George Scangos, Ph.D., served as the CEO of Vir Biotechnology, Inc. from January 2020 until April 2023, when he stepped down after a successful run. Dr. Scangos holds a Ph.D. in Biochemistry from the University of California, San Francisco, bringing...

Current Market Cap

$942.89M

Number of Employees

587

Total Compensation

2020 - 2023

Trending down by -52.29% last year
Showing total compensation for the last 2020 - 2023

Stock

Down by -48.06% last year

Salary

Down by -50.00% last year

Bonus

Down by -100.00% last year

Other

Up by 8.20% last year

Year

2023

Total Compensation

$1.80M

Salary

$325.00K

Board Justification

The compensation philosophy emphasizes alignment with company performance and retention of key executives during transitions.

Bonus

$0.00

Board Justification

Not eligible for payouts under the 2023 annual incentive plan due to the timing of departure.

Other

$13.20K

Board Justification

Includes matching contributions made under the 401(k) plan.

Restricted Stock

$1.46M(55K RSU)

Board Justification

55,000 shares of common stock vested in 2023 as part of his compensation package.

Performance Metrics

Not applicable as he was not eligible for performance-based compensation in 2023.

SEC Filing

From April 19, 2024

George Scangos, Ph.D.

Ex-CEO of Vir Biotechnology, Inc.

GS

Education

Ph.D. in Biochemistry from the University of California, San Francisco.

Field of Expertise

Healthcare & Life Sciences - Biotechnology

Born

June 9, 1958 - 66 years ago

Is Founder?

No

Tenure

3 years 2 months (Jan 2020 - Apr 2023)

Previous Experience

Former CEO of several biopharmaceutical companies, including Aileron Therapeutics and BioMarin Pharmaceutical.