Daniel Faga is the President and CEO of AnaptysBio, Inc., a biotech company known for developing innovative treatments. He has a solid educational background with a B.S. in Engineering and an M.B.A. in Healthcare Management. Faga stepped into the CEO role in 2023 after serving as Interim President since March 2022. His experience spans over 20 years in the life sciences sector, where he held positions such as Chief Operating Officer at Mirati Therapeutics and Chief Business Officer at Spark Therapeutics. Under his leadership, AnaptysBio focuses on creating groundbreaking therapies, particularly for inflammation and immune-related conditions. Notably, his compensation package includes a $1.5 million transition bonus, which reflects a strong financial incentive tied to performance metrics.

AnaptysBio, Inc.March 2022 - September 2023

Current Market Cap

$551.02M

Number of Employees

117

Total Compensation

2022 - 2023

Trending down by -16.21% last year

Showing total compensation for the last 2022 - 2023

Stock

Down by -100.00% last year

Salary

Up by 6.13% last year

Bonus

Up by 6.13% last year

Other

Down by -100.00% last year

2023 2022

Year

2023

Total Compensation

$992.94K

Salary

$640.61K

Board Justification

The compensation program is designed to reward executive officers at a level consistent with overall strategic and financial performance, with a significant portion tied to performance metrics and stockholder returns.

Bonus

$352.33K

Board Justification

The annual target cash bonus opportunity of up to 55% of base salary, earned based on the achievement of specified performance goals for 2023.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary and bonus for 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

Performance metrics for the 2023 cash bonus plan included corporate goals related to clinical trials and financial management.

SEC Filing

From April 24, 2024

View SEC Filing

Daniel Faga

Ex-CEO of AnaptysBio, Inc.

Education

B.S. in Engineering, M.B.A. in Healthcare Management

Field of Expertise

Business & Management

Born

May 1, 1978 - 46 years ago

Is Founder?

Tenure

1 year 5 months (Mar 2022 - Sep 2023)

Previous Experience

Chief Operating Officer at Mirati Therapeutics, Chief Business Officer at Spark Therapeutics

View Holdings

Insider Holdings of Daniel Faga

ANAB

$8.34M

-$10.72M (-56.25%)

Last Insider Trade

ANAB

$64.27K

ANAB at $21.42/share

Mar 22, 2024

Sale

Predecessor

Hamza Suria

January 2018 - March 2022

Successor

None