In 2023, David L. Lucchino earned $3.88M in total compensation at Korro Bio, Inc., including $558.77K salary and $1.34M in stock. Most recently sold 1,156 shares in Nov 2023. Currently holds stock worth $162.84K. Led Korro Bio, Inc. as CEO for 9 years.
Compensation History
Annual executive compensation data for David L. Lucchino, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.88M
Salary
$558.77K
Bonus
$0.00
Other
$1.98M
Salary
$558.77KBoard Justification
The compensation philosophy aims to align executive pay with company performance, ensuring competitive compensation to attract and retain top talent while motivating executives to achieve long-term success.
Bonus
$0.00Board Justification
No bonus was awarded for the year 2023.
Other Compensation
$1.98MBoard Justification
This includes severance payments and other compensations related to the termination of employment due to the merger.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were granted as part of the executive compensation package, reflecting the company's performance and individual contributions during the year.
Performance Metrics
The performance metrics for determining compensation included individual performance and overall company performance metrics.
David L. Lucchino
Founder and Ex-CEO of Korro Bio, Inc.
Education
MBA from MIT's Sloan School of Management, MS from Syracuse University, BA in Philosophy and Religious Studies from Denison University.
Field of Expertise
Healthcare & Life Sciences - Biotechnology
Sector of Economy
Healthcare
CEO of Korro Bio, Inc. for
9 years 0 months (Nov 2014 - Nov 2023)
Previous Experience
Co-founder of Frequency Therapeutics, Inc. and held various leadership roles in biotechnology companies.
Other Korro Bio, Inc. CEOs
Holdings
Track David L. Lucchino's stock holdings and portfolio value over time.
Total Stock Sold
$84.96K
$84.96K
2,124 KRRO shares
What if they kept their stock?
If David L. Lucchino didn't sell their stock, today they would have:
Extra KRRO2,124 shares worth $14.91K.
This is -82.45% and $70.05K less than what they got when they sold the stock.
Insider Trading
David L. Lucchino's recent stock transactions, purchases, and sales filed with the SEC.
$43.21K
KRRO at $37.38/share
Nov 22, 2023
Sale
$41.26K
KRRO at $42.63/share
Nov 3, 2023
Sale
6,000 shares
KRRO
Nov 3, 2023
Received
Rivals
Compare David L. Lucchino with competitor CEOs and industry peers.