Sundar PichaiSundar Pichai earned $164M in 2023
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John Kuch

Ex-CEO of Xencor

Education

MBA from a recognized business school

Field of Expertise

Finance & Banking - Finance

Born

May 1, 1958 - 66 years ago

Economy Sector

Healthcare

Tenure

8 years 2 months (Jan 2016 - Apr 2024)

Previous Experience

CFO at various biotech companies

John Kuch is the CEO of Xencor, a biotech company known for its innovative treatments. He holds an MBA and has a strong background in finance, gained from over 15 years in public accounting and significant experience with prominent firms...

Year

2023

Total Compensation

$1.06M

Salary

$468.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$179.00K

Board Justification

The annual performance-based bonus was calculated based on the target bonus percentage of 45% of base salary and the achievement of corporate goals at 85% for the year 2023.

Other

$9.25K

Board Justification

This includes term life and disability insurance premiums paid by the company on behalf of the CEO, as well as matching contributions made under the 401(k) plan.

Restricted Stock

$400.00K(12.01K RSU)

Board Justification

The RSUs granted in 2023 vested in equal installments over three years, with the first third vesting on the first anniversary of the grant date.

Performance Metrics

The performance metrics for the CEO's compensation are based on the achievement of corporate goals set by the Board, with a specific focus on financial and operational performance.