Alexander KarpAlexander Karp earned $1B in 2024

In 2024, Bart Cornelissen earned $556.28K in total compensation at Xencor, including $338.18K salary and $156.94K bonus. Most recently acquired 43,898 shares in Mar 2025. Currently holds stock worth $1.06M. 1+ years at the helm of Xencor.

Compensation History

Annual executive compensation data for Bart Cornelissen, including salary, bonuses, and stock awards.

Year

2024

Total Compensation

$556.28K

Salary

$338.18K

Bonus

$156.94K

Other

$61.16K

Salary

$338.18K

Board Justification

The HCMCC’s philosophy is to provide base salaries at a competitive level sufficient to recruit and retain individuals possessing the requisite skill and capabilities necessary to achieve the Company’s long-term goals.

Bonus

$156.94K

Board Justification

Each NEO’s target bonus is set as a percentage of the NEO’s earned base salary, with the percentage being evaluated in the context of market data. The HCMCC approved the annual bonus award opportunities for 2024 set forth in the table below.

Other Compensation

$61.16K

Board Justification

The amount reported for Mr. Cornelissen in the 'All Other Compensation' column for 2024 includes $54,000 in commuting and housing stipend.

Restricted Stock

$0.000 N/A

Board Justification

No vested stock was found in the provided text.

Performance Metrics

In early 2024, our Board, upon recommendation by the HCMCC with input and recommendations from management, reviewed and approved the 2024 corporate goals.

X

Bart Cornelissen

CEO of Xencor

Education

M.Sc. in Business Administration from the Rotterdam School of Management

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

Born

June 15, 1978 - 47 years ago

CEO of Xencor for

1 year 7 months (Apr 2024 - Present)

Previous Experience

Vice President, Corporate Finance at Seagen

Holdings

Track Bart Cornelissen's stock holdings and portfolio value over time.

Insider Trading

Bart Cornelissen's recent stock transactions, purchases, and sales filed with the SEC.

XNCR

43,898 shares

XNCR

Mar 4, 2025

Received

XNCR

42,265 shares

XNCR

Apr 9, 2024

Received

Rivals

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