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Cheryl R. Blanchard

President and Chief Executive Officer at Anika Therapeutics
Board
Since April 26, 2020
Age
59 years
Education
Earned a Ph.D. and M.S. in Materials Science and Engineering from the University of Texas-Austin and a B.S. in Ceramic Engineering from Alfred University.
Tenure
Joined ANIK as a director in 08-2018 and was promoted to President and Chief Executive Officer on 04-26-2020.

Also at Anika Therapeutics

AMN
Anne M. Nunes
Senior Vice President, Chief Operations Officer
IM
Ian McLeod
Vice President, Chief Accounting Officer
SG
Stephen Griffin
Executive Vice President, Chief Financial Officer, and Treasurer

About

Dr. Cheryl R. Blanchard is a seasoned executive with a robust technical background and a comprehensive career spanning leadership roles in both scientific and corporate environments. She is 59 years old as of the latest data and earned advanced degrees in Materials Science and Engineering along with a B.S. in Ceramic Engineering, positioning her as an expert in her field.

Before joining ANIK, she held several pivotal roles including serving as the President and CEO at Microchips Biotech, Inc. and leading Blanchard Consulting, LLC. Her experience also includes key positions at Zimmer, Inc., where she contributed to advancing research and development initiatives in the medical device industry.

At ANIK, she began her involvement as a director in 08-2018 and was elevated to her current role as President and Chief Executive Officer on 04-26-2020. In this capacity, she has been steering the company through strategic growth and governance advancements, while also holding board positions at other public companies, further reinforcing her commitment to corporate excellence.

$ANIK Performance Under Cheryl R. Blanchard

Past Roles

OrganizationRoleDate RangeDetails
Daré Bioscience, Inc. Board Member November 2019 – June 2024 Ended board service in June 2024
Anika Therapeutics Interim Chief Executive Officer February 2020 – April 2020 Served as interim CEO before promotion to President & CEO
Blanchard Consulting, LLC Principal 2012 – 2020 Provided scientific, regulatory, and business strategy consulting services
Microchips Biotech, Inc. President & Chief Executive Officer 2014 – November 2019 Led a venture-backed biotechnology company developing regenerative medicine and drug delivery products; company sold to Daré Bioscience
Zimmer, Inc. Senior Vice President, Chief Scientific Officer, and General Manager of Zimmer Biologics 2000 – 2012 Held various leadership positions in a medical device company focused on musculoskeletal products

External Roles

OrganizationRoleDate RangeDetails
Vigil Neuroscience, Inc. (NASDAQ: VIGL) Board Member Since December 2020 Active board membership

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Salary$726,000 AnnualBase salary for 2023
Stock Awards$1,614,708 Vests over three years commencing on the first anniversary of the grant date 60,004 shares granted on March 9, 2023
Option Awards$1,509,736 Vests over three years commencing on the first anniversary of the grant date 130,998 securities with an exercise price of $29.60 per share
All Other Compensation$26,196 AnnualIncludes matching 401(k) contributions ($23,100) and group term life insurance premiums

Performance Compensation

Data from  FY 2023

Bonus Compensation

MetricValue
Bonus Target$617,100
Actual Bonus Paid$583,160
Achievement94.5%
Evaluation Period2023 (Annual)
Performance MetricsNot provided
Threshold / Cap / WeightsNot provided

Additional Note: The documents indicate that the annual cash bonus was designed to reward both business and individual performance; however, detailed performance metrics, thresholds, caps, weights, and conditions were not provided for 2023.