Sundar PichaiSundar Pichai earned $164M in 2023
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Dr. Stuart W. Peltz

Founder and Ex-CEO of PTC Therapeutics

Education

Ph.D. in Molecular Biology from the University of Pennsylvania

Field of Expertise

Healthcare & Life Sciences - Biotechnology

Born

January 1, 1963 - 62 years ago

Economy Sector

Healthcare

Tenure

10 years 2 months (Jan 2013 - Mar 2023)

Previous Experience

Founder and CEO of PTC Therapeutics, Inc. since its inception.

Dr. Stuart W. Peltz is a seasoned leader in the biotechnology industry, having co-founded PTC Therapeutics, Inc. and serving as its CEO since its inception in 1998 until March 2023. He holds a Ph.D. in Molecular Biology from the University...

Year

2023

Total Compensation

$2.89M

Salary

$188.03K

Board Justification

The compensation philosophy focuses on aligning executive compensation with company performance and shareholder interests, with a significant portion being 'at risk'.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 due to retirement before the bonus payout period.

Other

$608.87K

Board Justification

Includes payments for accrued but unused vacation days and payments under the Consulting Agreement.

Restricted Stock

$2.09M(53K RSU)

Board Justification

53,000 restricted stock units vested in 2023, granted prior to retirement.

Performance Metrics

Performance metrics included achieving corporate goals related to financial performance, commercial success, and advancing clinical programs.