Sundar PichaiSundar Pichai earned $164M in 2023
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Stanley C. Erck

CEO of Novavax

Economy Sector

Healthcare

Current Tenure

13 years 9 months (Apr 2011 - Present)

Previous Experience

President, Chief Executive Officer and Director of Iomai Corporation

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...

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.