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Anthony S. Marucci, born on July 1, 1972, holds an MBA from the Wharton School at the University of Pennsylvania and a Biology degree from the same university. He has been at the helm of Celldex Therapeutics, Inc. since 2013,...

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Anthony S. Marucci

Founder and CEO of Celldex Therapeutics

Education

MBA from Columbia University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

Born

May 14, 1967 - 57 years ago

CEO of Celldex Therapeutics for

17 years 1 month (Mar 2008 - Present)

Previous Experience

Co-founder and Chief Financial Officer of Celldex Therapeutics, Inc.

Rivals

Competitors/colleagues of Anthony S. Marucci

Holdings

See how much did Anthony S. Marucci make over time.

Anthony S. Marucci has a considerable stake in Celldex Therapeutics. He held options granting him potential ownership in the company, notably a batch of 224,000 options awarded in 2021, with an exercise price of $28.00 per share. This reflects a...

Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Anthony S. Marucci make over time.

In 2021, Anthony S. Marucci's total compensation reached approximately $1.17 million. This comprised a salary of about $681,000, a bonus of roughly $490,000 based on meeting performance goals, and other benefits. His bonus payout for 2021 was notably high, yielding a total between 114% and 124% of the target based on the company's achievements. Marucci's stock options play a crucial role in his compensation, with substantial awards granted annually, reflecting his position's ties to company performance. His past years of compensation demonstrate a consistent alignment with corporate objectives, indicating a focus on long-term growth and shareholder value. The structure of his pay is designed to motivate and drive results, ensuring that as Celldex performs better, so does he.

Year

2021

Total Compensation

$1.19M

Salary

$680.91K

Board Justification

The compensation philosophy targets the 50th percentile of executive compensation of peer groups, with adjustments based on individual performance and contributions to strategic objectives.

Bonus

$490.25K

Board Justification

Annual performance-based cash bonus based on achieving corporate goals, with a target of 60% of base salary, resulting in a payout of 114% to 124% of the target for 2021.

Other

$18.33K

Board Justification

Includes matching contributions to the 401(k) plan and premiums for life insurance.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2021 as per the provided information.

Performance Metrics

Performance metrics for 2021 included pipeline development and business and financial operations goals, achieving 120% of these goals.