Sundar PichaiSundar Pichai earned $164M in 2023

Wenbin Jiang, Ph.D., has been the CEO of Cytek Biosciences, Inc., since June 2019. With a solid background in engineering, he holds a Ph.D. in Biomedical Engineering from Stanford University and has a history of innovation, boasting over 100 U.S....

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Wenbin Jiang, Ph.D.

Founder and CEO of Cytek Biosciences, Inc.

Education

Ph.D. in Biomedical Engineering from Stanford University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Healthcare

Born

January 1, 1979 - 46 years ago

CEO of Cytek Biosciences, Inc. for

6 years 1 month (Jun 2019 - Present)

Previous Experience

Formerly served as Chief Operating Officer at Cytek Biosciences, Inc.

Rivals

Competitors/colleagues of Wenbin Jiang, Ph.D.

Holdings

See how much did Wenbin Jiang, Ph.D. make over time.

Wenbin Jiang, as CEO of Cytek Biosciences, has significant holdings in the company, particularly in common stock. His holdings peaked as he received large stock grants, including 284,900 stock options in 2023, which were made to align his interests with...

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Total Stock Sold

$4.68M

CTKB

$4.68M

440,000 CTKB shares

What if they kept their stock?

If Wenbin Jiang, Ph.D. didn't sell their stock, today they would have:
Extra CTKB440,000 shares worth $8.25M.
This is 76.25% and $3.57M more than what they got when they sold the stock.

Charitable Transactions

CTKB

2,300,000 shares

CTKB

Recent Charitable Transactions

CTKB

200,000 shares

CTKB

Sep 14, 2024

Charity

CTKB

2,290,000 shares

CTKB

Sep 14, 2023

Charity

CTKB

10,000 shares

CTKB

Dec 7, 2022

Charity

CTKB

5,000 shares

CTKB

Feb 7, 2022

Charity

Insider Trading

See recent insider trades of Wenbin Jiang, Ph.D..

CTKB

200,000 shares

CTKB

Sep 14, 2024

Charity

CTKB

$86.80K

CTKB at $4.34/share

Nov 7, 2023

Sale

CTKB

$106.60K

CTKB at $5.33/share

Oct 9, 2023

Sale

CTKB

2,290,000 shares

CTKB

Sep 14, 2023

Charity

CTKB

$136.60K

CTKB at $6.83/share

Sep 7, 2023

Sale

CTKB

$180.80K

CTKB at $9.04/share

Aug 7, 2023

Sale

CTKB

$169.60K

CTKB at $8.48/share

Jul 7, 2023

Sale

CTKB

$164.60K

CTKB at $8.23/share

Jun 7, 2023

Sale

CTKB

$231.00K

CTKB at $11.55/share

May 8, 2023

Sale

CTKB

$177.60K

CTKB at $8.88/share

Apr 10, 2023

Sale

Compensation History

See how much did Wenbin Jiang, Ph.D. make over time.

In 2023, Dr. Jiang's total compensation reached $1,864,242, a significant increase from prior years, influenced by achieving key corporate goals. His base salary was $578,000, supplemented by a performance bonus of over $311,000, reflecting a 72% success rate in hitting objectives. He also earned around $1.7 million in vesting Restricted Stock Units, further aligning his financial incentives with company performance. This strategy aims to retain talent and drive results, as evidenced by the performance metrics linked to his compensation package. Dr. Jiang’s pay structure fortifies the connection between executive performance and corporate growth, essential in biotech's ever-evolving landscape.

Year

2023

Total Compensation

$2.65M

Salary

$578.00K

Board Justification

The compensation philosophy aims to attract and retain talented executives, linking compensation to performance and aligning interests with shareholders.

Bonus

$311.38K

Board Justification

The bonus is based on the achievement of corporate goals, with a target bonus percentage of 100% of base salary. The actual payout was calculated based on a 72% achievement level of the corporate goals.

Other

$49.86K

Board Justification

Other compensation includes 401(k) matching contributions, healthcare premiums, and life insurance premiums.

Restricted Stock

$1.71M(188.5K RSU)

Board Justification

The stock awards represent RSUs granted that vested in 2023, with the value based on the closing sale price of the common stock on the vesting date.

Performance Metrics

The performance metrics for determining compensation include revenue targets and adjusted EBITDA goals.