Senior Vice President, Chief Development Officer · Mersana Therapeutics, Inc. (MRSN)

Mohan Bala

Mohan Bala, Senior Vice President and Chief Development Officer at Mersana Therapeutics, Inc., received total compensation of $1,502,936 for fiscal year 2024. This amount included a base salary of $470,000, a cash bonus of $166,850, and stock-based compensation of $859,086.

A named executive officer of Mersana Therapeutics 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.

Total disclosed compensation, FY2024

$1,502,936

FY2023: $1,581,334

Compensation figures as of the proxy filed April 29, 2025 (DEF 14A).

Mohan Bala compensation by year

Mersana Therapeutics Summary Compensation Table · all 3 fiscal years held
In US dollars, as Mersana Therapeutics reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024
Salary$414,000$430,500$470,000
Bonus$62,800$0$0
Stock awards$205,668$269,100$176,166
Option awards$192,510$762,804$682,920
Non-equity incentive$7,000$111,930$166,850
Pension and deferred compensation—$0$0
All other—$7,000$7,000
Total$874,978$1,581,334$1,502,936

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Mersana Therapeutics, Inc. DEF 14A filed April 29, 2025, accession 0001104659-25-040448, and prior-year filings. Open the filing on EDGAR.

$875K
$1.6M
$1.5M
FY22
FY23
FY24
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU58,333$83,416—
RSU26,250$37,538—
RSU6,250$8,938—
Option213,281—$3.02
Option88,594—$6.06
Option28,125—$8.63

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

Mersana Therapeutics’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Michael HuberPresident and Chief Executive Officer$1,613,754
Brian DeSchuytnerSenior Vice President, Chief Operating Officer and Chief Financial Officer$1,543,586
Mohan Bala · this pageSenior Vice President, Chief Development Officer$1,502,936
Timothy LowingerSenior Vice President, Chief Science and Technology Officer$1,400,535
Alejandra CarvajalSenior Vice President, Chief Legal Officer$1,359,885

The full Mersana Therapeutics compensation record

free company brief

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

Compensation, the day it’s disclosed

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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 Mersana Therapeutics'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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