How Leonard was paid
$7M 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 | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Frank LeonardChief Executive Officer | $570,000 | $4,999,993 | $1,001,020 | $389,644 | $14,672 | $6,975,329 |
| Ashley CordovaFormer Chief Executive Officer | $901,837 | $8,249,965 | $2,752,814 | $811,653 | $482,085 | $13,198,354 |
| Christoph BrackmannChief Financial Officer | $541,102 | $1,999,991 | $1,001,020 | $324,661 | $296,624 | $4,163,398 |
| Nicholas LeupinFormer Chief Medical Officer | $553,151 | $1,999,991 | $1,001,020 | $276,575 | $168,304 | $3,999,041 |
| Michael PuriChief Human Resources Officer | $511,089 | $1,999,991 | $1,001,020 | $255,545 | $166,248 | $3,933,893 |
| Uri WeinbergChief Medical and Innovation Officer | $541,102 | $1,999,991 | $1,001,020 | $270,551 | $347,281 | $4,159,945 |
What changed and why
- Frank Leonard became Chief Executive Officer on December 1, 2025, succeeding Ashley Cordova who resigned on November 30, 2025.
- $7MFrank Leonard received total compensation of $6,975,329 for fiscal 2025 compared to $5,823,930 in the prior year.
- $13.2MAshley Cordova received total compensation of $13,198,354 for fiscal 2025, which included amounts related to share and option awards expensed upon her resignation.
- $12.5MThe pay ratio of the CEO to the median employee was 84 to 1 based on an annualized CEO compensation of $12,501,658.
- 97.5%Shareholders expressed strong support for executive compensation with 97.5% of votes cast in favor at the 2025 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.