How Khattar was paid
$15.5M 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 | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Jack A. KhattarChief Executive Officer, President & Secretary | $1,036,000 | $6,535,029 | $7,031,545 | $846,930 | $52,053 | $15,501,557 |
| Timothy C. DecSenior Vice President, Chief Financial Officer | $504,900 | $315,040 | $822,429 | $233,894 | $40,146 | $1,916,409 |
| Jonathan Rubin, MDSenior Vice President, Chief Medical Officer Research and Development | $485,100 | $315,040 | $411,214 | $197,843 | $39,534 | $1,448,731 |
| Padmanabh P. Bhatt, Ph.D.Senior Vice President, Intellectual Property, Chief Scientific Officer | $455,900 | $315,040 | $411,214 | $168,182 | $41,093 | $1,391,429 |
| Frank MottolaSenior Vice President, Chief Technical Operations Officer | $412,500 | $315,040 | $411,214 | $173,910 | $48,037 | $1,360,701 |
What changed and why
- $15.5MCEO total compensation increased to $15,501,557 in fiscal 2025.
- 96%Stockholders voted overwhelmingly in favor of executive compensation with more than 96% support.
- CEO performance is measured directly against corporate objectives and financial metrics.
- Independent compensation consultant Aon reviewed executive compensation programs to ensure alignment.
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.