MedTech & Diagnostics
BioLife Solutions Executive Compensation (FY24)
BLFS · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024 ◇ Roderick de Greef | Median of the other named officers $1,515,139 5 officers, excluding the chief executive | Latest say-on-pay support = August 20, 2025 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 19, 2026Latest filing (8-K): August 21, 2025
7 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
Velarion Member, one year
217 figures on this page: 211 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
More on BioLife Solutions
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Roderick de Greef: $5,316,798 → $7,046,205 (32.5% higher)
Say-on-pay support: 86.3% → 94.7% (8.4 points higher)
CEO pay ratio: 72:1 → 58:1 (19.4% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is BioLife Solutions' chief executive and what were they paid?
Roderick de Greef was paid $7,046,205 in total compensation as Chief Executive Officer and Chairman of the Board for fiscal 2024. De Greef's total was 32.5% higher than the $5,316,798 reported for fiscal 2023.
What was BioLife Solutions' say-on-pay result?
Shareholders supported the say-on-pay proposal with 94.7% of votes cast including abstentions in favor at the meeting held August 20, 2025 for fiscal 2024.
Which companies are in BioLife Solutions' peer group?
Companies named in the disclosed peer group include AngioDynamics, Artivion, Atrion Corporation, Avid Bioservices and Axogen Corporation, among others.
What is BioLife Solutions' chief executive pay ratio?
The company reported a chief executive pay ratio of 58:1 for fiscal 2024, against median employee compensation of $122,390.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Roderick de Greef Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Troy Wichterman Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aby Mathew Executive Vice President and Chief Scientific Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Karen Foster Chief Quality and Operations Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Roderick de Greef Chief Executive Officer and Chairman of the Board | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Troy Wichterman Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Aby Mathew Executive Vice President and Chief Scientific Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Karen Foster Chief Quality and Operations Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Roderick de Greef Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Troy Wichterman Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aby Mathew Executive Vice President and Chief Scientific Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Karen Foster Chief Quality and Operations Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Garrie Richardson Former Chief Revenue Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Todd Berard Chief Commercial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Aby J. Mathew | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Aby J. Mathew | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Garrie Richardson | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Garrie Richardson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Karen Foster | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Karen Foster | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Roderick de Greef | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Roderick de Greef | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Todd Berard | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Todd Berard | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Troy Wichterman | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Troy Wichterman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Karen Foster | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 4/13/2026 | |
| Troy Wichterman | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Roderick de Greef | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Todd Berard | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Aby Mathew | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Amy DuRoss | ◇ | ◇ | — | — | — | — | ◇ |
Joydeep Goswami | ◇ | ◇ | — | — | — | — | ◇ |
Timothy Moore | ◇ | ◇ | — | — | — | — | ◇ |
Rachel Ellingson | ◇ | ◇ | — | — | — | — | ◇ |
Joseph Schick | ◇ | ◇ | — | — | — | — | ◇ |
Roderick de Greef, Tony Hunt and Cathy Coste served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- AngioDynamics ANGO
- Artivion AORT
- Atrion Corporation ATRI
- Avid Bioservices CDMO
- Axogen Corporation AXGN
- Azenta AZTA
- Cerus Corporation CERS
- Codexis CDXS
- Cryoport CYRX
- FW Cook symbol not shown
- Glaukos GKOS
- iRhythm IRTC
- MaxCyte MXCT
- Mesa Laboratories, Inc. MLAB
- Nanostring Technologies, Inc. NSTG
- NEVRO Corporation NVRO
- Seres Therapeutics MCRB
- Silk Road Medical, Inc. SILK
- STAAR Surgical Company STAA
- Standard BioTools LAB
- Veracyte, Inc. VCYT
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | August 20, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | August 1, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | July 21, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 9, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 18, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | July 9, 2020 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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- Roderick de Greef (Chief Executive Officer and Chairman of the Board), FY2024 total compensation $7,046,205 (base salary $744,450) [exec_comp, SEC accession 0000834365-25-000007, filed 2025-07-08]What this page does not include
Everything above is a fact BioLife Solutions disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where BioLife Solutions sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
217 figures on this page: 211 cited to the filing that reported them, 6 calculated from figures it prints.
211 cited to the filing
6 calculated from the filing
Documents cited
- 0000834365-25-000018Proposal No. 2 – Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers.
- 0000834365-25-000007AND DIRECTOR COMPENSATION
- 0001628280-24-035254Proposal No. 2 – Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers.
- 0001628280-23-025959
- 0001437749-22-015066
- 0001437749-21-015556
- 0001437749-20-015117
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “BioLife Solutions executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/BLFS (accessed 2026).
Short form: data: Velarion
The paid brief for BioLife Solutions
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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MedTech & Diagnostics rankings
Peers BioLife Solutions discloses
The companies named in BLFS's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}