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...

Current Market Cap

$4.88B

Number of Employees

2.1K

Total Compensation

2007 - 2009

Trending up by 95.61% last year
Showing total compensation for the last 2007 - 2009

Stock

Down by -100.00% last year

Salary

Up by 7.91% last year

Bonus

Down by -100.00% last year

Other

Up by 15250.00% last year

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.

SEC Filing

From July 29, 2010

David A. Broecker

Ex-CEO of Alkermes

DA

Education

Not specified

Field of Expertise

Born

January 1, 1962 - 62 years ago

Is Founder?

No

Tenure

0 years 10 months (Feb 2009 - Dec 2009)

Previous Experience

President and Chief Executive Officer of Alkermes, Inc.