President & Chief Executive Officer · Apellis Pharmaceuticals, Inc. (APLS)

Cedric Francois

A named executive officer of Apellis Pharmaceuticals in every fiscal year CompBrief holds from FY2022 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$10,957,451

FY2023: $10,373,049

1st of 5 named executive officers at Apellis Pharmaceuticals by FY2024 total.

5 named officers on file for Apellis Pharmaceuticals, FY2024

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What this number hides

The filing gives the total. Apellis Pharmaceuticals’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 23, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-06.

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Cedric Francois compensation by year

Apellis Pharmaceuticals Summary Compensation Table · all 3 fiscal years held
In US dollars, as Apellis Pharmaceuticals reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024
Salary$680,827$734,539$793,193
Bonus$512,380$694,688$580,736
Stock awards$4,260,590$4,394,319$4,779,832
Option awards$3,744,353$4,542,373$4,787,768
Non-equity incentive$0$0$0
Pension and deferred compensation$0$0$0
All other$5,406$7,130$15,922
Total$9,203,556$10,373,049$10,957,451

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Apellis Pharmaceuticals, Inc. DEF 14A filed April 23, 2025, accession 0000950170-25-056966, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Apellis Pharmaceuticals, Inc. filed document, accession 0000950170-25-056966. Every figure is read from that document and cited to the page and table it appears in. Filed April 23, 2025.

$9.2M
$10.4M
$11.0M
FY22
FY23
FY24
SalaryBonusStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU72,094$2,300,520—
RSU62,586$1,997,119—
RSU60,076$1,917,025—
RSU6,250$199,438—
Option104,834—$66.30
Option68,278—$52.66
Option46,150—$35.46
Option3,125—$44.90

Per the Outstanding Equity Awards at Fiscal Year-End table in Apellis Pharmaceuticals, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

46 Form 4 lines since the FY2024 proxy (filed April 23, 2025)
current to 2026-11-06 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-05-14Disposition to the issuer—195,952—0
2026-05-14U—472,065—0
2026-05-14Disposition to the issuer—97,976—0
2026-05-14U—300,000—0
2026-05-14U—234,411—0
2026-05-14U—372,815—0
2026-05-14Disposition to the issuer derivative—150,000—0
2026-05-14Disposition to the issuer—20,862—0

The 8 most recent of 46 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Apellis Pharmaceuticals’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Cedric Francois · this pagePresident & Chief Executive Officer$10,957,451
Caroline BaumalChief Medical Officer$4,407,128
Adam TownsendChief Commercial Officer$3,956,053
Timothy SullivanChief Financial Officer$3,949,075
David WatsonGeneral Counsel$3,891,721

Board service

Apellis Pharmaceuticals board · FY2023–FY2024

How this board is paid

Company policy: Apellis Pharmaceuticals pays directors a $50,000 cash retainer and $400,000 in Options and RSUs. As stated in Apellis Pharmaceuticals's FY2024 proxy.

The full Apellis Pharmaceuticals compensation record

free company brief

This page is one person within Apellis Pharmaceuticals's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Apellis Pharmaceuticals proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Apellis Pharmaceuticals's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Apellis Pharmaceuticals's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Cedric Francois's compensation dossier