Sundar PichaiSundar Pichai earned $164M in 2023

Derek J. Maetzold is the President and CEO of Castle Biosciences, a company he founded in 2007. With a solid educational background, he holds an MBA from the University of California, Berkeley. Over the years, he has played a vital...

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Derek J. Maetzold

Founder and CEO of Castle Biosciences

Education

B.S. degree in Biology from George Mason University and an MBA from University of California, Riverside.

Field of Expertise

Healthcare & Life Sciences - Life Sciences

Sector of Economy

Healthcare

CEO of Castle Biosciences for

17 years 9 months (Sep 2007 - Present)

Previous Experience

Held leadership roles at Encysive Pharmaceuticals, Schering-Plough Corporation (now Merck), Integrated Communications, Amylin Pharmaceuticals and Sandoz Pharmaceuticals (now a division of Novartis).

Rivals

Competitors/colleagues of Derek J. Maetzold

Holdings

See how much did Derek J. Maetzold make over time.

Derek J. Maetzold has a significant investment in Castle Biosciences, owning over 1 million shares. At one point, the value of his shares peaked as the company hit strong revenue milestones, which reflected his and the company's growth. As Castle...

Mar 18, 2025

Total Stock Sold

$83.36M

CSTL

$83.36M

1,661,051 CSTL shares

What if they kept their stock?

If Derek J. Maetzold didn't sell their stock, today they would have:
Extra CSTL1,661,051 shares worth $62.29M.
This is -25.27% and $21.07M less than what they got when they sold the stock.

Charitable Transactions

CSTL

471,284 shares

CSTL

Recent Charitable Transactions

CSTL

122,181 shares

CSTL

Jan 10, 2022

Charity

CSTL

349,103 shares

CSTL

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of Derek J. Maetzold.

CSTL

$593.44K

CSTL at $20.34/share

Mar 7, 2025

Sale

CSTL

$118.62K

CSTL at $20.86/share

Mar 4, 2025

Sale

CSTL

$146.44K

CSTL at $28.55/share

Jan 13, 2025

Sale

CSTL

$226.57K

CSTL at $29.47/share

Jan 6, 2025

Sale

CSTL

$267.30K

CSTL at $28.55/share

Dec 17, 2024

Sale

CSTL

$752.77K

CSTL at $28.82/share

Dec 13, 2024

Sale

CSTL

$160.74K

CSTL at $31.35/share

Dec 5, 2024

Sale

CSTL

$175.09K

CSTL at $34.15/share

Nov 12, 2024

Sale

CSTL

$168.38K

CSTL at $32.84/share

Nov 4, 2024

Sale

CSTL

$165.46K

CSTL at $32.27/share

Oct 14, 2024

Sale

Compensation History

See how much did Derek J. Maetzold make over time.

In 2023, Derek J. Maetzold's total compensation was about $1.6 million, mainly driven by a salary of $686,400 and a sizable bonus of $893,350 based on performance metrics. This bonus was linked to how well the company met its revenue goals, showing a direct connection between his pay and the company’s success. Last year in 2022, his earnings reached approximately $771,375, reflecting a strong performance that exceeded planned targets. Notably, he operates under a tailored compensation philosophy that aligns with market trends while incentivizing the executive team to meet ambitious corporate objectives. Additionally, Castle's approach to compensation limits excessive bonuses, ensuring that it rewards sustained performance rather than short-term gains. This structure helps in retaining talent and aligns the long-term interests of executives with those of shareholders.

Year

2023

Total Compensation

$1.61M

Salary

$686.40K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executive officers by offering competitive compensation packages that include a base salary, annual cash bonuses, and long-term equity incentive awards, aligned with market trends and industry data.

Bonus

$893.35K

Board Justification

The bonus for 2023 was based entirely on corporate performance goals, achieving 137% of the target bonus opportunity.

Other

$26.23K

Board Justification

Other compensation includes 401(k) matching contributions and financial advisory services.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted in 2023; therefore, no stock vested in 2023.

Performance Metrics

The performance metrics for 2023 included revenue growth and achievement of corporate performance goals.