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Michael M. Morrissey received $33.2M in total compensation as Ph.D. of EXELIXIS, INC. in FY2025. The largest component was $30.5M in stock awards. Source: SEC DEF 14A.
In fiscal year 2025, Michael M. Morrissey, Ph.D. of EXELIXIS, INC. (EXEL), received total compensation of $33.2 million.
Michael M. Morrissey's compensation breakdown includes: base salary of $1.3 million, stock awards valued at $30.5 million, non-equity incentive compensation of $1.4 million, and other compensation of $11K.
EXELIXIS, INC.'s top 7 named executive officers received combined total compensation of $87.8 million in fiscal year 2025.
The named executive officers disclosed in EXELIXIS, INC.'s 2025 proxy statement are:Michael M. Morrissey (Ph.D.) with total compensation of $33.2 million, Amy C. Peterson (M.D.) with total compensation of $11.1 million, Christopher J. Senner (Executive Vice President) with total compensation of $10.6 million, Dana T. Aftab (Ph.D.) with total compensation of $10.5 million, Patrick J. Haley (Executive Vice President Commercial) with total compensation of $9.0 million, Jeffrey J. Hessekiel (J.D.) with total compensation of $9.0 million, and Brenda J. Hefti (J.D., Ph.D. Senior Vice President and General Counsel) with total compensation of $4.2 million.
Source Filing
Executive Record
Michael M. Morrissey
Ph.D.
Reported Pay
$33.2MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $33.2M against shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +161%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for EXEL.
Team view
7 executives
Ph.D.
Total PayFY2025
$33.2M
M.D.
Total PayFY2025
$11.1M
Executive Vice President
Total PayFY2025
$10.6M
Ph.D.
Total PayFY2025
$10.5M
Executive Vice President Commercial
Total PayFY2025
$9.0M
J.D.
Total PayFY2025
$9.0M
J.D., Ph.D. Senior Vice President and General Counsel
Total PayFY2025
$4.2M
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01FY2025 total compensation breakdown
$33.2M total compensation
Michael M. Morrissey earned $33.2M in FY2025— here's how that breaks down.
$30.5M
92% of total
$1.4M
4% of total
$1.3M
4% of total
$11.0K
0% of total
Activity timeline · FY2025
Recent events from filings
Apr 15, 2026
Michael M. Morrissey stock (Grant FV $6,939,635)
Apr 15, 2026
Michael M. Morrissey stock (Grant FV $8,797,970)
Apr 15, 2026
Michael M. Morrissey stock (Grant FV $14,801,947)
Apr 15, 2026
Michael M. Morrissey Equity award
Apr 15, 2026
Christopher J. Senner stock (Grant FV $2,238,589)
Apr 15, 2026
Christopher J. Senner stock (Grant FV $2,838,052)
Apr 15, 2026
Christopher J. Senner stock (Grant FV $4,267,226)
Apr 15, 2026
Christopher J. Senner Equity award
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the large-cap median compensation benchmark for companies around $14.5B market cap, based on 333 peers in this size band.
03Recent insider trades by officers and directors
~40 trades
04Showing FY2025 data (latest available)
FY2027does not include director compensation in our current dataset, so we're showing the latest board table we found.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.31M | $1.38M | $30.5M | $0.00M | $0.01M | $33.2M | |
| 2024 | $1.25M | $1.46M | $10.0M | $0.00M | $0.01M | $12.7M | |
| 2023 | $1.19M | $0.96M | $14.3M | $0.00M | $0.01M | $16.4M | |
| 2022 | $1.14M | $1.16M | $14.6M | $0.00M | $0.01M | $16.9M | |
| 2021 | $1.09M | $1.27M | $0.00M | $5.16M | $0.01M | $7.53M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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EXELIXIS, INC. (EXEL) — Key Facts
Last updated Jun 4, 2026 · DEF 14A filed Apr 15, 2026
| CEO | Michael M. Morrissey, Ph.D. |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $33.2M |
| Base salary | $1.3M |
| Stock awards | $30.5M |
| Other compensation | $11K |
| Source | DEF 14A, 2026-04-15 |
Michael M. Morrissey, the Ph.D. of EXELIXIS, INC., received total compensation of $33.2 million in fiscal year 2025. This includes base salary of $1.3 million and stock awards valued at $30.5 million.
Michael M. Morrissey's base salary at EXELIXIS, INC. is $1.3 million per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $33.2 million.
EXELIXIS, INC.'s CEO, Michael M. Morrissey, earned $33.2 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($30.5 million) rather than base salary ($1.3 million).