David Chang, M.D., Ph.D. is the CEO of Allogene Therapeutics, a company he co-founded in June 2018. With a strong background in biomedical sciences, he possesses both an M.D. and a Ph.D., which reflects his deep understanding of the life...

Number of Employees

361

Year

2023

Total Compensation

$994.60K

Salary

$724.00K

Board Justification

The compensation philosophy emphasizes a pay-for-performance structure, aligning executive compensation with company performance and retention strategies.

Bonus

$270.60K

Board Justification

The annual performance-based cash incentive for 2023 was based on the achievement of corporate goals, which were scored at 57.5%.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and stock options.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2023; the focus is on the total compensation excluding stock grants.

Performance Metrics

The performance metrics for 2023 included corporate goals related to clinical and operational objectives.

SEC Filing

From April 23, 2024

David Chang, M.D., Ph.D.

Founder and Ex-CEO of Allogene Therapeutics

DC

Education

M.D. and Ph.D.

Field of Expertise

Healthcare & Life Sciences - Biomedical

Born

January 1, 1978 - 47 years ago

Is Founder?

Yes

Tenure

4 years 10 months (Dec 2018 - Oct 2023)

Previous Experience

Chief Executive Officer of Allogene Therapeutics, Inc.