Sundar PichaiSundar Pichai earned $164M in 2023
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Jason Lettmann

CEO of ALX Oncology Holdings Inc.

Education

B.A. in Psychology from the University of Iowa and an M.B.A. from the University of Michigan's Ross School of Business

Field of Expertise

Business & Management

Economy Sector

Healthcare

Current Tenure

1 year 6 months (Sep 2023 - Present)

Previous Experience

Partner at Morgenthaler Ventures, former CEO of Promedior Inc.

Jason Lettmann is the CEO of ALX Oncology Holdings Inc., a biotech company focused on developing cancer treatments. He has a solid educational background with a B.A. in Psychology from the University of Iowa and an M.B.A. from the University...

Year

2023

Total Compensation

$487.62K

Salary

$217.33K

Board Justification

The compensation program is designed to attract, engage, and retain executive officers while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$119.00K

Board Justification

The annual target bonus for Mr. Lettmann was set at 55% of his annual base salary, prorated based on the number of days in 2023 during which he served as CEO.

Other

$151.29K

Board Justification

Includes $35,071 for board and committee service prior to his appointment as CEO and $116,219 for the non-employee director annual option award in June 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023 for Mr. Lettmann.

Performance Metrics

The performance metrics for Mr. Lettmann's bonus were based entirely on corporate goals.