Sundar PichaiSundar Pichai earned $164M in 2023
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David A. Broecker

Ex-CEO of Alkermes

Education

Not specified

Born

January 1, 1962 - 63 years ago

Economy Sector

Healthcare

Tenure

2 years 3 months (May 2007 - Sep 2009)

Previous Experience

Not specified

David A. Broecker was the CEO of Alkermes Inc., a biopharmaceutical company, from 2007 to 2009. He stepped up from being the President and COO, showing a clear career progression within the company. Before joining Alkermes, he worked at Eli...

Year

2009

Total Compensation

$1.66M

Salary

$509.62K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate experienced executives, aligning compensation with company performance and peer benchmarking.

Bonus

$0.00

Board Justification

No bonus was awarded for the fiscal year 2009.

Other

$1.15M

Board Justification

Severance payment of $1,151,250 as part of the separation agreement.

Restricted Stock

$0.00(0 Restricted Stock Units (RSUs))

Board Justification

No stock was vested in 2009 as the stock awards were cancelled upon resignation.

Performance Metrics

Performance metrics included achieving corporate objectives related to product commercialization and financial performance.