Companies Exicure, Inc
Exicure (XCUR): executive pay, fiscal 2025
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CEO pay, last three years
- $50,000FY2023
- $170,000FY2024
- $439,000FY2025
CEO total pay was $439,000 in fiscal 2025 (Andy Yoo), up from $170,000 in fiscal 2024 (Paul Kang, the CEO that year).
FY2025: salary $439,000 · bonus $0 · stock awards $0 · option awards $0
Frequently asked questions
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.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Andy Yoo | $439,000 | $0 | $0 | $0 | $0 | $0 | $0 | $439,000 |
| Former Chief Executive Officer | ||||||||
| Seung Baik | 257,000 | 21,000 | 0 | 0 | 0 | 0 | 0 | 278,000 |
| Former Chief Financial Officer | ||||||||
| Paul Kang | 6,250 | 0 | 0 | 0 | 0 | 0 | 224,000 | 230,250 |
| Former Chief Executive Officer | ||||||||
| Jiyoung Hwang | — | — | — | — | — | — | — | — |
| Former Chief Financial 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.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Andy Yoo | $439,000 | $27,167 | — | ↑ +411,833 |
| Seung Baik | 278,000 | 5,778 | — | ↑ +272,222 |
| Paul Kang | 230,250 | 170,000 | 50,000 | ↑ +60,250 |
| Jiyoung Hwang | — | 170,000 | 49,432 | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company's executive compensation is primarily composed of fixed base salaries, as no equity awards or annual bonuses were granted to named executive officers during the fiscal year. The Compensation Committee did not hold meetings in 2025, and the company is in a transitional state with limited operations.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Dongho LeeIndependent · Audit · Compensation · Nominating and Corporate Governance | $20,000 | — | $0 | — | — | $20,000 |
| Seung Ik BaikEmployee director | 20,000 | — | 0 | — | — | 20,000 |
| Andy YooEmployee director | 20,000 | — | 0 | — | — | 20,000 |
| Sangwook SongNot independent · Departed during FY | 13,833 | — | 0 | — | — | 13,833 |
| Chang Keun ChoiIndependent · Departed during FY | 13,833 | — | 0 | — | — | 13,833 |
| Ho Jung JohnNot independent · Departed during FY | 13,833 | — | 0 | — | — | 13,833 |
| Minwoo KangIndependent · Departed during FY | 13,833 | — | 0 | — | — | 13,833 |
| Sangjin YeoIndependent · Audit (Chair) | 6,167 | — | 0 | — | — | 6,167 |
| Aejin HwangIndependent · Audit | 6,167 | — | 0 | — | — | 6,167 |
| Jiyoung HwangEmployee director · Departed during FY | 3,333 | — | 0 | — | — | 3,333 |
| Paul KangEmployee director · Departed during FY | 0 | — | 0 | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $20,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $130,999 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $130,999 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Exicure as a peer
Companies that benchmark against XCUR
No companies currently name XCUR as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
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 | Exicure, Inc | 2025 | Andy Yoo | $439,000 | $0 | $0 | $0 | $439,000 |
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.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2024 | 2024-06-28 | 4,356,290 | 153,415 | 17,754 | 96.6% | Passed |
| 2022 | 2022-06-10 | — | — | — | — | — |
| 2021 | 2021-06-01 | — | — | — | — | — |
| 2020 | 2020-06-03 | — | — | — | — | — |
| 2019 | 2019-06-14 | — | — | — | — | — |
| 2018 | 2018-06-19 | — | — | — | — | — |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2024 | 2024-06-28 | 96.6%a |
| 2022 | 2022-06-10 | —b |
| 2021 | 2021-06-01 | —c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes (if any) will have no effect on the outcome of these proposals.”.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (21 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Andy Yoo. DEF 14A, filed 2026-11-12. Section “Executive Compensation” · page 38. As printed: 439,000. View filing ↗
- Section 01, Seung Baik. DEF 14A, filed 2026-11-12. Section “Executive Compensation” · page 38. As printed: 278,000. View filing ↗
- Section 01, Paul Kang. DEF 14A, filed 2026-11-12. Section “Executive Compensation” · page 38. As printed: 230,250. View filing ↗
- Section 01, Jiyoung Hwang. DEF 14A, filed 2026-11-12. Section “Executive Compensation”. As printed: —. View filing ↗
- Section 08, Dongho Lee. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 20,000. View filing ↗
- Section 08, Seung Ik Baik. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 20,000. View filing ↗
- Section 08, Andy Yoo. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 20,000. View filing ↗
- Section 08, Sangwook Song. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 13,833. View filing ↗
- Section 08, Chang Keun Choi. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 13,833. View filing ↗
- Section 08, Ho Jung John. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 13,833. View filing ↗
- Section 08, Minwoo Kang. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 13,833. View filing ↗
- Section 08, Sangjin Yeo. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 6,167. View filing ↗
- Section 08, Aejin Hwang. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 6,167. View filing ↗
- Section 08, Jiyoung Hwang. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 3,333. View filing ↗
- Section 08, Paul Kang. DEF 14A, filed 2026-11-12. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-07-01. Item 5.07 · say-on-pay result. As reported: 96.6% (votes for as printed: 4,356,290). View filing ↗
- Section 06, 2022 vote. Form 8-K, filed 2022-06-13. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2021 vote. Form 8-K, filed 2021-06-02. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 130,999 + equity 0 + all other 0 = 130,999, summed across the director compensation table rows.
- Exicure, Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-11-12. CEO total compensation as printed in Exicure, Inc's own proxy. As printed: 439,000. View filing ↗