In 2011, Claes Glassell earned $510.33K in total compensation at Cerus, primarily from $500.00K salary. Led Cerus as CEO for 6 years.
Compensation History
Annual executive compensation data for Claes Glassell, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$510.33K
Salary
$500.00K
Bonus
$0.00
Other
$10.33K
Salary
$500.00KBoard Justification
The compensation philosophy is designed to attract and retain qualified individuals while aligning executive compensation with company performance and market benchmarks.
Bonus
$0.00Board 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 Compensation
$10.33KBoard Justification
Other compensation includes group-term life insurance premiums and accrued vacation paid upon termination.
Restricted Stock
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.
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
Other Cerus CEOs
Holdings
Track Claes Glassell's stock holdings and portfolio value over time.
Insider Trading
Claes Glassell's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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