How Watanabe was paid
$7.2M 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 | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Todd Franklin WatanabePresident and Chief Executive Officer | $713,333 | $2,067,190 | $3,848,958 | $579,584 | $14,000 | $7,223,065 |
| Latha VairavanChief Financial Officer | $419,485 | $440,413 | $839,463 | $213,402 | $12,017 | $1,924,780 |
| Patrick E. Burnett, M.D., Ph.D.Chief Medical Officer | $535,000 | $752,950 | $1,380,182 | $334,376 | $14,000 | $3,016,508 |
| L. Todd EdwardsChief Commercial Officer | $535,000 | $752,950 | $1,380,182 | $334,376 | $27,829 | $3,030,337 |
| Masaru Matsuda, J.D.Chief Legal Officer | $495,167 | $465,460 | $865,044 | $278,532 | $14,000 | $2,118,203 |
| David TopperFormer Chief Financial Officer | $196,458 | $465,460 | $865,044 | — | $419,771 | $1,946,733 |
What changed and why
- $7.2MCEO total compensation increased to $7,223,065 in 2025 from $3,689,491 in 2024.
- Stock and option awards represented the largest portion of the CEO total compensation.
- Latha Vairavan was promoted to Chief Financial Officer effective May 6, 2025.
- David Topper separated from the Company as Chief Financial Officer on May 15, 2025.
- The pay ratio of CEO to median employee compensation was 28 to 1.
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.