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    Derek J. Maetzold

    Founder, President, Chief Executive Officer (CEO) at Castle Biosciences Inc
    Board
    Since September 2007
    Age
    63 years
    Education
    Holds a B.S. degree in Biology from George Mason University and has completed additional coursework at the University of Calgary Health Sciences Center and the MBA program at the University of California, Riverside.
    Tenure
    Founded CSTL in September 2007 and has served as its President and Chief Executive Officer (CEO) since its inception.

    Also at Castle Biosciences Inc

    FS
    Frank Stokes
    Chief Financial Officer
    KMO
    Kristen M. Oelschlager
    Chief Operating Officer
    TWJ
    Tobin W. Juvenal
    Chief Commercial Officer

    About

    The executive holds a strong academic background, having earned a B.S. degree in Biology from George Mason University and completed further studies at the University of Calgary Health Sciences Center as well as the MBA program at the University of California, Riverside.

    He founded CSTL in September 2007 and has served as its President and Chief Executive Officer (CEO) since inception, contributing significantly to the development and commercialization of diagnostic tests, particularly in the areas of oncology and dermatology.

    Prior to launching CSTL, he gained extensive leadership experience in the pharmaceutical and healthcare sectors through roles at organizations such as Encysive Pharmaceuticals, Schering-Plough Corporation, Integrated Communications, Amylin Pharmaceuticals, and Sandoz Pharmaceuticals, while also contributing his expertise as a board member for entities including PreludeDx and IMPACT Melanoma.

    $CSTL Performance Under Derek J. Maetzold

    Past Roles

    OrganizationRoleDate RangeDetails
    Encysive PharmaceuticalsLeadership RoleN/AContributed to the discovery, development, and commercialization of diagnostic tests and co-invented technologies
    Schering-Plough Corporation (now Merck)Leadership RoleN/ARole not detailed
    Integrated CommunicationsLeadership RoleN/ARole not detailed
    Amylin PharmaceuticalsLeadership RoleN/ARole not detailed
    Sandoz Pharmaceuticals (now a division of Novartis)Leadership RoleN/ARole not detailed

    External Roles

    OrganizationRoleDate RangeDetails
    PreludeDxDirectorN/AActive role outside CSTL
    Coalition for 21st Century MedicineDirectorN/AActive role outside CSTL
    IMPACT MelanomaDirectorN/AActive role outside CSTL

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$686,400 AnnualFixed annual cash compensation; increased by 4.0% from $660,000 in 2022
    401(k) Matching Contributions$18,300 Per contribution periodMatches 100% of up to 6% of eligible compensation; maximum match for 2023 was $19,800
    Financial Advisory Services$7,934 AnnualReimbursement for financial advisory services provided in 2023

    Performance Compensation

    Data from  FY 2023

    Non-Equity Incentive Plan Compensation

    MetricValueCitation
    Performance BasisCorporate Performance Goals (100% weighting)
    Threshold Level55.0%
    Target Level100%
    Maximum Level172.5%
    Actual Corporate Performance137.0%
    Base Salary Used for Calculation$686,400
    Target Bonus Percentage95% of base salary
    Target Bonus Amount$652,080
    Actual Bonus Earned$893,350
    Vesting ScheduleNone (cash bonus, no vesting)N/A
    Grant Date / Fair Value / Stock PriceN/AN/A
    Evaluation Period2023