Alkermes amends 8-K to disclose CEO Blair Jackson pay package including $5 million equity award
ALKS•Pay package details and board appointment
Base salary is set at $900,000; the target annual cash performance award was lifted to 100% of salary, with a 0% to 200% range.
One-time equity awards total $8 million in target value, split between performance-vesting RSUs and stock options.
The board was expanded to 10 directors; Jackson joins the board and its Financial Operating Committee on Aug. 1, 2026, with no director pay.
Amended filing adds compensation terms for CEO succession
Alkermes amended a Feb. 25 Form 8-K on its CEO succession to add previously undetermined compensation terms for Blair C. Jackson.
Jackson will also become president on Aug. 1, 2026, replacing his chief operating officer role.
