David Pyott has a wide background in the pharmaceutical industry, serving as CEO of Allergan, where he made significant changes for about 17 years. With a Master of Arts from the University of Edinburgh, he has spent over 30 years...

Current Market Cap

$775.19M

Number of Employees

158

Total Compensation

2021 - 2022

Trending up by 310.17% last year
Showing total compensation for the last 2021 - 2022

Stock

Up by 0.00% last year

Salary

Up by 9.73% last year

Bonus

Up by 4.50% last year

Other

Up by 339.68% last year

Year

2022

Total Compensation

$3.65M

Salary

$610.30K

Board Justification

The compensation philosophy is market-based, aligning cash compensation at or around the 50th percentile and equity compensation between 50th and 75th percentiles of the market data, enabling executive officers to share in the Company’s long-term success.

Bonus

$335.67K

Board Justification

Annual cash incentive based on corporate performance goals for 2023.

Other

$51.00K

Board Justification

Includes matching contributions under the 401(k) plan and personal travel reimbursements.

Restricted Stock

$2.65M(146.3K RSU)

Board Justification

RSUs granted under the 2020 Stock Option and Incentive Plan, vesting in three equal annual installments beginning January 16, 2023.

Performance Metrics

Performance metrics for 2023 included pre-clinical, clinical, regulatory, and program-related metrics (70% weight) and financial and operational metrics (30% weight).

SEC Filing

From April 26, 2023

David Pyott

Ex-CEO of Pliant Therapeutics

DP

Education

Diploma in International and European Law from the University of Amsterdam; Honorary Degree in Medicine; Master of Arts degree from the University of Edinburgh; MBA from the London Business School

Field of Expertise

Born

January 1, 1957 - 67 years ago

Is Founder?

No

Tenure

1 year 10 months (Jan 2021 - Nov 2022)

Previous Experience

Chairperson and Chief Executive Officer of Allergan, Inc.; Head of Novartis Nutrition Division; Member of Executive Committee of Novartis AG