Sundar PichaiSundar Pichai earned $164M in 2023

Michael Grey is the co-founder and current Chair of the Board at Mirum Pharmaceuticals, a company focused on developing treatments for liver diseases. Born in 1973, he has a long history in the pharmaceutical industry, bringing over 45 years of...

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Michael Grey

Ex-CEO of Spruce Biosciences

Education

B.S. in chemistry from the University of Nottingham

Field of Expertise

Healthcare & Life Sciences - Pharmaceuticals

Sector of Economy

Healthcare

Born

January 1, 1953 - 72 years ago

CEO of Spruce Biosciences for

0 years 1 month (Nov 2021 - Jan 2022)

Previous Experience

Executive Chairman of Mirum Pharmaceuticals, Inc.

Rivals

Competitors/colleagues of Michael Grey

Holdings

See how much did Michael Grey make over time.

Michael Grey has a substantial ownership stake in Mirum Pharmaceuticals, holding around 1,030,864 shares, which accounts for about 4% of the company's total shares outstanding. His holdings peaked around the company’s founding and IPO phase in 2018 but have fluctuated...

Total Stock Sold

$6.33M

MIRM

$1.31M

43,824 MIRM shares

BMRN

$5.02M

67,500 BMRN shares

What if they kept their stock?

If Michael Grey didn't sell their stock, today they would have:
Extra MIRM43,824 shares worth $773.49K and BMRN67,500 shares worth $7.14M.
This is 24.88% and $1.58M more than what they got when they sold the stock.

Charitable Transactions

MIRM

102,788 shares

MIRM

Recent Charitable Transactions

MIRM

102,788 shares

MIRM

Sep 27, 2024

Charity

Insider Trading

See recent insider trades of Michael Grey.

MIRM

102,788 shares

MIRM

Sep 27, 2024

Charity

MIRM

$467.46K

MIRM at $32.00/share

Sep 13, 2023

Sale

MIRM

$423.63K

MIRM at $29.00/share

Jun 8, 2023

Sale

MIRM

$409.02K

MIRM at $28.00/share

May 3, 2023

Sale

BMRN

$381.40K

BMRN at $76.28/share

Mar 5, 2021

Sale

BMRN

$300.88K

BMRN at $120.35/share

Aug 3, 2020

Sale

BMRN

4,300 shares

BMRN

May 27, 2020

Received

BMRN

4,430 shares

BMRN

Jun 4, 2019

Received

BMRN

4,300 shares

BMRN

Jun 5, 2018

Received

Compensation History

See how much did Michael Grey make over time.

In 2022, Michael Grey reported a total compensation of zero dollars. This reflects a shift in focus from traditional salary and bonuses to a model that emphasizes stock options and long-term company performance. The decision to forego a salary appears to be aligned with both his personal philosophy and the company’s emphasis on aligning executive compensation with shareholder value. In contrast, in 2021, he earned a total compensation of $1,068,100, which included a base salary and a bonus linked to performance metrics. His approach suggests that he values the company's progress over immediate financial rewards, which can be seen as a commitment to the strategic growth of Mirum Pharmaceuticals.

Year

2022

Total Compensation

$0.00

Salary

$0.00

Board Justification

The compensation philosophy focuses on aligning executive compensation with company performance and long-term shareholder value.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2022 as the focus was on stock and options compensation.

Other

$0.00

Board Justification

No additional compensation was reported for the year 2022.

Restricted Stock

$0.00(0 Common Stock)

Board Justification

No stock was vested in 2022 as the focus was on stock options and grants.

Performance Metrics

Performance metrics for 2022 were not specified in the provided proxy statement.

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