Tonix Pharmaceuticals Holding CEO Seth Lederman's 2018 pay jumps 157% to $1.5M
Tonix Pharmaceuticals Holding reports 2018 executive compensation
By ExecPay News
Published: December 13, 2019
Tonix Pharmaceuticals Holding reported fiscal year 2018 executive compensation information on December 13, 2019.
In 2018, three executives at Tonix Pharmaceuticals Holding received on average a compensation package of $939K, a 179% increase compared to previous year.
Seth Lederman, Chief Executive Officer, received $1.5M in total, which increased by 157% compared to 2017. 57% of Lederman's compensation, or $845K, was in option awards. Lederman also received $160K in bonus and $473K in salary.
Gregory Sullivan, Chief Medical Officer, received a compensation package of $722K, which increased by 88% compared to previous year. 46% of the compensation package, or $335K, was in salary.
Bradley Saenger, Chief Financial Officer, earned $616K in 2018, a 69% increase compared to previous year.