Sundar PichaiSundar Pichai earned $164M in 2023
P

Mark Gergen

Ex-CEO of Poseida Therapeutics, Inc.

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Born

January 1, 1972 - 53 years ago

Economy Sector

Healthcare

Tenure

1 year 8 months (Feb 2022 - Oct 2023)

Previous Experience

President and Chief Business Officer of Poseida Therapeutics, Inc.

Mark Gergen is the Chief Executive Officer of Poseida Therapeutics, Inc., a biotech company focused on developing innovative treatments. He took charge on February 1, 2022, following a leadership transition in the company. Gergen earned an MBA from Harvard Business...

Year

2023

Total Compensation

$961.80K

Salary

$611.67K

Board Justification

The compensation philosophy aligns with company performance and peer benchmarking, aiming to attract and retain top talent while incentivizing performance.

Bonus

$336.42K

Board Justification

The annual performance-based bonus for 2023 was based on achieving corporate goals set by the Board of Directors, with a target of 55% of annual base salary, resulting in a 100% payout due to meeting performance objectives.

Other

$13.71K

Board Justification

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

Restricted Stock

$0.00(0 N/A)

Board Justification

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

Performance Metrics

Performance metrics included corporate goals related to research and development, finance, and business development.