Sundar PichaiSundar Pichai earned $164M in 2023
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Kevin Norrett

CEO of Codexis

Education

M.B.A. from University of California, Berkeley.

Field of Expertise

Healthcare & Life Sciences - Biotechnology

Born

January 1, 1977 - 48 years ago

Economy Sector

Healthcare

Current Tenure

2 years 5 months (Sep 2022 - Present)

Previous Experience

Various roles in biotechnology and pharmaceutical companies, including Chief Business Officer at Sierra Oncology.

Kevin Norrett is the Chief Operating Officer at Codexis, Inc., a biotechnology company focused on creating solutions for a more sustainable world. He has extensive experience in the biopharmaceutical industry, previously holding key positions like Chief Business Officer at Sierra...

Year

2023

Total Compensation

$822.60K

Salary

$468.00K

Board Justification

The compensation philosophy is designed to attract and retain talented individuals, aligning executive compensation with company performance and market competitiveness.

Bonus

$257.40K

Board Justification

The bonus was based on corporate performance metrics, with a target bonus percentage of 50% of annual base salary, adjusted to 110% of target based on performance achievement.

Other

$14.16K

Board Justification

Other compensation includes a cell phone stipend and 401(k) matching contributions.

Restricted Stock

$83.04K(41.73K RSU)

Board Justification

The vested stock represents restricted stock units that vested in 2023, with a total of 22,500 RSUs granted in February 2023, vesting in three equal installments over three years, subject to continued service.

Performance Metrics

Performance metrics for 2023 included strategic financial deliverables, product revenue, gross margin, and R&D revenue, with a maximum achievement level capped at 150%.