leadership
confidence high
sentiment neutral
materiality 0.55
NovoCure discloses CEO Frank Leonard's pay: CHF 750K base, 90% target bonus, enhanced severance
NovoCure Ltd
- Base salary of CHF 750,000 and target annual bonus of 90% of base (CHF 675,000).
- Eligible for equity awards under 2024 Omnibus Incentive Plan; relocation and tax indemnification provided.
- Severance on qualifying termination: 100% base salary; within 12 months post-change-in-control: 200% base + 200% target bonus plus full equity vesting.
- Non-compete covenant for 12 months after termination; perpetual non-disparagement.
- Amendment filed to supplement Dec. 1, 2025 8-K; compensation details now finalized.
item 5.02item 9.01