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Samuel R. Saks, born in 1963, is the former CEO of Jazz Pharmaceuticals, a company that specializes in pharmaceutical development. He began his journey with Jazz in 2008 and played a crucial role until his departure in 2009. During his...

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Samuel R. Saks

Ex-CEO of Jazz Pharmaceuticals

Education

Not specified

Field of Expertise

Healthcare & Life Sciences - Pharmaceuticals

Sector of Economy

Healthcare

Born

January 1, 1963 - 62 years ago

CEO of Jazz Pharmaceuticals for

3 years 2 months (Jan 2008 - Mar 2011)

Previous Experience

Served as Chief Executive Officer of Jazz Pharmaceuticals, Inc. until March 2011

Holdings

See how much did Samuel R. Saks make over time.

During his leadership at Jazz Pharmaceuticals, Samuel R. Saks's stock ownership experienced notable fluctuations. His holdings peaked impressively around $238 million in December 2020, which marked a high point of wealth tied to his company's performance. However, the value of...

Mar 18, 2025

Insider Trading

See recent insider trades of Samuel R. Saks.

No insider trades found for this CEO.

Compensation History

See how much did Samuel R. Saks make over time.

Samuel R. Saks's compensation during his tenure as CEO of Jazz Pharmaceuticals provides insights into the financial structure of executive roles in the pharmaceutical sector. In 2010, for instance, he earned a total of $766,614, which included a salary of $496,877 and a performance-based bonus of $267,300. His compensation was linked closely to the company's performance metrics, with targets emphasizing net sales and operational efficiency. However, in 2009, after resigning, his earnings drastically reduced to $141,912, as he was not eligible for bonuses that year. This variance in income illustrates the impact of performance results on executive pay, particularly in a field where success must be constantly proven through tangible achievements and marketplace results.

Year

2010

Total Compensation

$765.61K

Salary

$496.88K

Board Justification

The compensation philosophy aims to ensure competitive total compensation packages for executive officers, targeting the 50th percentile for cash compensation and 60th percentile for long-term incentives based on peer benchmarking.

Bonus

$267.30K

Board Justification

The bonus for 2010 was calculated based on the company's performance against key corporate objectives, with a target bonus of 60% of the applicable annual base salary.

Other

$1.44K

Board Justification

Represents group term life insurance premiums paid by the Company.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2010 for the CEO.

Performance Metrics

The performance metrics included achieving budgeted net sales and cash EBITDA, refinancing existing debt, and obtaining FDA approval for a new drug.

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