How Ciaffoni was paid
$18.5M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Joe CiaffoniChief Executive Officer | $680,114 | — | $15,319,404 | $2,100,000 | $401,696 | $18,501,214 |
| Mark CrossleyFormer Chief Executive Officer | $902,261 | — | $162,518 | $2,054,522 | $66,290 | $3,185,591 |
| Ryan PreblickChief Financial Officer | $558,820 | — | $2,303,067 | $670,584 | $59,922 | $3,592,393 |
| Christian HeidbrederChief Scientific Officer | $652,628 | — | $2,689,676 | $783,154 | $57,090 | $4,182,548 |
| Pat BarryChief Commercial Officer | $408,333 | $300,000 | $3,247,375 | $840,000 | $110,036 | $4,905,744 |
| Jeff BurrisChief Legal Officer | $569,001 | — | $2,337,861 | $569,000 | $45,353 | $3,521,215 |
| Richard SimkinFormer Chief Commercial Officer | $325,008 | — | $2,968,661 | $448,778 | $274,869 | $4,017,316 |
What changed and why
- $18.5MJoe Ciaffoni became Chief Executive Officer on May 8, 2025, receiving total compensation of $18,501,214.
- $1.24BTotal net revenue increased 4% year-over-year to $1.24 billion, driven by SUBLOCADE.
- $856MSUBLOCADE net revenue grew 13% year-over-year to a record $856 million.
- $428MAdjusted EBITDA increased 20% year-over-year to $428 million with a 35% margin.
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.