How M.B.A. was paid
$4.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Lawrence M. Blatt, Ph.D., M.B.A.President and Chief Executive Officer | $651,718 | $3,014,995 | $371,479 | $19,042 | $4,057,234 |
| Lesley Ann CalhounExecutive Vice President, Chief Operating Officer and Chief Financial Officer | $502,000 | $874,929 | $190,760 | $12,000 | $1,579,689 |
| Julian Symons, D.Phil.Executive Vice President, Chief Scientific Officer | $492,758 | $384,545 | $189,219 | $12,000 | $1,078,522 |
What changed and why
- $4.1MCEO total compensation rose to $4,057,234 in 2025 from $2,135,283 in 2024.
- $3MOption awards for the CEO increased to $3,014,995 in 2025 compared to $1,129,049 previously.
- 95%Annual corporate performance goals under the bonus program were achieved at 95% of target.
- $652KThe CEO base salary was $651,718 for fiscal year 2025.
- $12,000Executive matching 401(k) plan contributions were capped at $12,000.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.