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Michel Vounatsos has been the CEO of Biogen since January 2017, leading the company in biotechnology and focusing on innovative therapies, especially in neurology. Born in 1964, he has a solid background but his education details aren't publicly known. Over...

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Michel Vounatsos

Ex-CEO of Biogen

Education

N/A

Field of Expertise

Healthcare & Life Sciences - Biotechnology

Sector of Economy

Healthcare

Born

January 1, 1964 - 61 years ago

CEO of Biogen for

6 years 4 months (Jul 2016 - Nov 2022)

Previous Experience

Chief Executive Officer of Biogen

Holdings

See how much did Michel Vounatsos make over time.

During his time as CEO, Michel Vounatsos's stock holdings in Biogen saw significant fluctuations. He started with substantial investments, which peaked at around $30.81 million around May 2023. However, this value has seen ups and downs over the months, with...

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Insider Trading

See recent insider trades of Michel Vounatsos.

No insider trades found for this CEO.

Compensation History

See how much did Michel Vounatsos make over time.

Over the years, Michel Vounatsos experienced a varied compensation package while leading Biogen. In 2021, he earned a total of about $17.17 million, with a combination of base salary, bonuses, and stock awards. However, his compensation declined the following year to approximately $7.98 million due to performance metrics not being met, which led to no bonuses being paid in 2022. On top of his $1.54 million salary in 2022, over 35,000 restricted stock units vested, showing that performance-driven pay is a key part of his compensation structure. Vounatsos's compensation strategy was designed to link his pay closely with the company's success and shareholder interests, but the nature of his leadership and the company's challenges has created a rollercoaster of financial gain and loss during his tenure.

Year

2022

Total Compensation

$7.88M

Salary

$153.85K

Board Justification

The compensation philosophy emphasizes alignment with stockholder interests and performance-based rewards.

Bonus

$0.00

Board Justification

No bonus was paid for 2022 due to termination before the end of the performance period.

Other

$0.00

Board Justification

No additional compensation was reported for 2022.

Restricted Stock

$7.73M(35.69K RSU)

Board Justification

35,687 shares of RSUs vested in 2022, based on the prorated vesting agreement following termination.

Performance Metrics

Performance metrics for 2022 included financial performance goals that were not achieved due to the CEO's termination.