Sundar PichaiSundar Pichai earned $164M in 2023

Dr. A. Bruce Montgomery, also known as Bruce, has been making waves in the biotech industry for over 25 years. He joined the board of Xencor, Inc. in March 2015 and has impressive experience in drug development and operations. He...

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A. Bruce Montgomery, M.D.

Ex-CEO of Xencor

Education

M.D. from a recognized medical school

Field of Expertise

Healthcare & Life Sciences - Medicine

Sector of Economy

Healthcare

Born

January 1, 1957 - 68 years ago

CEO of Xencor for

0 years 9 months (Mar 2015 - Jan 2016)

Previous Experience

Former CEO of several biotech companies

Rivals

Competitors/colleagues of A. Bruce Montgomery, M.D.

Holdings

See how much did A. Bruce Montgomery, M.D. make over time.

Dr. Montgomery's insider trading activities reveal a dynamic approach to his investments. In June 2023, he reported holdings valued at $381.34K, and this value fluctuated over the months, hitting a low of $274.14K in November 2023, before climbing back up...

Total Stock Sold

$431.64K

XNCR

$431.64K

16,575 XNCR shares

What if they kept their stock?

If A. Bruce Montgomery, M.D. didn't sell their stock, today they would have:
Extra XNCR16,575 shares worth $489.63K.
This is 13.43% and $57.99K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of A. Bruce Montgomery, M.D..

XNCR

$397.92K

XNCR at $27.03/share

Dec 2, 2024

Sale

XNCR

$38.32K

XNCR at $20.68/share

Sep 27, 2024

Sale

XNCR

5,986 shares

XNCR

Jun 13, 2024

Received

XNCR

5,007 shares

XNCR

Jun 20, 2023

Received

Compensation History

See how much did A. Bruce Montgomery, M.D. make over time.

In 2016, Dr. Montgomery's total reported compensation at Xencor was an eye-catching $720,809, which included a $480,000 salary and a $240,000 bonus. This bonus is tied to how well the company meets its corporate goals and his personal performance. He didn’t receive any stock awards that year, as his compensation primarily came from salary and options, which are a more direct incentive tied to the company's performance. This aligns well with the company's focus on rewarding results and performance. The structure of his compensation, with a significant emphasis on bonuses for achieving corporate objectives, reflects a drive toward aligning personal success with the company's success and shareholder value.

Year

2016

Total Compensation

$720.81K

Salary

$480.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$240.00K

Board Justification

The bonus is based on the achievement of corporate goals and individual performance metrics, with a target bonus of 50% of base salary, and a maximum bonus opportunity of 65%.

Other

$809.00

Board Justification

Other compensation includes term life and disability insurance premiums paid by the company.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were vested in 2016 as the focus is on options and performance-based bonuses.

Performance Metrics

Performance metrics include corporate goals related to clinical development, research, and business objectives.

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