David L. Greenwood is the CEO of Geron Corporation, a company focused on developing therapies for cancer and other serious diseases. He has a solid educational background with a B.A. from Pacific Lutheran University and an MBA from Harvard Business...

David L. Greenwood is the CEO of Geron Corporation, a company focused on developing therapies for cancer and other serious diseases. He has a solid educational background with a B.A. from Pacific Lutheran University and an MBA from Harvard Business School. Greenwood joined Geron in 1995 and has played various roles, including Chief Financial Officer and President. He brings over 20 years of financial expertise from his previous work at J.P. Morgan. In 2011, he took on the responsibilities of President and Interim CEO, which marked a new era for Geron as it transitioned into mid-stage clinical development of its therapies. Under his leadership, the compensation model aims to align management's performance with shareholders' interests, ensuring that rewards are linked to corporate and individual performance. Interestingly, in 2011, he received total compensation of over $3 million, which included a substantial bonus for achieving company goals and the vesting of stock awards. Greenwood has also actively participated on boards of other companies, showing his commitment to the sector. His holdings in Geron Corporation include over 212,000 shares, which reflects his belief in the company's future and his stake in its success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Geron CEOs

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David L. Greenwood

Ex-CEO of Geron

Education

B.A. from Pacific Lutheran University and M.B.A. from Harvard Business School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

Born

February 8, 1951 - 74 years ago

CEO of Geron for

0 years 7 months (Feb 2011 - Sep 2011)

Previous Experience

Various positions with J.P. Morgan & Co. Incorporated

Rivals

Competitors/colleagues of David L. Greenwood

A

Richard F. Pops

CEO of Alkermes

2023 Compensation

Stock

$0.00

Salary

$1.18M

Bonus

$1.41M

Other

$16.50K

Total Holdings

$47.82M

Holdings

See how much did David L. Greenwood make over time.

As of 2011, David Greenwood held over 212,474 shares of Geron Corp, a significant amount that indicates his commitment to the company's future. His holdings peaked around the time he was appointed CEO in 2011, showcasing the shift in his...

As of 2011, David Greenwood held over 212,474 shares of Geron Corp, a significant amount that indicates his commitment to the company's future. His holdings peaked around the time he was appointed CEO in 2011, showcasing the shift in his financial investment in Geron as he took on greater responsibilities. This stake reflected his confidence in the company’s strategic direction and growth potential. His active role in managing company finances since joining in 1995 has allowed him to maintain substantial holdings, aligning his success with that of Geron. The fluctuations in his holdings over the years illustrate the importance of Geron’s performance on his personal wealth and decisions.

Total Stock Sold

$148.85K

GERN

$148.85K

38,467 GERN shares

What if they kept their stock?

If David L. Greenwood didn't sell their stock, today they would have:
Extra GERN38,467 shares worth $50.78K.
This is -65.89% and $98.07K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of David L. Greenwood.

GERN

$145.54K

GERN at $4.28/share

Jun 14, 2011

Sale

GERN

$19.95K

GERN at $4.47/share

May 20, 2011

Sale

GERN

167,500 shares

GERN

May 20, 2011

Received

GERN

75,000 shares

GERN

Mar 9, 2011

Received

Compensation History

See how much did David L. Greenwood make over time.

In 2011, David L. Greenwood's total compensation reached $3,148,510, reflecting his critical role at Geron Corporation. His salary was set at $491,337, but he significantly boosted his earnings with a bonus of $235,800, linked to various performance metrics tied to corporate goals. Additionally, he benefited from a vested stock award valued at around $967,875, highlighting the company's strategic growth during his tenure. Greenwood’s total compensation also included other benefits amounting to nearly $794,278, covering aspects like a housing allowance and retirement contributions. This compensation plan aligns his interests with those of shareholders, emphasizing performance and long-term success.

Year

2011

Total Compensation

$2.18M

Salary

$491.34K

Board Justification

The compensation philosophy aims to attract and retain qualified talent, align management and stockholder interests, and reward successful execution of business strategy.

Bonus

$235.80K

Board Justification

Annual cash incentive based on achievement of corporate and individual goals, with a target of 60% of base salary and a corporate performance factor of 0.75 resulting in a payout of 48% of salary.

Other

$794.28K

Board Justification

Other compensation includes housing allowance, COBRA continuation payments, and contributions to the 401(k) plan.

Restricted Stock

$659.22K(967.88K RSU)

Board Justification

Value of restricted stock awards that vested in 2011, based on performance-based conditions achieved during the year.

Performance Metrics

Performance metrics included achievement of corporate goals related to operational and financial performance.

Other Geron CEOs

Here are other CEOs of Geron

Thomas B. Okarma

Ex-CEO of Geron

July 1999 - February 2011

John A. Scarlett

CEO of Geron

September 2011 - Present