation package of $1.6M, which decreased by 22% compared to previous year. 43% of the compensation package, or $666K, was in option awards.
Andrew Drechsler, Chief Financial Officer, earned $1.3M in 2021, a 22% decrease compared to previous year.
Eleanor Ramos, Chief Marketing Officer, received $1.3M in 2021, which decreases by 28% compared to 2020.