T2 Biosystems CEO John McDonough's 2019 pay falls 59% to $1.6M
T2 Biosystems reports 2019 executive compensation
By ExecPay News
Published: June 26, 2020
T2 Biosystems reported fiscal year 2019 executive compensation information on June 26, 2020.
In 2019, three executives at T2 Biosystems received on average a compensation package of $1.1M, a 51% decrease compared to previous year.
Average pay of disclosed executives at T2 Biosystems
John McDonough, Chief Executive Officer, received $1.6M in total, which decreased by 59% compared to 2018. 34% of McDonough's compensation, or $550K, was in salary. McDonough also received $234K in non-equity incentive plan, $479K in option awards, $372K in stock awards, as well as $3K in other compensation.
Alec Barclay, Senior Vice President, Operations, received a compensation package of $938K. 37% of the compensation package, or $349K, was in option awards.
Thomas J. Lowery, Chief Scientific Officer, earned $832K in 2019, a 39% decrease compared to previous year.
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Source: SEC filing on June 26, 2020.