Sundar PichaiSundar Pichai earned $164M in 2023
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Thomas Gad

Founder and Ex-CEO of Y-mAbs Therapeutics, Inc.

Education

MBA from Harvard Business School

Field of Expertise

Business & Management - Business Development

Born

January 1, 1962 - 63 years ago

Economy Sector

Healthcare

Tenure

1 year 6 months (Apr 2022 - Nov 2023)

Previous Experience

Founder of Y-mAbs Therapeutics, Inc. and has extensive experience in business development and strategy in the biopharmaceutical industry.

Thomas Gad is the Interim Chief Executive Officer of Y-mAbs Therapeutics, Inc., where he has been instrumental in developing innovative cancer treatments. He founded the company back in April 2015, motivated by his daughter’s battle with high-risk neuroblastoma, which adds...

Year

2023

Total Compensation

$1.11M

Salary

$664.90K

Board Justification

The compensation philosophy aims to attract, retain, and motivate superior executive talent while aligning executives' interests with those of stockholders through performance-based incentives.

Bonus

$362.37K

Board Justification

Performance-based annual cash incentive compensation based on achieving predetermined performance targets for 2023, resulting in a payout percentage of 109% of the target bonus.

Other

$84.36K

Board Justification

Other compensation includes a monthly housing allowance and accident insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus was on cash compensation and options granted.

Performance Metrics

Performance metrics include financial and operational targets aligned with the company's long-term goals.