Sundar PichaiSundar Pichai earned $164M in 2023
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Alex G. Howarth

Ex-CEO of Madrigal Pharmaceuticals, Inc.

Economy Sector

Healthcare

Tenure

7 years 7 months (Jul 2016 - Mar 2024)

Previous Experience

CFO of Madrigal Pharmaceuticals, Inc.

Alex G. Howarth has been the CEO of Madrigal Pharmaceuticals, Inc. since July 2016. During his time, the company has focused heavily on research and development in the fast-paced biopharmaceutical industry. Under Alex's leadership, Madrigal has achieved significant milestones, including...

Year

2023

Total Compensation

$1.66M

Salary

$875.00K

Board Justification

The compensation philosophy is designed to align with strategic goals and stockholder interests, ensuring competitive compensation to attract and retain top talent while rewarding performance.

Bonus

$268.00K

Board Justification

The bonus is based on the achievement of performance objectives set at 122.5% of the target bonus amount for 2023.

Other

$520.00K

Board Justification

A one-time sign-on cash bonus of $520,000 was provided to Mr. Sibold upon his appointment as CEO.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the RSUs and PSUs granted to Mr. Sibold are subject to time-based and performance-based vesting, respectively.

Performance Metrics

Performance metrics include clinical, research and development, commercial development, and finance objectives.