Stephen R. Davis has been leading Acadia Pharmaceuticals Inc. as their President and CEO since September 2015, bringing over 20 years of experience in the pharmaceutical sector. Before taking the helm at Acadia, he was the Executive VP and COO...

Number of Employees

610

Year

2023

Total Compensation

$5.64M

Salary

$862.12K

Board Justification

The compensation philosophy is designed to align executive compensation with business objectives and corporate performance, attract and retain talent, and link compensation with stockholder interests through long-term incentives.

Bonus

$886.18K

Board Justification

The bonus is based on the achievement of corporate performance goals, with a target bonus of 80% of base salary, resulting in a payout of approximately 129% of target for 2023.

Other

$30.57K

Board Justification

Other compensation includes employer contributions to the 401(k) plan and other benefits.

Restricted Stock

$3.87M(295.5K RSU)

Board Justification

The vested stock consists of restricted stock units (RSUs) that were granted and vested in 2023.

Performance Metrics

The performance metrics for 2023 included net product sales of NUPLAZID and DAYBUE, NDA approvals, and other strategic goals.

SEC Filing

From April 26, 2024

Stephen R. Davis

CEO of Acadia Pharmaceuticals

A

Education

Not specified

Field of Expertise

Born

January 1, 1961 - 64 years ago

Is Founder?

No

Current Tenure

9 years 4 months (Sep 2015 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer at Heron Therapeutics, Inc.