Sundar PichaiSundar Pichai earned $164M in 2023

John C. Jacobs served as the CEO of Harmony Biosciences from November 2020 until his resignation in January 2023. His leadership came during a critical period for the company, which saw significant growth, particularly with its main product, WAKIX, aimed...

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John C. Jacobs

Founder and Ex-CEO of Harmony Biosciences Holdings, Inc.

Education

Not specified

Field of Expertise

Healthcare & Life Sciences - Pharmaceuticals

Sector of Economy

Healthcare

Born

January 1, 1966 - 59 years ago

CEO of Harmony Biosciences Holdings, Inc. for

2 years 2 months (Nov 2020 - Jan 2023)

Previous Experience

President and Chief Executive Officer of Harmony Biosciences Holdings, Inc.

Rivals

Competitors/colleagues of John C. Jacobs

Holdings

See how much did John C. Jacobs make over time.

During his time as CEO, John C. Jacobs held a significant number of stock options and shares in Harmony Biosciences. His most valuable assets were linked to the company's performance. In 2020, he had options covering over 187,000 shares exerciseable...

Total Stock Sold

$8.77M

HRMY

$8.77M

200,000 HRMY shares

What if they kept their stock?

If John C. Jacobs didn't sell their stock, today they would have:
Extra HRMY200,000 shares worth $7.40M.
This is -15.61% and $1.37M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John C. Jacobs.

HRMY

$2.06M

HRMY at $51.41/share

Aug 15, 2022

Sale

HRMY

$686.34K

HRMY at $45.76/share

Jun 15, 2022

Sale

HRMY

$1.10M

HRMY at $44.08/share

Jun 13, 2022

Sale

HRMY

$679.82K

HRMY at $45.32/share

Mar 16, 2022

Sale

HRMY

$1.07M

HRMY at $42.73/share

Mar 14, 2022

Sale

HRMY

$1.30M

HRMY at $45.16/share

Jan 3, 2022

Sale

HRMY

$58.54K

HRMY at $45.03/share

Dec 27, 2021

Sale

HRMY

$955.67K

HRMY at $38.23/share

Dec 13, 2021

Sale

HRMY

$898.26K

HRMY at $35.93/share

Sep 13, 2021

Sale

Compensation History

See how much did John C. Jacobs make over time.

In 2023, John's total compensation was around $36,634, mainly consisting of his salary of $29,567. His resignation in January 2023 meant he did not receive any bonuses or stock options that year. In 2022, his total compensation was significantly higher, reaching approximately $514,752, including a substantial salary of $500,897 and various benefits. However, his separation from the company deprived him of any performance bonuses linked to his work. Historically, he had received bonuses based on previous performance, demonstrating that he was compensated for his leadership and success in growing Harmony. For example, in 2021, he earned $385,000 in bonuses, reflecting his role in achieving corporate growth. The change in his pay scale highlights the inconsistencies in executive compensation, especially during leadership transitions.

Year

2023

Total Compensation

$36.63K

Salary

$29.57K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain talented executives while aligning their interests with those of stockholders.

Bonus

$0.00

Board Justification

Mr. Jacobs did not receive a bonus for 2023 due to his resignation in January 2023.

Other

$7.07K

Board Justification

This amount reflects accrued vacation paid to Mr. Jacobs in connection with his resignation.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as Mr. Jacobs resigned before any could vest.

Performance Metrics

Mr. Jacobs was not eligible for performance metrics in 2023 due to his resignation.

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