CEO Joseph Ferra was paid $2,326,372 in fiscal year 2024, ↑ up 86.6% from fiscal year 2023 (SEC filing 0001558370-25-005413 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$2,326,372 ↑ Joseph Ferra total, FY2024 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
Track this company's pay every filing: join the Pro seat waitlist
Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year
Ask our research desk — $99, 24h, every figure cited to its filing.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Joseph Ferra | $620,833 | $0 | $277,000 | $1,117,793 | $294,896 | $0 | $15,850 | $2,326,372 |
| President and Chief Executive Officer | ||||||||
| Valerie Jansen | 499,632 | 0 | 193,900 | 419,172 | 190,859 | 0 | 15,850 | 1,319,413 |
| Chief Medical Officer | ||||||||
| David Dornan | 456,000 | 0 | 103,875 | 419,172 | 174,192 | 0 | 11,850 | 1,165,089 |
| Chief Scientific Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Joseph Ferra | $2,326,372 | $1,246,870 | — | ↑ +1,079,502 |
| Valerie Jansen | 1,319,413 | 841,810 | — | ↑ +477,603 |
| David Dornan | 1,165,089 | 774,021 | — | ↑ +391,068 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
You have just read Elevation Acquisition Group Inc.'s Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper ELEV reports.
We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.
How we handle your data → Privacy
Each company listed discloses ELEV in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Valerie Jansen | Option | 225,000 | 2.77 | — |
| Joseph Ferra | Option | 17,500 | 3.78 | — |
| David Dornan | RSU | 37,500 | — | 21,113 |
| David Dornan | Option | 35,209 | 0.75 | — |
| Joseph Ferra | Option | 22,605 | 1.51 | — |
| Joseph Ferra | RSU | 100,000 | — | 56,300 |
| Valerie Jansen | RSU | 70,000 | — | 39,410 |
| Joseph Ferra | RSU | 25,123 | — | 14,144 |
| Joseph Ferra | Option | 31,138 | 16 | — |
| Joseph Ferra | Option | 65,000 | 0.75 | — |
| Joseph Ferra | Option | 146,250 | 0.98 | — |
| Joseph Ferra | Option | 600,000 | 2.77 | — |
| Valerie Jansen | Option | 13,221 | 3.09 | — |
| Valerie Jansen | Option | 8,334 | 7.58 | — |
| Valerie Jansen | Option | 17,500 | 3.78 | — |
| Valerie Jansen | Option | 35,209 | 0.75 | — |
| Valerie Jansen | Option | 70,417 | 0.98 | — |
| David Dornan | Option | 52,708 | 2.52 | — |
| David Dornan | Option | 70,417 | 0.98 | — |
| David Dornan | Option | 225,000 | 2.77 | — |
The company's compensation program is designed to attract, retain, and motivate executive officers by providing a competitive mix of base salary, annual cash bonuses, and long-term equity incentives. Annual bonuses are based on the achievement of corporate and individual performance objectives, while equity awards are granted to align executive interests with stockholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Alpine Rewards |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Julie M. Cherrington, Ph.DIndependent | — | $0 | $245,002 | — | — | $288,791 |
| Alan B. Sandler, M.DIndependent | — | 0 | 245,002 | — | — | 285,096 |
| Darcy Mootz, Ph.DIndependent · Audit · Compensation | — | 0 | 182,483 | — | — | 230,900 |
| Steven A. ElmsIndependent · Nominating and Corporate Governance (Chair) · Audit | — | 0 | 83,305 | — | — | 169,066 |
| R. Michael CarruthersIndependent · Audit (Chair) · Compensation | 58,694 | 0 | 83,305 | — | — | 141,999 |
| Timothy P. Clackson, Ph.DIndependent | — | 0 | 83,305 | — | — | 139,088 |
| Lori HuNot independent · Departed during FY | 13,447 | 0 | 0 | — | — | 13,447 |
| Joseph J. Ferra JrEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 10,000 / 4,000 |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $72,141 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $72,141 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Elevation Acquisition Group Inc. | 2024 | Joseph Ferra | $620,833 | $277,000 | $1,117,793 | $294,896 | $2,326,372 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Joseph Ferra | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Executive Compensation”. As printed: 2,326,372. Filing ↗machine: r5 · c14 · span 446279–446288 |
| 2 | Section 01, Valerie Jansen | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Executive Compensation”. As printed: 1,319,413. Filing ↗machine: r7 · c14 · span 454327–454336 |
| 3 | Section 01, David Dornan | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Executive Compensation”. As printed: 1,165,089. Filing ↗machine: r9 · c14 · span 462274–462283 |
| 4 | Section 08, Julie M. Cherrington, Ph.D | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 288,791. Filing ↗machine: span 192089–192259 |
| 5 | Section 08, Alan B. Sandler, M.D | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 285,096. Filing ↗machine: span 204835–205005 |
| 6 | Section 08, Darcy Mootz, Ph.D | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 230,900. Filing ↗machine: span 202206–202376 |
| 7 | Section 08, Steven A. Elms | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 169,066. Filing ↗machine: span 197156–197326 |
| 8 | Section 08, R. Michael Carruthers | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 141,999. Filing ↗machine: span 189641–189811 |
| 9 | Section 08, Timothy P. Clackson, Ph.D | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 139,088. Filing ↗machine: span 194722–194892 |
| 10 | Section 08, Lori Hu | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 13,447. Filing ↗machine: span 199768–199937 |
| 11 | Section 08, Joseph J. Ferra Jr | DEF 14A | 2025-04-24 | 0001558370-25-005413 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 12 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 13 | Section 09b board cost (computed) | Computed | — | — | Cash 72,141 + equity 0 + all other 0 = 72,141, summed across the director compensation table rows.machine: formula: Σ = 72,141 |
| 14 | Elevation Acquisition Group Inc. (subject), Section 10b CEO total | DEF 14A | 2025-04-24 | 0001558370-25-005413 | CEO total compensation as printed in Elevation Acquisition Group Inc.'s own proxy. As printed: 2,326,372. Filing ↗machine: r5 · c14 · span 446279–446288 |
The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.
You'll confirm on The Pay Desk's sign-up page.