Chief Executive Officer · NovoCure Ltd (NVCR)

Frank Leonard

A named executive officer of NovoCure in every fiscal year CompBrief holds from FY2023 to FY2025. 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, FY2025

$6,975,329

FY2024: $5,823,930

2nd of 6 named executive officers at NovoCure by FY2025 total.

6 named officers on file for NovoCure, FY2025

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What this number hides

The filing gives the total. NovoCure’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 20, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Frank Leonard compensation by year

NovoCure Summary Compensation Table · all 3 fiscal years held
In US dollars, as NovoCure reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$475,000$525,000$570,000
Bonus$0$0$0
Stock awards$2,866,517$3,333,317$4,999,993
Option awards$1,435,196$1,670,829$1,001,020
Non-equity incentive$253,650$283,500$389,644
Pension and deferred compensation—$0$0
All other$8,874$11,284$14,672
Total$5,039,237$5,823,930$6,975,329

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NovoCure Ltd DEF 14A filed April 20, 2026, accession 0001645113-26-000033, and prior-year filings.

How this page was built: the NovoCure Ltd filed document, accession 0001645113-26-000033. Every figure is read from that document and cited to the page and table it appears in. Filed April 20, 2026.

$5.0M
$5.8M
$7.0M
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU179,426$2,319,978—
PSU102,249$1,322,080—
RSU68,166$881,386—
RSU54,975$710,827—
PSU54,975$710,827—
PSU18,621$240,770—
RSU6,207$80,257—
Option81,499—$18.19
Option117,261—$16.30
Option15,485—$76.97
Option2,902—$73.20
Option7,605—$80.59

Per the Outstanding Equity Awards at Fiscal Year-End table in NovoCure Ltd's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2025 proxy (filed April 20, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-06-30Grant or award—1,905$11.15461,425
2026-06-04Sale—34,273$17.93459,520

The 2 most recent of 2 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 →

Change-in-control & termination

estimated payments NovoCure discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$438,750$0$24,472$463,222
Resignation for good reason, no change in control$438,750$0$24,472$463,222
Change in control and involuntary termination$1,404,000$3,992,448$32,629$5,429,077
Change in control and resignation for good reason$1,404,000$3,992,448$32,629$5,429,077

Per the Potential Payments Upon Termination or Change in Control table in NovoCure Ltd's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

NovoCure’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Ashley CordovaFormer Chief Executive Officer$13,198,354
Frank Leonard · this pageChief Executive Officer$6,975,329
Christoph BrackmannChief Financial Officer$4,163,398
Uri WeinbergChief Medical and Innovation Officer$4,159,945
Nicolas LeupinFormer Chief Medical Officer$3,999,041
Michael PuriChief Human Resources Officer$3,933,893

Board service

NovoCure board · FY2025

How this board is paid

Company policy: NovoCure pays directors a $55,000 cash retainer and $375,000 in equity. As stated in NovoCure's FY2025 proxy.

The full NovoCure compensation record

free company brief

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

Peer companies

named in the NovoCure 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 NovoCure'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 NovoCure'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.

Frank Leonard's compensation dossier