Alnylam appoints Yvonne Greenstreet as CEO effective Jan 1, 2022; discloses compensation
ALNYLAM PHARMACEUTICALS, INC.
Yvonne Greenstreet, formerly President and COO, becomes CEO on Jan 1, 2022.
Annual base salary of $850,000; target bonus 100% of base salary for 2022 performance year.
Initial equity: $5M stock option granting on Dec 31, 2021; additional $2.5M option and $7.5M PSUs in Feb 2022.
$250,000 one-time relocation cash award with repayment obligation if termination for cause within 24 months.
Severance: pre-Change-in-Control no cash severance but continued vesting for 2 years; post-CIC double trigger with 2x salary+bonus and full acceleration.
Yvonne L. Greenstreet, MBChB, MBA, Alnylam Pharmaceuticals, Inc.’s (the “Company”) current President and Chief Operating Officer, has been appointed Chief Executive Officer of the Company effective January 1, 2022.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Yvonne L. Greenstreet was appointed as Chief Executive Officer at ALNYLAM PHARMACEUTICALS, INC..
Action
appointed
Role
Chief Executive Officer
Exact text from the filing
Yvonne L. Greenstreet, MBChB, MBA, Alnylam Pharmaceuticals, Inc.’s (the “Company”) current President and Chief Operating Officer, has been appointed Chief Executive Officer of the Company effective January 1, 2022.
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