Named Executive Officer Compensation Disclosure for 2014–2015
This document outlines the compensation details for the company's named executive officers, including the President & CEO, Executive Vice President & CFO, and several Senior Vice Presidents. It specifies each officer's base salary, the bonus awarded for 2014, and the target bonus as a percentage of salary for 2015. 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 $575,000; 2014 bonus award $323,010; 2015 target bonus 60% of salary.
Sharon Barbari, Exec. Vice President, Finance & CFO: base salary $402,730; 2014 bonus award $153,440; 2015 target bonus 40% of salary.
David Cragg, Sr. Vice President, Human Resources: base salary $294,930; 2014 bonus award $95,459; 2015 target bonus 35% of salary.
Fady Malik, Sr. Vice President, Research and Development: base salary $417,835; 2014 bonus award $131,891; 2015 target bonus 40% of salary.
Andrew Wolff, Sr. Vice President, Chief Medical Officer: base salary $388,000; 2014 bonus award $85,000; 2015 target bonus 35% of salary.
