leadership
confidence high
sentiment neutral
materiality 0.75
Alkermes CEO Richard Pops to retire July 31, 2026; COO Blair Jackson named successor
Alkermes plc.
- Richard Pops retires as CEO effective July 31, 2026, after 35-year tenure; will remain Chairman and Senior Advisor through Dec 31, 2026.
- Blair Jackson, current EVP/COO, appointed CEO effective Aug 1, 2026; Jackson has over 25 years experience at Alkermes.
- Pops receives $75k/month advisory retainer, pro-rated FY2026 bonus at target, $2.69M RSU grant vesting Dec 31, 2026, and $40k Chairman retainer.
- Outstanding equity awards continue vesting post-retirement; post-termination exercise periods extended up to 21 months.
- Company cites ~$1.5B annual revenue, ~2,000 employees, and alixorexton's Breakthrough Therapy designation for narcolepsy type 1.