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Rahul Singhvi served as the CEO of Novavax from 2005 until 2011. During his time at Novavax, he played a significant role in the company's vaccine development. He was known for earning a total compensation of over $1.2 million in...

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Rahul Singhvi

Ex-CEO of Novavax

Sector of Economy

Healthcare

CEO of Novavax for

6 years 0 months (Apr 2005 - Apr 2011)

Previous Experience

Unknown

Holdings

See how much did Rahul Singhvi make over time.

During his time at Novavax, Rahul Singhvi had a significant influence on the company’s stock performance. At one point, he held stock options with a potential value of over $2 million if the company’s stock price rose. His options included...

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Insider Trading

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Compensation History

See how much did Rahul Singhvi make over time.

Rahul Singhvi's compensation throughout his tenure at Novavax varied greatly. His earnings peaked in 2006 at over $1.1 million, including a base salary of $337,510 and significant stock options. In 2010, his compensation was impacted by a lower performance metric, showing that bonuses could fluctuate based on company results. Notably, he was awarded no bonuses for 2008 due to the company’s weakened financial state. His most challenging year was 2011, when his total earnings were only around $1.2 million, largely due to his separation from the company. Singhvi's compensation highlights the close link between performance, company health, and executive pay in the biotech sector.

Year

2011

Total Compensation

$1.22M

Salary

$454.55K

Board Justification

The compensation philosophy is designed to attract, retain, and reward a performing workforce in a competitive market, aligning compensation with company performance and individual contributions.

Bonus

$0.00

Board Justification

No bonus was awarded as Dr. Singhvi's employment ended on April 19, 2011.

Other

$761.49K

Board Justification

This includes severance payments and accrued vacation pay upon termination of employment.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2011 as Dr. Singhvi's employment ended before any awards could vest.

Performance Metrics

The performance metrics for Dr. Singhvi's compensation were based on the achievement of corporate objectives and individual performance evaluations.

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