Sundar PichaiSundar Pichai earned $164M in 2023

João Siffert, M.D., has made significant strides in the biopharmaceutical world. Appointed as CEO of Design Therapeutics, Inc. in 2021, he previously played pivotal roles in other firms, such as leading research and development at Abeona Therapeutics and serving as...

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João Siffert, M.D.

Ex-CEO of Design Therapeutics, Inc.

Sector of Economy

Healthcare

CEO of Design Therapeutics, Inc. for

2 years 2 months (Jun 2021 - Aug 2023)

Previous Experience

Unknown

Rivals

Competitors/colleagues of João Siffert, M.D.

Holdings

See how much did João Siffert, M.D. make over time.

João Siffert actively engaged in insider trading at Design Therapeutics, showing significant fluctuations in his stock holdings. In December 2022, he sold shares worth $1.22 million, with monthly transactions reaching as high as $1.17 million in January 2023. His insider...

Mar 17, 2025

Insider Trading

See recent insider trades of João Siffert, M.D..

DSGN

$62.75K

DSGN at $8.42/share

Dec 19, 2022

Purchase

ABEO

100,000 shares

ABEO

May 20, 2020

Received

Compensation History

See how much did João Siffert, M.D. make over time.

In 2023, João Siffert's total compensation amounted to $351,818, reflecting his role as CEO of Design Therapeutics. This included a salary of $600,600 and a prorated bonus of $230,220 tied to his performance until his separation from the company. His package also featured about $1.9 million worth of vested stock options, demonstrating a strong financial engagement with the company's performance. Previous years saw his compensation peak at $993,000 in 2021, with various bonuses based on corporate achievements and R&D goals driving performance metrics. Through his career, the compensation structure has focused on aligning executive pay with the company's health and market benchmarks, ensuring shareholder interests align with executive incentives. He left the company in August 2023 under a separation agreement that included generous severance payments, emphasizing the strategic care in executive transitions.

Year

2023

Total Compensation

$3.63M

Salary

$600.60K

Board Justification

The compensation philosophy aims to attract and retain top talent while aligning executive compensation with company performance and market benchmarks.

Bonus

$230.22K

Board Justification

Prorated target annual performance bonus for 2023 paid in 2023, based on employment through the Separation Date.

Other

$893.90K

Board Justification

Includes severance payments, COBRA payments, commuting expenses, and matching contributions to the 401(k) plan.

Restricted Stock

$1.91M(150.42K Stock options)

Board Justification

Stock options granted in 2022 that vested in 2023.

Performance Metrics

Performance metrics for determining compensation included corporate goals related to research and development, pipeline progress, and operational objectives.

Other Design Therapeutics, Inc. CEOs

Here are other CEOs of Design Therapeutics, Inc.