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    John Wilson

    Chief Operating Officer at Rapid Micro Biosystems Inc
    Since January 2021
    Age
    56 years
    Education
    Holds an M.B.A. from the University of San Francisco and a B.S. in Business Management from the University of Phoenix.
    Tenure
    Joined in January 2021 and has served as Chief Operating Officer at RPID since then.

    Also at Rapid Micro Biosystems Inc

    About

    John Wilson is the Chief Operating Officer at Rapid Micro Biosystems (RPID) and is 56 years old based on the most recent information available.

    He holds an M.B.A. from the University of San Francisco and a B.S. in Business Management from the University of Phoenix, reflecting a strong educational background in business and management.

    Prior to his current role at RPID, he had a lengthy career at Becton Dickinson and Company where he held several leadership positions including Vice President of Global Operations, Director of Operational Excellence, Vice President of Manufacturing, and Plant Manager, contributing significantly to operational excellence and global manufacturing.

    Past Roles

    OrganizationRoleDate RangeDetails
    Becton Dickinson and Company Vice President of Global Operations November 2010 - January 2021 Led manufacturing activities worldwide ensuring quality, supply, and delivery
    Becton Dickinson and Company Director of Operational Excellence November 2010 - January 2021 Focused on streamlining business processes and operational improvements
    Becton Dickinson and Company Vice President of Manufacturing November 2010 - January 2021 Oversaw global manufacturing functions
    Becton Dickinson and Company Plant Manager November 2010 - January 2021 Managed plant operations internationally

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $432,640 AnnuallyFixed annual salary; increased by 4% from 2022 ($416,000)
    Bonus $62,400 One-time (awarded March 9, earned September 1, 2023)Cash retention bonus awarded at board discretion
    Stock Awards $125,116 Grant Date (2023)Aggregate grant date fair value of RSUs; includes probable outcome of performance conditions
    Option Awards $132,867 Grant Date (2023)Full grant-date fair value of stock options per FASB ASC Topic 718
    All Other Compensation $29,696 AnnuallyIncludes 401(k) matching ($8,445) and insurance premiums ($21,251)

    Performance Compensation

    Data from  FY 2023

    Performance Compensation Details

    Non-Equity Incentive Plan Compensation (Performance-Based Bonus): $175,230

    This performance-based cash bonus is targeted at 50% of Base Salary and is determined based on both corporate and individual performance metrics for the 2023 fiscal year. There is no vesting schedule as it is a cash component. The final bonus is determined by the Compensation Committee, with the evaluation period being the 2023 fiscal year.

    Corporate Performance Metrics

    MetricWeightAchievement (%)Earned Payout (%)
    Commercial Execution and Revenue Growth 50% 76% 29%
    New Product Development 20% 100% 20%
    Customer Experience 10% 127% 13%
    Gross Margin Improvement 10% 0% 0%
    Employee Engagement, Recruitment, and Development 10% 200% 20%
    Total (Corporate) 75% 81% 81%

    Individual Performance Metric

    The individual performance goal was achieved at 80% with a weight of 25% .

    Summary

    • Target Bonus: 50% of base salary.
    • Evaluation Period: 2023 fiscal year.
    • Final Payout Determination: Based on corporate (weighted 75%) and individual (weighted 25%) performance, with overall achievements of 81% and 80% respectively.
    • No Vesting Schedule: As the bonus is cash-based.
    • Final Bonus Amount: $175,230.