VIVUS, Inc. Pays CEO Seth Fischer $104,000 Bonus
Published: Jan 31, 2014
Weight loss drug maker Vivus Inc.'s board decided to pay a $104,000 bonus to CEO Seth Fischer, who's been on the job just five months. Mountain View-based Vivus (NASDAQ: VVUS) kept Fischer's salary flat at $650,000, but did raise the salaries of three other executives -- Guy Marsh, vice president of U.S. operations; Wesley Day, vice president of clinical development; and John Slebir, vice president of business development. Fischer's salary wasn't raised because of his short time on the job. Neither did Vivus raise the salary of Svai Sanford, who became interim chief financial officer in November.
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