How Brust was paid
$10.1M 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 | Bonus | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|---|
| Bernd BrustChief Executive Officer | $388,863 | — | $7,660,000 | $1,460,000 | $425,343 | $195,502 | $10,129,708 |
| William E. Martin IIIFormer Chief Executive Officer | $345,000 | — | $2,603,552 | — | — | $896,711 | $3,845,263 |
| Raj AsarpotaChief Financial Officer | $253,366 | $200,000 | $2,172,500 | $483,333 | $195,137 | $202,457 | $3,506,793 |
| Kevin HerdeFormer Chief Financial Officer | $247,771 | — | $1,041,422 | — | — | $441,545 | $1,730,738 |
| Kurt OreshackSecretary and General Counsel | $455,442 | — | $781,065 | — | $225,320 | $9,150 | $1,470,977 |
| Christine DolanExecutive Vice President and General Manager, Cygnus | $450,966 | — | $650,889 | — | $343,193 | $9,150 | $1,454,198 |
| Peter Leddy, PhDChief Administrative Officer | $372,200 | — | $1,041,422 | — | $115,837 | $320,345 | $1,849,804 |
What changed and why
- $10.1MBernd Brust received total compensation of $10,129,708 for fiscal 2025 following his appointment as CEO.
- $3.8MWilliam E. Martin III served as former CEO and received total compensation of $3,845,263.
- $3.5MRaj Asarpota joined as Chief Financial Officer and received total compensation of $3,506,793.
- 80.9%Say-on-pay support was 80.9% at the prior annual meeting.
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.