How Ph.D. was paid
$493,388 in total for fiscal 2024, 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 | Total |
|---|---|---|
| Peter Altman, Ph.D.President, Chief Executive Officer, and Director | $493,388 | $493,388 |
| David McClungChief Financial Officer | $354,942 | $354,942 |
| Edward GillisSenior Vice President, Devices | $251,804 | $251,804 |
What changed and why
- $493K$493,388: CEO total compensation in 2024, down from $862,836 in 2023.
- $423K$423,476: CEO compensation actually paid in 2024, compared with $600,059 in 2023.
- 50%$531,000: CEO’s current annual base salary, with a target annual bonus equal to 50% of base salary.
- $0$0: Stock and option awards reported for all named executives in 2024.
- $303K$303,373: Average 2024 Summary Compensation Table total for non-PEO named executives.
- No stock options were issued to executive officers during 2024.
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.