Sundar PichaiSundar Pichai earned $164M in 2023

John L. Higgins, born in 1968, has an impressive background in finance and a strong grip on corporate leadership. He graduated with an A.B. in Economics from Colgate University. Higgins has been driving Ligand Pharmaceuticals as its CEO since January...

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John L. Higgins

CEO of Ligand Pharmaceuticals

Education

A.B. in Economics from Colgate University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

CEO of Ligand Pharmaceuticals for

18 years 2 months (Jan 2007 - Present)

Previous Experience

Chief Financial Officer, Executive Vice President, Finance, Administration and Corporate Development at Connectics Corporation

Rivals

Competitors/colleagues of John L. Higgins

Holdings

See how much did John L. Higgins make over time.

During his time at Ligand Pharmaceuticals, John L. Higgins had substantial stakes in the company, especially during his peak years. His wealth has seen significant fluctuations; for instance, in 2018, he held over $3.5 million in vested stock, reflecting his...

Mar 18, 2025

Total Stock Sold

$62.32M

LGND

$60.20M

402,831.667 LGND shares

TECH

$2.13M

127,216 TECH shares

What if they kept their stock?

If John L. Higgins didn't sell their stock, today they would have:
Extra LGND402,831.667 shares worth $33.44M and TECH127,216 shares worth $6.33M.
This is -36.19% and $22.55M less than what they got when they sold the stock.

Charitable Transactions

LGND

2,502 shares

LGND

Recent Charitable Transactions

LGND

2,502 shares

LGND

Dec 31, 2021

Charity

Insider Trading

See recent insider trades of John L. Higgins.

TECH

$335.38K

TECH at $83.84/share

May 14, 2024

Sale

TECH

1,625 shares

TECH

Oct 26, 2023

Received

LGND

$618.66K

LGND at $61.87/share

Dec 16, 2022

Sale

LGND

$783.17K

LGND at $78.32/share

Nov 17, 2022

Sale

LGND

45,922 shares

LGND

Nov 1, 2022

Received

Compensation History

See how much did John L. Higgins make over time.

In 2022, John L. Higgins's reported compensation was $730,455, primarily his salary, as he retired at the end of that year. His pay structure over the years has been aligned closely with the performance of Ligand Pharmaceuticals. For instance, in 2021, he earned a total of $1,223,438, which included a bonus based on achieving corporate targets. His highest compensation was in 2018, amounting to $6,306,833, driven largely by his efforts in revenue growth and corporate milestones. Historically, bonus payments had a target of up to 75% of his salary, reflecting the company's performance-based philosophy. This compensation strategy emphasizes rewarding executives for tangible company achievements rather than guaranteed payouts, demonstrating a commitment to aligning interests with shareholder value.

Year

2022

Total Compensation

$730.46K

Salary

$730.46K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with corporate objectives and stockholder interests.

Bonus

$0.00

Board Justification

Mr. Higgins was not eligible for a 2022 annual bonus as he retired from his role as Chief Executive Officer effective December 5, 2022.

Other

$0.00

Board Justification

No other compensation was reported for Mr. Higgins in 2022.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were reported as vested for Mr. Higgins in 2022.

Performance Metrics

The performance metrics for the executive compensation program include financial performance, strategic initiatives, and corporate objectives.