T2 Biosystems CEO John Sperzel receives $3.5M in 2020
T2 Biosystems reports 2020 executive compensation
By ExecPay News
Published: May 14, 2021
T2 Biosystems reported fiscal year 2020 executive compensation information on May 14, 2021.
In 2020, five executives at T2 Biosystems received on average a compensation package of $1.3M, a 15% increase compared to previous year.
Average pay of disclosed executives at T2 Biosystems
John Sperzel, Chief Executive Officer, received $3.5M in total. 74% of Sperzel's compensation, or $2.6M, was in option awards. Sperzel also received $394K in non-equity incentive plan, $491K in salary, as well as $3K in other compensation.
John McDonough, Chief Executive Officer, received a compensation package of $1.2M, which decreased by 29% compared to previous year. 87% of the compensation package, or $1M, was in other compensation.
Anthony Pare, Chief Commercial Officer, earned $694K in 2020.
Alec Barclay, Chief Operations Officer, received $640K in 2020, which decreases by 32% compared to 2019.
Michael Gibbs, General Counsel, earned $571K in 2020.
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Source: SEC filing on May 14, 2021.