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Stanley C. Erck is the President and CEO of Novavax, Inc., a biotechnology company known for developing vaccines against infectious diseases. He joined Novavax in 2011 and has been a significant figure in the company’s journey, especially in the context...

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Stanley C. Erck

CEO of Novavax

Sector of Economy

Healthcare

CEO of Novavax for

13 years 11 months (Apr 2011 - Present)

Previous Experience

President, Chief Executive Officer and Director of Iomai Corporation

Holdings

See how much did Stanley C. Erck make over time.

Stanley C. Erck has had notable fluctuations in his stock holdings during his tenure at Novavax. At his peak during the COVID-19 vaccine frenzy, his stock sales reached upwards of $12 million, showcasing serious insider trading activity. He has sold...

Mar 17, 2025

Total Stock Sold

$93.25M

NVAX

$93.25M

312,407.91 NVAX shares

What if they kept their stock?

If Stanley C. Erck didn't sell their stock, today they would have:
Extra NVAX312,407.91 shares worth $5.37M.
This is -94.24% and $87.88M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Stanley C. Erck.

NVAX

$7.52M

NVAX at $175.55/share

Oct 4, 2021

Sale

NVAX

$8.66M

NVAX at $176.63/share

Oct 1, 2021

Sale

NVAX

$22.58M

NVAX at $214.68/share

Jul 1, 2021

Sale

NVAX

$4.73M

NVAX at $90.33/share

Nov 16, 2020

Sale

NVAX

$1.37M

NVAX at $111.71/share

Sep 30, 2020

Sale

NVAX

$3.23M

NVAX at $110.91/share

Sep 28, 2020

Sale

NVAX

$164.62K

NVAX at $1.65/share

May 14, 2018

Purchase

NVAX

$113.05K

NVAX at $1.13/share

Nov 9, 2017

Purchase

Compensation History

See how much did Stanley C. Erck make over time.

In 2023, Stanley C. Erck’s total compensation was approximately $3.8 million, which marks a significant decline as he approaches retirement. His salary was $50,897, with the bulk of his compensation coming from other sources, primarily consulting fees and accrued vacation payouts. This contrast with his prior years, especially in 2022 when he earned over $1 million and the preceding years where bonuses often exceeded $300,000. The structure of his pay reflects a typical executive compensation philosophy aimed at retaining skilled leaders through performance-based incentives linked to the company’s goals. Overall, as he shifts towards retirement, the financial compensation illustrates a transition from active leadership towards advisory contributions.

Year

2023

Total Compensation

$4.01M

Salary

$50.90K

Board Justification

The compensation philosophy is designed to attract and retain highly qualified executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was awarded to Stanley C. Erck for 2023 due to his retirement.

Other

$3.83M

Board Justification

Other compensation includes consulting fees and accrued but unused paid time off payable upon retirement.

Restricted Stock

$129.78K(20.79K RSU)

Board Justification

The vested stock represents restricted stock units (RSUs) that vested in 2023.

Performance Metrics

The performance metrics for 2023 included company revenue and strategic goals related to product delivery and financial strength.

Other Novavax CEOs

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