BeOne Medicines AG Awards Dr. Lai Wang $10 Million Equity Grant and $750,000 Salary as President of R&D

Reuters12-18 19:08
BeOne Medicines AG Awards Dr. Lai Wang $10 Million Equity Grant and $750,000 Salary as President of R&D

BeOne Medicines Ltd. has announced updated compensation terms for Dr. Lai Wang, who has been appointed President, Global Head of Research and Development effective January 1, 2026. Dr. Wang will receive an annual salary of $750,000, with eligibility for an annual target bonus equal to 75% of his base salary, based on individual and corporate performance. Additionally, he will be granted a one-time equity incentive award of $10 million in restricted share units, vesting in four equal annual installments, with provisions for accelerated vesting under certain termination events.

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