Alexander KarpAlexander Karp earned $1B in 2024

In 2016, George A. Scangos earned $5.80M in total compensation at Biogen, including $1.00M salary, $500.00K bonus and $4.00M in stock. Most recently sold 75,000 shares in May 2020. Currently holds stock worth $45.49M. Has donated $2.47M in stock to charitable causes. Led Biogen as CEO for 5 years.

Compensation History

Annual executive compensation data for George A. Scangos, including salary, bonuses, and stock awards.

Year

2016

Total Compensation

$5.80M

Salary

$1.00M

Bonus

$500.00K

Other

$300.00K

Salary

$1.00M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies to attract and retain top executive talent.

Bonus

$500.00K

Board Justification

Annual cash bonus based on performance metrics including revenue growth and operating income for the year 2016.

Other Compensation

$300.00K

Board Justification

Other compensation includes retirement contributions and insurance premiums paid by the company.

Restricted Stock

$4.00M20K Common Stock

Board Justification

Vested stock options from previous grants that became exercisable in 2016.

Performance Metrics

Performance metrics included revenue growth, operating income, and achievement of strategic goals.

B

George A. Scangos

Ex-CEO of Biogen

Education

Ph.D. in Microbiology from the University of Massachusetts

Field of Expertise

Healthcare & Life Sciences - Biotechnology

Sector of Economy

Healthcare

Born

January 1, 1953 - 72 years ago

CEO of Biogen for

5 years 11 months (Jul 2010 - Jul 2016)

Previous Experience

President and Chief Executive Officer of Exelixis, Inc.

Holdings

Track George A. Scangos's stock holdings and portfolio value over time.

Total Stock Sold

$54.03M

EXEL

$23.50M

1,114,894 EXEL shares

BIIB

$30.53M

118,894 BIIB shares

What if they kept their stock?

If George A. Scangos didn't sell their stock, today they would have:
Extra EXEL1,114,894 shares worth $47.02M and BIIB118,894 shares worth $21.45M.
This is 26.72% and $14.44M more than what they got when they sold the stock.

Charitable Transactions

BIIB

10,756 shares

BIIB

EXEL

12,500 shares

EXEL

Recent Charitable Transactions

EXEL

12,500 shares

EXEL

Dec 27, 2019

Charity

EXEL

13,950 shares

EXEL

Jan 2, 2019

Charity

BIIB

10,756 shares

BIIB

Nov 29, 2012

Charity

Insider Trading

George A. Scangos's recent stock transactions, purchases, and sales filed with the SEC.

EXEL

$1.95M

EXEL at $25.96/share

May 18, 2020

Sale

EXEL

$3.00M

EXEL at $26.05/share

Apr 23, 2020

Sale

EXEL

$1.47M

EXEL at $24.45/share

Apr 20, 2020

Sale

EXEL

$457.75K

EXEL at $18.31/share

Apr 15, 2020

Sale

EXEL

$430.05K

EXEL at $18.30/share

Apr 7, 2020

Sale

EXEL

$27.09K

EXEL at $18.06/share

Mar 31, 2020

Sale

EXEL

$1.04M

EXEL at $20.73/share

Feb 18, 2020

Sale

EXEL

$502.00K

EXEL at $20.08/share

Feb 11, 2020

Sale

EXEL

$493.75K

EXEL at $19.75/share

Jan 22, 2020

Sale

EXEL

$509.75K

EXEL at $20.39/share

Jan 15, 2020

Sale

Rivals

Compare George A. Scangos with competitor CEOs and industry peers.