XBiotech CEO John Simard's 2020 pay rises 10% to $12M
XBiotech reports 2020 executive compensation
By ExecPay News
Published: April 28, 2021
XBiotech reported fiscal year 2020 executive compensation information on April 28, 2021.
In 2020, three XBiotech executives received on average a compensation package of $4.5M, a 1% increase compared to previous year.
Average pay of disclosed executives at XBiotech
John Simard, Chief Executive Officer, received $12M in total, which increased by 10% compared to 2019. 71% of Simard's compensation, or $8.5M, was in option awards. Simard also received $2.7M in bonus, $684K in salary, as well as $10K in other compensation.
Sushma Shivaswamy, Chief Scientific Officer, received a compensation package of $864K, which decreased by 39% compared to previous year. 47% of the compensation package, or $408K, was in option awards.
Queena Han, Vice President Finance & HR, earned $622K in 2020, a 42% decrease compared to previous year.
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Source: SEC filing on April 28, 2021.