How Ph.D. was paid
$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 |
|---|---|---|---|---|---|
| W. Marc Hertz, Ph.D.President and Chief Executive Officer | $575,900 | $274,738 | $158,373 | $18,209 | $1,027,220 |
| Leanne KellyChief Financial Officer | $384,300 | $109,985 | $76,860 | $13,577 | $584,722 |
| Vipin Kumar, Ph.D.Chief Scientific Officer | $384,300 | $109,985 | $76,860 | $7,942 | $579,087 |
What changed and why
- $1M2025 CEO total compensation was $1,027,220, up from $617,224 in 2024, primarily reflecting option awards.
- $275K2025 option awards were valued at $274,738 for the CEO and $109,985 each for the CFO and CSO.
- $158KAnnual performance bonuses were $158,373 for the CEO and $76,860 each for the CFO and CSO.
- 55%Target bonuses were 55% of the CEO’s salary and 40% for each other named executive.
- $576KBase salaries were $575,900 for the CEO and $384,300 for each other named executive.
- Option awards granted in 2025 vested partly at grant and partly quarterly over three years.
Other GRI Bio proxy statements
- 2025 proxy statement
W. Marc Hertz, Ph.D. paid $617,224 (-21% on the year).
Filed Jul 11, 2025
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.