Sundar PichaiSundar Pichai earned $164M in 2023

Caroline Baumal, M.D., is the Chief Medical Officer at Apellis Pharmaceuticals, Inc. since January 2023. She brings over 25 years of experience in the field of medicine, particularly in ophthalmology as a vitreoretinal surgeon and professor at the New England...

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Caroline Baumal, M.D.

CEO of Apellis Pharmaceuticals, Inc.

Field of Expertise

Healthcare & Life Sciences - Medicine

Sector of Economy

Healthcare

CEO of Apellis Pharmaceuticals, Inc. for

2 years 3 months (Jan 2023 - Present)

Previous Experience

Chief Medical Officer at Apellis Pharmaceuticals, Inc.

Rivals

Competitors/colleagues of Caroline Baumal, M.D.

Holdings

See how much did Caroline Baumal, M.D. make over time.

As the Chief Medical Officer of Apellis Pharmaceuticals, Caroline Baumal leads the company in its vision to innovate in eye care. Her vested stock includes substantial performance-based restricted stock units, valued at $1.8 million as part of her overall compensation...

Total Stock Sold

$319.08K

APLS

$319.08K

7,420 APLS shares

What if they kept their stock?

If Caroline Baumal, M.D. didn't sell their stock, today they would have:
Extra APLS7,420 shares worth $208.58K.
This is -34.63% and $110.51K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Caroline Baumal, M.D..

APLS

39,594 shares

APLS

Jan 17, 2025

Received

APLS

$55.51K

APLS at $29.96/share

Jan 17, 2025

Sale

APLS

$95.21K

APLS at $33.81/share

Jan 6, 2025

Sale

APLS

25,445 shares

APLS

Jan 16, 2024

Received

APLS

$165.21K

APLS at $60.05/share

Jan 4, 2024

Sale

APLS

35,549 shares

APLS

Jan 3, 2023

Received

Compensation History

See how much did Caroline Baumal, M.D. make over time.

In 2023, Caroline Baumal received a total compensation of $4.43 million from Apellis Pharmaceuticals. This includes her base salary of $550,673 and a performance bonus of $323,438, which was awarded for achieving critical company objectives. Additionally, she was granted stock awards valued at around $1.79 million, mainly through restricted stock units that align her goals with those of the shareholders. Other compensation components rounded out her earnings, contributing to a substantial total package that reflects her influence and effectiveness within the company. This focus on performance-based pay shows Apellis's commitment to rewarding leaders based on their contributions to the company's success, giving them an incentive to achieve long-term goals.

Year

2023

Total Compensation

$1.20M

Salary

$450.00K

Board Justification

The compensation philosophy is designed to align the CEO's pay with company performance, ensuring that a significant portion of compensation is performance-based and linked to the company's success in achieving its strategic goals.

Bonus

$100.00K

Board Justification

The bonus is based on the achievement of specific performance metrics set by the board, including revenue targets and operational milestones for the fiscal year 2023.

Other

$50.00K

Board Justification

Other compensation includes health benefits, retirement contributions, and other perquisites provided to the CEO.

Restricted Stock

$600.00K(20K RSU)

Board Justification

The vested stock consists of performance-based restricted stock units (RSUs) that were granted in prior years and vested in 2023 based on the achievement of performance goals.

Performance Metrics

Performance metrics include revenue growth, operational efficiency, and successful product launches.