Sundar PichaiSundar Pichai earned $164M in 2023

Lonnel Coats has been steering Lexicon Pharmaceuticals, Inc. since 2014, becoming a noticeable figure in the biotech field. He brings to the table a solid background with a B.S. in public administration from Oakland University and over 18 years of...

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Lonnel Coats

Ex-CEO of Lexicon Pharmaceuticals

Education

B.S. in public administration from Oakland University.

Field of Expertise

Healthcare & Life Sciences - Pharmaceuticals

Sector of Economy

Healthcare

Born

August 10, 1965 - 59 years ago

CEO of Lexicon Pharmaceuticals for

10 years 0 months (Jul 2014 - Jul 2024)

Previous Experience

President and CEO of Eisai Inc.

Rivals

Competitors/colleagues of Lonnel Coats

Holdings

See how much did Lonnel Coats make over time.

Lonnel Coats has seen quite the journey with his stock holdings over the years. At various points from 2019 to 2024, he has recorded trading values ranging from $1.64 million to over $4.70 million. Notably, during the peak period of...

Mar 18, 2025

Total Stock Sold

$817.30K

BPMC

$817.30K

10,000 BPMC shares

What if they kept their stock?

If Lonnel Coats didn't sell their stock, today they would have:
Extra BPMC10,000 shares worth $695.10K.
This is -14.95% and $122.20K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Lonnel Coats.

BPMC

2,242 shares

BPMC

Jun 12, 2024

Received

LXRX

$94.80K

LXRX at $1.05/share

Nov 16, 2023

Purchase

LXRX

$10.10K

LXRX at $1.01/share

Nov 10, 2023

Purchase

LXRX

$21.60K

LXRX at $2.16/share

Jun 29, 2023

Purchase

LXRX

$46.74K

LXRX at $2.34/share

Jun 23, 2023

Purchase

LXRX

$92.40K

LXRX at $2.31/share

Jun 22, 2023

Purchase

BPMC

2,600 shares

BPMC

Jun 21, 2023

Received

BPMC

2,600 shares

BPMC

Jun 21, 2022

Received

BPMC

2,250 shares

BPMC

Jun 2, 2021

Received

BPMC

2,250 shares

BPMC

Jun 24, 2020

Received

Compensation History

See how much did Lonnel Coats make over time.

In recent years, Lonnel's compensation has showcased a strong alignment between his pay and the company's performance. For 2023, his total earnings reached $4.11 million, a combination of base salary, performance bonuses, and other compensation. His base salary has grown consistently, starting at $550,020 in 2014 and reaching $740,846 in 2023. The bonuses, which are based on corporate goals, also vary, with significant amounts awarded when targets are met. For example, in 2022, he received a bonus of $502,005 when the company achieved its corporate goals. His compensation packets reflect not just his leadership prowess but also Lexicon’s ups and downs as it navigates the competitive pharmaceutical landscape.

Year

2023

Total Compensation

$1.14M

Salary

$740.85K

Board Justification

The compensation philosophy aims to attract and retain key executives, aligning their interests with long-term stockholder value through competitive cash compensation and performance-based bonuses.

Bonus

$386.23K

Board Justification

Annual discretionary bonus based on the achievement of corporate goals for 2023, paid in February 2024.

Other

$15.22K

Board Justification

Includes company matching contributions under the 401(k) plan, health savings account contributions, and company-paid premiums for group term life insurance.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics for determining compensation included the achievement of corporate goals related to the launch and commercial performance of INPEFA and other strategic objectives.