Sarah Aebersold
About Sarah Aebersold
Sarah Aebersold, J.D., is Chief Human Resources Officer (CHRO) at BioLife Solutions (BioLife) and has served in this role since January 2023; she joined the company in February 2020 and was promoted to VP, Global HR in January 2021 before becoming CHRO in 2023 . She is 50 years old and is part of the company’s executive leadership team; her credentials are explicitly noted as J.D. in BioLife’s November 2025 organizational overview . During her CHRO tenure, BioLife executed a portfolio streamlining (three divestitures) and delivered 2024 revenue of $82.3 million (+8% y/y) with adjusted EBITDA of $15.6 million (19% margin), while the company’s pay-versus-performance TSR index stood at 160.44 for 2024, reflecting multi‑year share performance dynamics disclosed under SEC rules .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| BioLife Solutions | Senior Director, Global HR & Administration | Feb 2020 – Dec 2020 | Built/oversaw HR programs across employee relations, talent acquisition, benefits, compensation, training, policies, and data management . |
| BioLife Solutions | VP, Global Human Resources | Jan 2021 – Dec 2022 | Elevated HR leadership; base pay and incentive terms set via employment agreement effective Jan 1, 2021 . |
| BioLife Solutions | Chief Human Resources Officer | Jan 2023 – Present | Executive team member during portfolio divestitures and refocus on cell processing tools; org leadership through transition . |
| MCG Health | Head of HR & Administration | 2016 – 2020 | Led HR for healthcare solutions provider; senior leadership scope . |
| Spacelabs Healthcare | Senior Manager, Human Resources | 2014 – 2016; 2012 – 2013 | HR leadership for medical equipment manufacturer . |
| T-Mobile | Human Resource Manager | 2013 | HR management in large-scale corporate environment . |
| Seattle Children’s Hospital | Manager, HR Consulting | 2009 – 2012 | HR consulting leadership in pediatric healthcare . |
| ZymoGenetics, Inc. | Human Resources Manager | 2004 – 2009 | HR leadership in biotech/pharma setting . |
External Roles
- No external public company directorships disclosed for Aebersold in the executive officers section; directorships listed apply to Board members only .
Fixed Compensation
| Component | Detail | Source |
|---|---|---|
| Base Salary (on appointment to VP, Global HR) | $240,000 per year (effective Jan 1, 2021) | |
| Target Annual Bonus | 30% of base salary (as VP, Global HR under 2021 agreement) |
Note: The latest DEF 14A identifies NEO pay in detail but does not itemize CHRO-specific base/bonus amounts for 2024; Aebersold was not a named executive officer in 2024/2025 proxy tables .
Performance Compensation
- Annual cash incentive program: For 2024, the Compensation Committee determined Company Objectives results of 88% (used to calculate NEO payouts). Specific CHRO payout amounts were not disclosed .
- Long-term equity design: Executives (other than the CEO’s distinct mix) received service-vesting restricted stock and market-based RSUs in March 2024, split 50%/50% by grant-date value; service awards vest 25% at first anniversary then quarterly over three years, and market-based awards vest 0–200% of target over a two-year TSR window (Jan 1, 2024–Dec 31, 2025) versus a 20‑company peer group with specified percentile hurdles (30th–80th) .
| 2024 Annual Bonus Plan Company Outcome | Weighting | Target | Actual | Payout Mechanic | Vesting |
|---|---|---|---|---|---|
| Company Objectives (composite) | Not specified for CHRO | 100% | 88% | CHRO payout not disclosed; NEO payouts tied to 88% result | Cash |
| 2024 LTI Framework (plan design) | Instrument | Vesting / Performance Window | Payout Range |
|---|---|---|---|
| Service-vesting restricted stock | RSAs/RSUs | 25% at 1-year, then quarterly over 3 years | N/A (time-based) |
| Market-based RSUs | MRSUs | TSR vs 20‑company peer set over 1/1/2024–12/31/2025 | 0%–200% at 30th–80th percentiles (linear interp.) |
Equity plan accelerations: Under the 2023 Plan, single-trigger applies if awards are not assumed at change-in-control; otherwise double-trigger (termination without cause or good reason within 12 months post‑CIC) accelerates vesting. The 2013 Plan provided single-trigger acceleration at CIC .
Equity Ownership & Alignment
- Beneficial ownership: Third‑party SEC Form 4 trackers indicate Aebersold held approximately 77,357–77,169 BLFS shares as of mid-September to mid-October 2025 (post‑sale figures), reflecting cumulative equity from tenure; exact proxy-line item for Aebersold’s holdings was not listed in the 2025 beneficial ownership table .
- Recent insider activity: On Oct 9, 2025, she sold 188 shares at $27.36 (~$5,143) under a Rule 10b5‑1 plan to cover tax obligations on vesting; after the transaction she directly owned ~77,169 shares, per press summaries of Form 4 filings .
- Hedging/pledging: BioLife prohibits executive officers from hedging or pledging company securities (alignment positive) .
- Section 16 compliance: The proxy reports late Form 4 filings for multiple executives, including Aebersold (late filings on Apr 23, 2024 and Sep 18, 2024), indicating administrative/reporting control risk to monitor .
| Recent Form 4 snapshot | Date | Shares | Price | Notes |
|---|---|---|---|---|
| Sale (to cover taxes; 10b5‑1) | 2025‑10‑09 | 188 | $27.36 | Rule 10b5‑1; post‑trade holdings ~77,169 shares . |
Employment Terms
- Employment agreement on appointment to VP, Global HR (effective Jan 1, 2021): At‑will; base salary $240,000; target annual bonus up to 30% of base; participation in benefit plans .
- Severance (without cause or for good reason): Lump sum equal to 6 months’ base salary plus 6 months’ COBRA at then‑current cost and a tax gross‑up on those premiums .
- Change in control (CIC) within 90 days of termination: 6 months’ salary, 100% of any incentive cash/stock bonus for current year, plus 6 months’ COBRA with tax gross‑up .
- Restrictive covenants: One‑year non‑compete and non‑solicit post‑termination .
- Equity award vesting on CIC follows plan/award agreements (see plan acceleration features in Performance Compensation section) .
Performance & Track Record
- Company 2024 highlights under current leadership team: Revenue $82.3 million (+8% y/y), adjusted EBITDA $15.6 million (19% margin), and three divestitures generating ~$74.7 million cash; launch of CellSeal CryoCase .
- Pay-versus-Performance disclosure (multi‑year context): TSR index value 160.44 for 2024 (SEC‑defined calculation); non‑PEO NEO average Compensation Actually Paid rose alongside turnaround metrics compared to 2023 .
- Leadership bench: Aebersold is listed among the executive team in Nov 2025 investor materials, signaling continuity/stability in HR leadership through strategic refocus .
Risk Indicators & Red Flags
- Late Section 16(a) filings (Aebersold had multiple late filings in 2024), suggesting the need for tighter administrative controls; not typically a value‑creation issue but can draw governance scrutiny .
- Hedging/pledging is prohibited (positive alignment) .
- No related‑party transactions involving executives disclosed since Jan 1, 2024; no arrangements indicating a change in control known to the company .
- No legal proceedings requiring disclosure for directors/executive officers reported in proxy .
Compensation Structure Analysis
- Pay philosophy targets total compensation near the 50th percentile of a life sciences peer set, balancing base, annual cash incentives, and long‑term equity; FW Cook served as independent consultant on 2024 compensation structure and benchmarking .
- Mix shift toward market‑based equity with explicit TSR hurdles over two‑year windows aligns pay with shareholder returns; service‑based vesting provides retention spine .
- 2024 annual bonus plan paid at 88% of target on company objectives for NEOs; CHRO payout level not disclosed (limits precision of pay‑for‑performance assessment for her specific role) .
Compensation Peer Group and Say‑on‑Pay
- The company maintains an industry‑specific peer group for annual benchmarking; target compensation levels are aligned near median; detailed peer list not included in extracted sections .
- Say‑on‑pay support for 2023 compensation was 82.4% (supportive but not overwhelming, indicating room for continued investor engagement) .
Equity Ownership & Alignment Details
| Topic | Detail |
|---|---|
| Beneficial ownership (proxy table) | CHRO not itemized; directors/NEOs listed; total outstanding shares 47,835,214 as of June 23, 2025 . |
| CHRO holdings (Form 4 trackers) | ~77k shares as of Sep–Oct 2025; small routine sales to cover taxes via 10b5‑1 plan . |
| Hedging/pledging | Prohibited for executive officers . |
Employment Terms (Key Economics)
| Provision | Outside CIC | Upon/within 90 days of CIC |
|---|---|---|
| Salary severance | 6 months’ base salary | 6 months’ base salary |
| Bonus | N/A (outside CIC) | 100% of current‑year incentive opportunity |
| COBRA + gross‑up | 6 months COBRA + tax gross‑up | 6 months COBRA + tax gross‑up |
| Non‑compete / non‑solicit | 1 year | 1 year |
Investment Implications
- Alignment: Prohibition on hedging/pledging and sustained personal share ownership (~77k shares as of late 2025 per Form 4 trackers) are supportive of alignment; ongoing tax‑related 10b5‑1 sales suggest minimal incremental selling pressure from the CHRO specifically .
- Retention risk: Aebersold’s current contractual economics known from 2021 (6‑month severance/CIC) are lighter than the 12‑month NEO template disclosed for other executives in the 2025 proxy; absent an updated CHRO agreement, retention leverage rests more on equity value and role influence than on severance multiples .
- Execution: HR leadership continuity through 2024 divestitures and refocus supports organizational stability during a financial/strategic transition year that delivered revenue growth and positive adjusted EBITDA; this reduces execution risk around talent and integration for 2025–2026 .
- Governance watch‑items: Repeated late Section 16 filings (including by Aebersold) warrant monitoring as a governance hygiene issue; not thesis‑critical but may factor into stewardship assessments by some investors .