Genelux (GNLX) executive compensation, 2025 proxy

Thomas D. Zindrick, J.D., President and Chief Executive Officer, was paid $1.5M in 2024, down 76% from $6.2M the year before.

Filed
July 11, 2025
Annual meeting
August 27, 2025
Pay year
2024
Named executives
3
CEO total pay
$1.5M-76% vs prior year
CEO pay in equity
59%$875,199 in awards
CEO bonus opportunity
55%Maximum annual discretionary bonus
CEO 2024 base salary
$595,000
CFO 2024 total
$595,018Lourie Zak
CTO 2024 total
$601,814Joseph Cappello
CEO 2025 base salary
$613,000Effective January 1, 2025
Zak separation payment
Approximately $180,000Six months of base salary

How J.D. was paid

$1.5M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary40%Stock awards36%Option awards23%All other compensation0%

Named executive officers

ExecutiveTotal
Thomas D. Zindrick, J.D.President and Chief Executive Officer$1,473,247
Lourie ZakFormer Chief Financial Officer$595,018
Joseph Cappello, Ph.D.Chief Technical Officer$601,814

What changed and why

  • $1.5M$1,473,247 was CEO total compensation in 2024, down from $6,201,963 in 2023.
  • $338K$338,257 in option awards and $536,942 in stock awards were reported for the CEO in 2024.
  • $595K$595,000 was the CEO’s 2024 base salary; the Board increased it to $613,000 effective January 1, 2025.
  • 55%55% was the CEO’s maximum annual discretionary bonus opportunity.
  • December 2024 grants included stock options and restricted stock units for each named executive officer.
  • $180K$180,000 was approximately the six-month base-salary separation payment for former CFO Lourie Zak.

Other Genelux proxy statements

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.