Michael  Morrissey net worth and biography

Michael Morrissey Biography and Net Worth

CEO of Exelixis

Dr. Michael Morrissey is the president, CEO and a director of Exelixis, the biotechnology company he joined in 2000. 

He has served as Exelixis’ president and CEO since 2010. During his tenure with the company, Exelixis has grown its flagship medicine, CABOMETYX, into a global oncology franchise that treats various forms of cancer. Additionally, the company has worked to build a differentiated pipeline to boost this leading product through the process of internal drug discovery activities at its Alameda campus. 

Since beginning his career with Exelixis in early 2000, Dr. Morrissey has taken on roles of increasing responsibility, moving quickly up the leadership ladder. From 2007 to 2010, he served as president of research and development before moving on to his current position as president and CEO of the company. 

Before joining Exelixis in 2000, he worked for Berlex Biosciences in various roles between 1991 to 2000. His most recent position with the company was as VP of discovery research. Dr. Morrissey’s early career was marked by time spent as a senior scientist and project team leader in medicinal chemistry for CIBA-Geigy Corporation. 

A prolific researcher, Dr. Morrissey has authored numerous articles in scientific publications on drug discovery and medicinal chemistry. He currently serves on the board of XWPharma Ltd., a privately-held biopharmaceutical company, and he is listed as the inventor on 70 issued U.S. patents, as well as 25 additional patent applications.

Dr. Morrissey received his B.S. in chemistry from the University of Wisconsin, and he also holds a Ph.D. in chemistry from Harvard University. 

What is Michael Morrissey's net worth?

The estimated net worth of Michael Morrissey is at least $24.42 million as of January 23rd, 2020. Dr. Morrissey owns 1,038,031 shares of Exelixis stock worth more than $24,424,869 as of April 25th. This net worth approximation does not reflect any other investments that Dr. Morrissey may own. Additionally, Dr. Morrissey receives a salary of $2,310,000.00 as CEO at Exelixis. Learn More about Michael Morrissey's net worth.

How old is Michael Morrissey?

Dr. Morrissey is currently 63 years old. There are 5 older executives and no younger executives at Exelixis. Learn More on Michael Morrissey's age.

What is Michael Morrissey's salary?

As the CEO of Exelixis, Inc., Dr. Morrissey earns $2,310,000.00 per year. Learn More on Michael Morrissey's salary.

How do I contact Michael Morrissey?

The corporate mailing address for Dr. Morrissey and other Exelixis executives is 1851 Harbor Bay Parkway, Alameda CA, 94502. Exelixis can also be reached via phone at (650) 837-7000 and via email at [email protected]. Learn More on Michael Morrissey's contact information.

Has Michael Morrissey been buying or selling shares of Exelixis?

Michael Morrissey has not been actively trading shares of Exelixis during the last quarter. Most recently, Michael Morrissey sold 25,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $18.91, for a transaction totalling $472,750.00. Learn More on Michael Morrissey's trading history.

Who are Exelixis' active insiders?

Exelixis' insider roster includes Dana Aftab (EVP), Charles Cohen (Director), Carl Feldbaum (Director), Alan Garber (Director), Patrick Haley (EVP), Jeffrey Hessekiel (EVP), David Johnson (Director), Peter Lamb (EVP), Vincent Marchesi (Director), Michael Morrissey (CEO), Stelios Papadopoulos (Director), George Poste (Director), Gisela Schwab (CMO), Christopher Senner (CFO), Lance Willsey (Director), and Jack Wyszomierski (Director). Learn More on Exelixis' active insiders.

Are insiders buying or selling shares of Exelixis?

In the last year, Exelixis insiders bought shares 2 times. They purchased a total of 310,409 shares worth more than $6,535,038.49. In the last year, insiders at the biotechnology company sold shares 10 times. They sold a total of 331,237 shares worth more than $7,116,373.36. The most recent insider tranaction occured on March, 21st when Director Alan M Garber sold 19,205 shares worth more than $461,112.05. Insiders at Exelixis own 2.9% of the company. Learn More about insider trades at Exelixis.

Information on this page was last updated on 3/21/2024.

Michael Morrissey Insider Trading History at Exelixis

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/26/2020Sell25,000$18.91$472,750.00View SEC Filing Icon  
2/19/2020Sell25,000$21.75$543,750.00View SEC Filing Icon  
2/13/2020Sell25,000$20.11$502,750.00View SEC Filing Icon  
1/29/2020Sell25,000$17.87$446,750.00View SEC Filing Icon  
1/23/2020Sell25,000$19.41$485,250.001,038,031View SEC Filing Icon  
1/16/2020Sell25,000$20.33$508,250.00View SEC Filing Icon  
1/8/2020Sell25,000$18.85$471,250.00View SEC Filing Icon  
1/2/2020Sell25,000$17.49$437,250.00View SEC Filing Icon  
10/2/2019Sell26,364$17.66$465,588.24View SEC Filing Icon  
9/18/2019Sell37,227$19.20$714,758.40View SEC Filing Icon  
8/14/2019Sell35,040$20.11$704,654.40View SEC Filing Icon  
8/2/2019Sell35,040$20.25$709,560.00View SEC Filing Icon  
7/17/2019Sell34,721$21.37$741,987.77View SEC Filing Icon  
7/3/2019Sell34,721$21.03$730,182.63View SEC Filing Icon  
5/8/2019Sell42,000$20.15$846,300.00View SEC Filing Icon  
4/24/2019Sell40,000$20.75$830,000.00View SEC Filing Icon  
4/10/2019Sell40,000$24.06$962,400.00View SEC Filing Icon  
3/27/2019Sell40,000$23.39$935,600.00View SEC Filing Icon  
3/13/2019Sell40,000$24.64$985,600.00View SEC Filing Icon  
2/27/2019Sell40,000$22.69$907,600.00View SEC Filing Icon  
2/14/2019Sell40,000$22.39$895,600.00View SEC Filing Icon  
1/30/2019Sell40,000$23.12$924,800.00View SEC Filing Icon  
1/16/2019Sell40,000$23.29$931,600.00View SEC Filing Icon  
1/4/2019Sell40,000$20.11$804,400.00View SEC Filing Icon  
1/2/2019Sell6,046$20.00$120,920.00View SEC Filing Icon  
11/15/2018Sell25,000$17.22$430,500.00View SEC Filing Icon  
11/2/2018Sell37,499$17.57$658,857.43View SEC Filing Icon  
10/1/2018Sell12,501$17.82$222,767.82View SEC Filing Icon  
8/20/2018Sell90,000$17.82$1,603,800.00View SEC Filing Icon  
8/9/2018Sell234,267$21.04$4,928,977.68View SEC Filing Icon  
8/7/2018Sell100,000$21.10$2,110,000.00View SEC Filing Icon  
7/16/2018Sell90,000$21.13$1,901,700.00View SEC Filing Icon  
6/25/2018Sell90,000$19.62$1,765,800.00View SEC Filing Icon  
5/24/2018Sell90,000$20.55$1,849,500.00View SEC Filing Icon  
4/11/2018Sell90,000$20.78$1,870,200.00View SEC Filing Icon  
9/14/2017Sell300,000$26.90$8,070,000.00View SEC Filing Icon  
5/10/2017Sell211,300$21.87$4,621,131.00View SEC Filing Icon  
5/9/2017Sell100,000$21.69$2,169,000.00View SEC Filing Icon  
5/8/2017Sell11,300$21.81$246,453.00View SEC Filing Icon  
5/5/2017Sell259,149$22.24$5,763,473.76View SEC Filing Icon  
3/6/2017Sell200,000$22.72$4,544,000.00View SEC Filing Icon  
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Michael Morrissey Buying and Selling Activity at Exelixis

This chart shows Michael Morrissey's buying and selling at Exelixis by year and by quarter.

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Exelixis Company Overview

Exelixis logo
Exelixis, Inc., an oncology company, focuses on the discovery, development, and commercialization of new medicines for difficult-to-treat cancers in the United States. The company offers CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat specific forms of advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. It develops zanzalintinib, a novel, potent, next-generation oral tyrosine kinase inhibitor (TKI) that targets VEGF receptors, MET and the TAM kinases (TYRO3, AXL and MER); and XB002, a next-generation tissue factor (TF)-targeting ADC, administered via intravenous infusion and composed of a human monoclonal antibody (mAb) against TF that is conjugated to an auristatin-based microtubulin inhibitor (MTI) payload. It has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Redwood Bioscience, Inc.; R.P. Scherer Technologies, LLC; Catalent Pharma Solutions, Inc.; NBE Therapeutics AG; Aurigene Discovery Technologies Limited; Iconic Therapeutics, Inc.; Invenra, Inc.; StemSynergy Therapeutics, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited, as well as clinical development agreement with Sairopa B.V. for ADU-1805. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was incorporated in 1994 and is headquartered in Alameda, California.
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Today's Range

Now: $23.53
Low: $23.36
High: $23.74

50 Day Range

MA: $22.73
Low: $20.48
High: $23.92

2 Week Range

Now: $23.53
Low: $18.08
High: $24.34

Volume

1,429,751 shs

Average Volume

2,264,538 shs

Market Capitalization

$6.94 billion

P/E Ratio

36.77

Dividend Yield

N/A

Beta

0.54