In 2023, Doug Doerfler earned $2.34M in total compensation at MaxCyte, including $641.30K salary and $572.10K bonus. Most recently sold 124,450 shares in Dec 2023. Currently holds stock worth $516.46K. Led MaxCyte as CEO for 6 years.
Compensation History
Annual executive compensation data for Doug Doerfler, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.34M
Salary
$641.30K
Bonus
$572.10K
Other
$1.12M
Salary
$641.30KBoard Justification
The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on cash compensation and performance-based bonuses.
Bonus
$572.10KBoard Justification
Annual bonus for 2023 based on performance metrics including revenue and EBITDA, paid in the first quarter of 2024.
Other Compensation
$1.12MBoard Justification
Includes severance payments, health insurance benefits, and legal fees related to retirement and transition agreement.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus is on cash compensation and performance bonuses.
Performance Metrics
Performance metrics included revenue, EBITDA, and product development targets.
Doug Doerfler
Ex-CEO of MaxCyte
Education
MBA from the Wharton School, University of Pennsylvania.
Field of Expertise
Healthcare & Life Sciences - Biotechnology
Sector of Economy
Healthcare
Born
January 1, 1963 - 62 years ago
CEO of MaxCyte for
6 years 9 months (Mar 2017 - Dec 2023)
Previous Experience
CEO of MaxCyte, Inc. since March 2017. Previously held various leadership roles in biotechnology and life sciences companies.
Other MaxCyte CEOs
Holdings
Track Doug Doerfler's stock holdings and portfolio value over time.
Total Stock Sold
$5.58M
$5.58M
660,000 MXCT shares
What if they kept their stock?
If Doug Doerfler didn't sell their stock, today they would have:
Extra MXCT660,000 shares worth $1.02M.
This is -81.68% and $4.56M less than what they got when they sold the stock.
Insider Trading
Doug Doerfler's recent stock transactions, purchases, and sales filed with the SEC.
$633.45K
MXCT at $5.09/share
Dec 4, 2023
Sale
$127.75K
MXCT at $5.00/share
Nov 29, 2023
Sale
$150.70K
MXCT at $5.02/share
Jul 10, 2023
Sale
$220.79K
MXCT at $5.04/share
Jun 13, 2023
Sale
$81.07K
MXCT at $5.02/share
May 3, 2023
Sale
$75.00K
MXCT at $5.00/share
Apr 10, 2023
Sale
$174.64K
MXCT at $5.02/share
Apr 5, 2023
Sale
$51.02K
MXCT at $5.01/share
Mar 31, 2023
Sale
$171.90K
MXCT at $5.73/share
Feb 1, 2023
Sale
$152.40K
MXCT at $5.08/share
Jan 3, 2023
Sale
Rivals
Compare Doug Doerfler with competitor CEOs and industry peers.