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CompBrief
Fiscal year 2024

Cedric Francois — FY2024 total compensation $10,957,451

Cedric Francois is President & Chief Executive Officer of Apellis Pharmaceuticals, Inc. (APLS). The company reported total compensation of $10,957,451 for fiscal year 2024.

01

Fiscal year 2024 compensation

Salary$793,193
Bonus$580,736
Stock awards$4,779,832
Option awards$4,787,768
Non-equity incentive plan$0
Pension and non-qualified deferred compensation$0
All other compensation$15,922
Total$10,957,451

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Apellis Pharmaceuticals, Inc. filed April 23, 2025, accession 0000950170-25-056966.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2024President & Chief Executive Officer$793,193$580,736$4,779,832$4,787,768$0$0$15,922$10,957,451
FY2023President & Chief Executive Officer$734,539$694,688$4,394,319$4,542,373$0$0$7,130$10,373,049
FY2022President & Chief Executive Officer$680,827$512,380$4,260,590$3,744,353$0$0$5,406$9,203,556

Totals as disclosed in each year's own compensation disclosure for Apellis Pharmaceuticals, Inc..

03

Peer context

Peer-group chief executive median$13,350,777
Difference from that median$-2,393,326
Percentile within the disclosed peer group38th
Peers with a disclosed figure13

Medians and percentiles are computed across the peer group Apellis Pharmaceuticals, Inc. discloses in its own compensation disclosure.

04

The other named executive officers of Apellis Pharmaceuticals, Inc.

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

The company's named executive officers for fiscal year 2024, and what it reported for each. See the full Apellis Pharmaceuticals, Inc. compensation brief.

05

The company page

Cedric Francois's compensation sits inside Apellis Pharmaceuticals, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Apellis Pharmaceuticals, Inc. (APLS) compensation brief