Sundar PichaiSundar Pichai earned $164M in 2023
V

Andrew Guggenhime

CEO of Vaxcyte, Inc.

Education

B.A. in International Politics and Economics from Middlebury College; M.B.A. from the J.L. Kellogg Graduate School of Management at Northwestern University

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1968 - 57 years ago

Economy Sector

Healthcare

Current Tenure

4 years 2 months (Jan 2021 - Present)

Previous Experience

Chief Financial Officer at Dermira, Inc., Chief Operating Officer at Dermira, Chief Financial Officer at CardioDx, Inc., Chief Financial Officer at Calistoga Pharmaceuticals, Inc., Senior Vice President and Chief Financial Officer at Facet Biotech Corporation, Chief Financial Officer at PDL BioPharma, Inc.

Andrew Guggenhime has been Vaxcyte's President and Chief Financial Officer since May 2020 and took on the role of CEO in January 2021. With an academic background that includes a B.A. in International Politics and Economics from Middlebury College and...

Year

2023

Total Compensation

$1.76M

Salary

$517.00K

Board Justification

The compensation philosophy aims to attract and retain top talent, align executive compensation with company performance, and ensure competitive pay through peer benchmarking.

Bonus

$290.81K

Board Justification

The annual performance-based bonus earned for 2023 was based on the achievement of corporate performance goals, resulting in a payout of 125% of the target bonus opportunity.

Other

$13.00K

Board Justification

Other compensation includes life insurance premiums and 401(k) matching contributions.

Restricted Stock

$937.58K(22.5K common stock)

Board Justification

The stock award granted in 2023 that vested includes 22,500 shares of common stock, which vest over a period of time with 1/4 vesting on the six-month anniversary of the grant date and additional shares vesting semi-annually thereafter.

Performance Metrics

The performance metrics for 2023 included achieving corporate goals related to product development and financial objectives.