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Omid Farokhzad

Chief Executive Officer, Chair at Seer
Board
Since February 2018
Age
55 years
Education
Holds an M.A. and M.D. from Boston University and an M.B.A. from the Massachusetts Institute of Technology Sloan School of Management.
Tenure
Has been involved with SEER since March 2017 as a board member, co-founded the company, served as Chief Executive Officer since February 2018, became Chair in September 2020, and held the position of President from September 2022 to November 2023.

Also at Seer

DH
David Horn
President, Chief Financial Officer

About

Omid Farokhzad, M.D., has been a transformative force at SEER, having co-founded the company and contributed significantly to its strategic direction since joining as a board member in March 2017.

During his illustrious career, he has combined his strong academic background with extensive industry experience. He earned an M.A. and M.D. from Boston University and an M.B.A. from the Massachusetts Institute of Technology Sloan School of Management, which laid the foundation for his dual expertise in science and business.

Before dedicating his primary focus to SEER, he had an accomplished tenure at Harvard Medical School, where he directed the Center for Nanomedicine at Brigham and Women’s Hospital. This period emphasized his commitment to advancing healthcare and biomedical innovation.

At SEER, his leadership journey is marked by his role as Chief Executive Officer beginning in February 2018, his appointment as Chair in September 2020, and his period as President from September 2022 to November 2023. His visionary and multifaceted approach has driven significant contributions to the company's growth and evolution in the competitive biotechnology landscape.

$SEER Performance Under Omid Farokhzad

Past Roles

OrganizationRoleDate RangeDetails
SEER, Inc. President September 2022 - November 2023 Former role at SEER
Dynamics Special Purpose Corp. Executive Chair May 2021 - June 2022 N/A
Harvard Medical School Professor September 2004 - February 2018 Directed the Center for Nanomedicine at Brigham and Women’s Hospital
BIND Therapeutics Co-founder N/A Later acquired by Pfizer Inc.
Selecta Biosciences, Inc. Co-founder / Former Director N/A Clinical-stage biotechnology company
Tarveda Therapeutics, Inc. Co-founder N/A Clinical-stage biopharmaceutical company

External Roles

OrganizationRoleDate Range
Senti Biosciences Board Member N/A
Privately-held Companies Board Member N/A

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$600,500AnnualAfter March 2023 merit increase (4.4% increase from $575,484)
401(k) Plan Matching Contributions$2,500AnnualFixed contribution
Reimbursement of Commuting Costs$88,532AnnualFixed reimbursement for commuting costs
Gross-Up Allowance$70,657AnnualFixed gross-up allowance

Performance Compensation

Data from  FY 2023

Annual Cash Incentives

MetricTarget/ValueAdditional Details
Target Bonus Percentage85% of base salaryBonus based on corporate objectives: Financial (20%), Commercial (30%), R&D (40%), Organizational (10%)
Actual Bonus Payout$423,653Represents 83% of the target bonus payout

Equity Awards

ComponentUnits/OptionsGrant Date Fair ValuePerformance ThresholdVesting Schedule
RSUs402,000 units$1,845,180No specific performance condition providedVesting schedule not detailed
Stock Options650,000 options$2,170,350Must achieve 150% of the grant date price: average price target of $6.89 over 20 trading days 7-year performance period, expiring on 02/15/2030 if conditions are not met