Sundar PichaiSundar Pichai earned $164M in 2023

Frank Lee, born in 1957, holds a Master’s degree in Engineering and has been making waves in the tech industry. He currently serves as the CEO of Pacira BioSciences, Inc., where he transitioned in January 2024 after leading Photronics, a...

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Frank Lee

CEO of Pacira BioSciences, Inc.

Education

Master's degree in Engineering

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Healthcare

Born

January 1, 1957 - 68 years ago

CEO of Pacira BioSciences, Inc. for

1 year 5 months (Jan 2024 - Present)

Previous Experience

Chief Executive Officer of Forma Therapeutics; held various positions at Genentech, Inc.

Rivals

Competitors/colleagues of Frank Lee

Holdings

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Frank Lee's holdings reflect his commitment to the companies he leads. At Photronics, he held 120,000 shares of restricted stock that vested over four years, a strategic move aligning his interests with those of shareholders. His stock holdings highlighted a...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Frank Lee make over time.

In 2023, Frank Lee's total compensation reached an impressive $4,061,200, which included a salary of $750,000 and a performance bonus of $1.3 million. This bonus was awarded based on Photronics' outstanding achievements in operating income and gross margin. Additionally, he received 120,000 restricted stock shares as part of his long-term incentive plan, adding around $22 million to his overall earnings when vested. His compensation structure is designed not just to reward him for past work but to motivate him for future performance, aligning his rewards with the company’s progress. The growth in his compensation from the previous year is indicative of his effectiveness in steering the company towards success. This link between compensation and performance is a significant factor in executive leadership, showing that results matter in his approach. Frank's package emphasizes a clear connection between company performance and executive pay.

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