Corcept Therapeutics Inc. Execs Grab 10 Pct. Salary Hikes

Published: Feb 07, 2013

Corcept Therapeutics Inc. CEO Joe Belanoff won a 10.1 percent raise for 2013 after his Menlo Park company last year landed approval of its first drug. Belanoff's new base salary is $530,000, compared with his 2012 salary of $481,097, the company reported in a Securities and Exchange Commission filing Tuesday. Corcept (NASDAQ: CORT) also said Chief Financial Officer G. Charles Robb and vice president of commercial operations Steven Lo will receive 10 percent raises for 2013. Robb's base salary will be $340,000, and Lo will make $350,000.

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