Thursday, April 28, 2016

This CEO's $148 Million in Pay May Rank Him No. 1 For 2015


By Bloomberg, April 27, 2016 

NantKwest Inc., a cancer-research firm that went public last year, gave Chief Executive Officer Patrick Soon-Shiong a $147.6 million pay package for 2015, the highest reported by any company so far.

Soon-Shiong’s compensation exceeds that granted Google Inc. CEO Sundar Pichai, who received $100.5 million last year to run the search-engine unit of parent Alphabet Inc.


Soon-Shiong, a co-owner of the Los Angeles Lakers basketball team, received stock options valued at $132.2 million and $15 million in restricted stock, according to a proxy statement filed Wednesday. The options were granted before the company’s initial public offering in July, most having a strike price of about $2. The shares rose 39 percent to $34.64 in their first day of trading.


Read More: http://www.bloomberg.com

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