Sarepta CEO Doug Ingram scored a chart-topping $57M compensation deal in 2017. Earning it won’t be easy
Last summer, when ex-Allergan president Doug Ingram was recruited for the top job at Sarepta $SRPT, the board set some big goals for the new CEO. And they put up some extraordinarily big rewards if he achieves them.
Ingram’s total compensation package for the second half stretch when he was at the helm is worth $56,866,241 — far outstripping any other pay deal outlined in biopharma for 2017. There’s about $11 million in stock awards. The lion’s share — $44 million — is in stock options. If he achieves his mission in building the company, and his stock vests, he would end up with as much as 6.6% of the company. Falling short, though, would push that down to as little as nothing.
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