Sundar PichaiSundar Pichai earned $164M in 2023
V

Grant Pickering

CEO of Vaxcyte, Inc.

Economy Sector

Healthcare

Current Tenure

4 years 10 months (May 2020 - Present)

Previous Experience

Prior to joining Vaxcyte, Grant Pickering served as the Chief Executive Officer of another biopharmaceutical company and has extensive experience in the industry.

Grant Pickering has been the CEO of Vaxcyte, Inc. since May 2020. His leadership is anchored in the biopharmaceutical field, focusing on developing new vaccines and therapies. Under his guidance, the company has achieved significant milestones, particularly with the VAX-24...

Year

2023

Total Compensation

$1.13M

Salary

$640.00K

Board Justification

The compensation philosophy emphasizes a pay-for-performance approach, aligning executive compensation with company performance and shareholder interests, while considering market competitiveness and retention strategies.

Bonus

$480.00K

Board Justification

The annual performance-based bonus earned for 2023 was based on achieving corporate performance goals, with a payout of 125% of the target bonus due to significant progress made on objectives.

Other

$14.48K

Board Justification

Other compensation includes life insurance premiums and 401(k) matching contributions.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics for 2023 included achieving corporate goals related to clinical trials and financial objectives.