Named Executive Officer Compensation Disclosure for 2015–2016
This document outlines the compensation details for several named executive officers, including the President & CEO, Executive Vice Presidents, and Senior Vice Presidents. It specifies each officer's base salary, the bonus awarded for 2015, and the target bonus as a percentage of salary for 2016. The agreement provides transparency regarding executive pay but does not impose additional obligations or conditions beyond disclosure.
Exhibit 10.1
Compensation Information for Named Executive Officers
Robert Blum, President & CEO: base salary $595,000; 2015 bonus award $310,500; 2016 target bonus 60% of salary.
Sharon Barbari, Exec. Vice President, Finance & CFO: base salary $412,798; 2015 bonus award $144,983; 2016 target bonus 40% of salary.
Bonnie Charpentier, Sr. Vice President, Regulatory Affairs & Compliance: base salary $318,270; 2015 bonus award $95,983; 2016 target bonus 35% of salary.
David Cragg, Sr. Vice President, Human Resources: base salary $308,202; 2015 bonus award $92,903; 2016 target bonus 35% of salary.
Fady Malik, Exec. Vice President, Research and Development: base salary $449,694; 2015 bonus award $157,941; 2016 target bonus 40% of salary.