Geoffrey Hulme is the former interim Principal Executive Officer of Innoviva, Inc., a company he joined in mid-2018. He has a strong background in finance, with a Bachelor of Science degree in Business Administration from Villanova University. Before working at...

Geoffrey Hulme is the former interim Principal Executive Officer of Innoviva, Inc., a company he joined in mid-2018. He has a strong background in finance, with a Bachelor of Science degree in Business Administration from Villanova University. Before working at Innoviva, he managed investment firms and spent years as a portfolio manager and research director at Amici Capital. His experience isn't just theoretical; it comes from running a business and guiding finances during tough times. In 2019, he was awarded nearly $900,000 in compensation, demonstrating his importance during solid company performance. However, his tenure wasn't without challenges; he left the company in May 2020. Interestingly, he engaged in significant insider trading activity before leaving, selling shares worth over $973,000. Despite the ups and downs, his journey reflects strong financial acumen and experience in navigating the complexities of healthcare investments, a vital part of Innoviva's strategy.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

I

Geoffrey Hulme

CEO of Innoviva, Inc.

Education

Bachelor's of Science degree in Business Administration with a concentration in Finance, summa cum laude, from Villanova University.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

CEO of Innoviva, Inc. for

6 years 10 months (May 2018 - Present)

Previous Experience

Owner and manager of Steel Valley Capital LLC and Steel Valley Advisors LLC; Director of Research, portfolio manager at Amici Capital, LLC.

Rivals

Competitors/colleagues of Geoffrey Hulme

Holdings

See how much did Geoffrey Hulme make over time.

Geoffrey Hulme has had notable fluctuations in his holdings during his time at Innoviva. In 2019, his trading activity reflected increasing confidence, with sales peaking at approximately $868,000 in November. However, 2020 saw a consistent pattern of selling as he...

Geoffrey Hulme has had notable fluctuations in his holdings during his time at Innoviva. In 2019, his trading activity reflected increasing confidence, with sales peaking at approximately $868,000 in November. However, 2020 saw a consistent pattern of selling as he likely managed his equity position amidst company transitions, culminating at about $694,000 in June. His significant engagement in final trading months suggests a strategic exit before stepping away as CEO. Over time, his holdings, which once represented a good chunk of his wealth, shifted dramatically, indicating a full divestiture from Innoviva, highlighting his focus on liquidity during transitional phases. Overall, it paints a picture of a CEO who actively managed his investments within a changing corporate landscape.

Insider Trading

See recent insider trades of Geoffrey Hulme.

INVA

15,734 shares

INVA

Feb 3, 2020

Received

INVA

$32.68K

INVA at $10.89/share

Sep 4, 2019

Received

INVA

14,677 shares

INVA

Mar 1, 2019

Received

INVA

9,000 shares

INVA

Feb 15, 2019

Received

INVA

$103.60K

INVA at $14.80/share

Feb 15, 2019

Purchase

Compensation History

See how much did Geoffrey Hulme make over time.

In terms of compensation, Geoffrey Hulme saw his pay fluctuate significantly from 2019 to his departure in 2020. His highest earnings were in 2019, totaling around $856,000, attributed to a firm performance and a discretionary bonus reflecting strong capital deployment. His 2020 earnings dramatically decreased to about $716,000 due to a focus on cash compensation and a lack of stock awards following his operational exit. In both years, bonuses were tied to his leadership during evolving market challenges, showcasing how performance metrics directly impacted his pay structure. His final package included consulting fees before leaving, highlighting the intense financial management demanded of his role during transitions. This reinforces the importance of executive compensation being linked to overall company performance and individual contribution.

Year

2022

Total Compensation

$769.67K

Salary

$455.00K

Board Justification

The compensation philosophy aims to attract and retain highly qualified executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$294.33K

Board Justification

Discretionary bonus equal to 100% of target bonus opportunity based on strong overall performance and record levels of capital deployment in 2022.

Other

$20.33K

Board Justification

401(k) matching contribution made by the Company, provided to all employees.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2022 as the focus is on cash compensation and performance bonuses.

Performance Metrics

Performance metrics include basic EPS, gross revenue, and capital allocation activities.