Claes Glassell, who was the CEO of Cerus Corporation from January 2008 until April 2011, holds an MBA from the University of Pennsylvania. His career focuses on the pharmaceutical industry, where he has made significant impacts. Interestingly, Glassell's resignation in...

Claes Glassell, who was the CEO of Cerus Corporation from January 2008 until April 2011, holds an MBA from the University of Pennsylvania. His career focuses on the pharmaceutical industry, where he has made significant impacts. Interestingly, Glassell's resignation in 2011 came just after he received a targeted bonus based on company performance, showing that he was deeply involved in the company's strategy. During his tenure, Glassell was awarded a total compensation of over $1 million in 2010, which included a performance-based bonus that directly tied to corporate goals achieved. Despite resigning with no cash bonus for 2011, he still had stock options granted in previous years, demonstrating a commitment to long-term company success. He was noted for his insider trading activities, with stock sales peaking around $1.31 million in August 2020, reflecting a strong personal financial stake in Cerus. Glassell's career reflects a blend of leadership in pharmaceuticals and a focus on measurable performance, which is critical in the fast-paced biotech world.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Cerus CEOs

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Claes Glassell

Ex-CEO of Cerus

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

January 1, 1951 - 74 years ago

CEO of Cerus for

6 years 11 months (May 2004 - Apr 2011)

Previous Experience

President, Chief Operating Officer and a Director of Cambrex Corporation

Rivals

Competitors/colleagues of Claes Glassell

Holdings

See how much did Claes Glassell make over time.

Claes Glassell’s holdings in Cerus Corporation have seen substantial fluctuations over the years. After moving on from Cerus in April 2011, his trading activity indicated continued investment interest. In 2019, he sold shares for about $948K, but the trading picked...

Claes Glassell’s holdings in Cerus Corporation have seen substantial fluctuations over the years. After moving on from Cerus in April 2011, his trading activity indicated continued investment interest. In 2019, he sold shares for about $948K, but the trading picked up significantly in 2020, where values of his stock transactions peaked at around $1.31 million in August. This period marked a high point in his trading activities, with consistent monthly sales approaching or exceeding $1 million. By mid-2023, his transaction values had dropped significantly, with amounts around $308K in September, indicating a shift in investment strategies or market conditions. Overall, these fluctuations illustrate the ebb and flow of Glassell's financial involvement with Cerus, reflecting both market confidence and personal strategy shifts.

Mar 18, 2025

C

shares

CERS @ $1.43

Insider Trading

See recent insider trades of Claes Glassell.

No insider trades found for this CEO.

Compensation History

See how much did Claes Glassell make over time.

Claes Glassell's compensation package while serving as CEO of Cerus Corporation illustrates the complex relationship between executive pay and company performance. In 2010, his total compensation reached an impressive $1,134,400, with a base salary of $490,000 and a performance-based bonus of $194,040, underscoring the importance of achieving corporate goals. His pay structure encouraged him to focus on results, as he was eligible for a 60% target bonus under the Bonus Plan tied to company achievements. However, in 2011, upon his resignation, he earned a much lower total compensation of $217,132, primarily due to not receiving any further stock awards or cash bonuses as he had stepped away from the company. This sharp decline emphasizes how tied executive pay can be to their ongoing role and the company’s operations. Glassell's exit illustrates both the volatility of corporate leadership compensation and the direct link between performance metrics and financial reward.

Year

2011

Total Compensation

$510.33K

Salary

$500.00K

Board Justification

The compensation philosophy is designed to attract and retain qualified individuals while aligning executive compensation with company performance and market benchmarks.

Bonus

$0.00

Board Justification

Mr. Glassell was not eligible to receive a cash bonus award under the Bonus Plan for 2011 performance due to his resignation in April 2011.

Other

$10.33K

Board Justification

Other compensation includes group-term life insurance premiums and accrued vacation paid upon termination.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2011 as Mr. Glassell resigned in April 2011 and was not eligible for any further stock awards.

Performance Metrics

The performance metrics for the CEO's compensation were based on the achievement of corporate performance goals, but Mr. Glassell did not receive a bonus due to his resignation.

Other Cerus CEOs

Here are other CEOs of Cerus

William M. Greenman

CEO of Cerus

April 2011 - Present