Posted on 09/25/2014 9:13:56 PM PDT by mykroar
Martine Rothblatt, a 59 year old entrepreneur and space lawyer, is the highest paid female executive in America. She made $38 million last year as the CEO of United Therapeutics (UTHR); a $6 billion biotech firm she founded to find a treatment for pulmonary hypertension after her daughter was diagnosed with the disease.
Rothblatt's compensation is based largely on stock performance. Last year, her company received FDA approval for a medicine they had been working on for 10 years. The stock more than doubled and Rothblatt's compensation rose by a multiple of four. “I think this [pay structure] is in the best interest of the shareholders,” she says. “There’s a mantra about corporate governance about pay-for-performance so I said ‘okay I’ll take the risk that 100% of my bonus compensation will be based upon stock market performance.’”
Last year, just $992,678 of Rothblatt's total compensation was from her base salary. She earned another $36,097,326 in option awards and $1,102,907 in non-equity incentive plan compensation. In 2012, Rothblatt made $8 million in total compensation.
(Excerpt) Read more at finance.yahoo.com ...
The thing should have been destroyed before it reached maturity.
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