other material
confidence high
sentiment neutral
materiality 0.40
Agios adopts performance-based cash bonus for CMO tied to ENERGIZE trial milestone
AGIOS PHARMACEUTICALS, INC.
- Dr. Sarah Gheuens, CMO and Head of R&D, eligible for up to 1.25x her 2022 target bonus ($309,375) if ENERGIZE trial milestone achieved by April 2024.
- If milestone achieved before April 2024, bonus increases to 1.2x the baseline amount, totaling $371,250.
- Bonus payment contingent on Dr. Gheuens remaining employed at time of milestone achievement.
- CEO, CFO, and Chief Commercial Officer are not eligible for this bonus plan.