How Ph.D. was paid
$2.6M 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 |
|---|---|---|---|---|---|---|---|
| Adam R. Craig, M.D., Ph.D., M.B.A.Executive Chairman | $179,629 | — | — | $6,410,958 | $114,479 | — | $6,705,205 |
| Paula Ragan, Ph.D.Former President and Chief Executive Officer | $420,170 | — | $1,081,575 | — | — | $1,138,824 | $2,640,569 |
| John Volpone, M.B.A.President and Chief Operating Officer | $176,538 | — | — | $6,410,958 | $75,006 | $4,985 | $6,667,487 |
| David KirskeChief Financial Officer, Treasurer and Corporate Secretary | $194,192 | $120,000 | — | $4,181,040 | $103,133 | — | $4,599,266 |
What changed and why
- $2.6MPaula Ragan served as President and CEO until August 11, 2025, receiving total compensation of $2,640,569.
- $6.7MAdam R. Craig was appointed Executive Chairman on August 11, 2025, with total compensation of $6,705,205.
- $6.7MJohn Volpone was appointed President and Chief Operating Officer, earning total compensation of $6,667,487.
- $4.6MDavid Kirske joined as Chief Financial Officer and received total compensation of $4,599,266.
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.