News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Gilead (GILD)'s Rumored M&A Target Incyte (INCY) Doubled CEO's Pay Package in 2016



4/18/2017 7:04:54 AM

  Life Sciences Jobs  
  • Newest Jobs - Last 24 Hours
  • California Jobs
  • Massachusetts Jobs
  • New Jersey Jobs
  • Maryland Jobs
  • Washington Jobs
  View More Jobs
On Monday, as Incyte’s stock price $INCY headed south in the wake of the FDA’s surprising decision to boot back baricitinib, the biotech was outlining how it nearly doubled CEO Hervé Hoppenot’s compensation package in 2016.

In the proxy statement, Incyte noted a small bump in base pay, to $937,738. But it was the increase in stock and option awards where the CEO benefited the most. Combined, the awards jumped from $3.7 million in 2015 to $9.5 million last year. And his total package grew from just under $6 million to $11.8 million.

Read at News Release
Read at News Release


comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES