Eric S. Lander
Director (Departed Administration)
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $45.5 M - $154.1 M
Salary
  • salary
    Unknown
Employment
  • 01/20/2021 - 02/18/2022
Departed Administration
  • Yes

Financial Disclosure Details - OGE Form 278e (01/21/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Cambridge, Massachusetts
CEO, President, Director, and Professor
Present
2
Cambridge, Massachusetts
Professor
Present
3
Cambridge, Massachusetts
Professor
Present
4
New York, New York
Member, Board of Directors
Present
5
Cambridge, Massachusetts
Member, Board of Directors
Present
6
Washington DC, District of Columbia
Member, Board of Directors
12/2020
7
Cambridge, Massachusetts
Member, Board of Directors
Present
8
Cambridge, Massachusetts
Member, Board of Directors
5/2020
9
Boston, Massachusetts
Scientific Advisor
Present
10
Boston, Massachusetts
Scientific Advisor
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Codiak Biosciences (CDAK) common stock
$5,000,001 - $25,000,000
None (or less than $201)
2
Codiak Biosciences (CDAK) vested stock options (value not readily ascertainable); 19,188 vested shares, strike $3.29, expire 2/19/2026; 8,634 vested shares, strike $10.17, expire 2/1/2028
None (or less than $201)
3
Codiak Biosciences (CDAK) stock options (value not readily ascertainable); 2,879 unvested shares, strike $10.17, expire 2/1/2028; 10,000 unvested shares, strike $15.00, expire 10/07/2030
None (or less than $201)
4
Broad Institute of MIT and Harvard
Salary
$1,407,115
5
Codiak Biosciences
Director Fees
$73,750
6
BioNTech SE (BNTX). Formerly restricted shares of Neon Therapeutics (NTGN).
$500,001 - $1,000,000
None (or less than $201)
7
Neon Therapeutics
Director Fees
$83,214
8
The Broad Institute, Inc. 457(b) Plan
8.1
Fidelity Freedom 2025 K Shares
$100,001 - $250,000
None (or less than $201)
9
HARVARD UNIVERSITY TAX-DEFERRED ANNUITY PLAN

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Cambridge, Massachusetts
I will take an unpaid, two-year leave of absence consistent with Harvard and MIT policies. I have the right to continue to participate in my health plan provided that I pay both the employer and employee contributions. Extension of this leave of absence beyond two academic years is only possible in extraordinary circumstances and requires approval of the MIT Provost and the Broad Institute Board of Directors.
1/2021
2
Cambridge, Massachusetts
I will take an unpaid, two-year leave of absence consistent with MIT policies. Extension of this beyond two academic years is only possible in extraordinary circumstances and requires approval of the Provost.
1/2021
3
Cambridge, Massachusetts
I will take an unpaid, two-year leave of absence consistent with Harvard policies. The leave of absence cannot be extended further under any circumstances.
1/2021
4
Cambridge, Massachusetts
Grant dated 2/19/2016: 19,188 shares at an exercise price of $3.29 per share. Vest 25% on first anniversary, 6.25% every quarter thereafter for 3 years. Expire 10 years from grant date, 2/19/2026.
8/2015
Grant dated 2/1/2018: 11,513 shares at an exercise price of $10.17 per share. Vest 25% on first anniversary, 6.25% every quarter thereafter for 3 years. Expire 10 years from grant date, 2/1/2028.
Grant dated 10/20/2020: 10,000 shares at an exercise price of $15.00 per share. Vest 100% on first anniversary. Expire 10 years from grant date, 10/20/2030.
I will exercise and sell vested options. I will forfeit all unvested stock options.
5
Cambridge, Massachusetts
I will continue to participate in this defined contribution plan. The plan sponsor will not make contributions while I am on an unpaid leave of absence during my government service
12/2017
6
Cambridge, Massachusetts
I will continue to participate in this defined contribution plan. The plan sponsor ceased making contributions upon my separation.
10/1989
7
Cambridge, Massachusetts
I will continue to participate in this defined contribution plan. The plan sponsor ceased making contributions upon my separation.
2/1992

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Cambridge, Massachusetts
CEO, President, Director and Faculty Member
2
Cambridge, Massachusetts
Member, Board of Directors (ended in 2020)
3
Cambridge, Massachusetts
Member, Board of Directors
4
Boston, Massachusetts
Member, Scientific Advisory Board
5
Boston, Massachusetts
Member, Scientific Advisory Board
6
Karnataka, India, Outside U.S.
Served on committee to select winner of the Infosys Prize; received honorarium; donated to charity.

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
IRA #1
1.1
Old Westbury Fixed Income Fund
$100,001 - $250,000
$1,001 - $2,500
1.2
Old Westbury Credit Income Fund
$15,001 - $50,000
$1,001 - $2,500
1.3
Old Westbury Large Cap Strategies Fund
$500,001 - $1,000,000
$1,001 - $2,500
1.4
Old Westbury All Cap Core Fund
$250,001 - $500,000
$201 - $1,000
1.5
Old Westbury Small & Mid Cap Strategies Fund (OWSMX)
$250,001 - $500,000
$201 - $1,000
1.6
Old Westbury Multi Asset Opportunities Fund
$15,001 - $50,000
$201 - $1,000

Other Assets and Income

#
Description
Value
Type
Amount
1
Old Westbury Large Cap Strategies Fund (OWLSX)
$5,000,001 - $25,000,000
$15,001 - $50,000
2
Old Westbury Small & Mid Cap Strategies Fund (OWSMX)
$1,000,001 - $5,000,000
$2,501 - $5,000
3
Old Westbury All Cap Core Fund (OWACX)
$250,001 - $500,000
None (or less than $201)
4
Old Westbury Credit Income Fund (OWCIX)
$500,001 - $1,000,000
$15,001 - $50,000
5
U.S. brokerage (cash)
$15,001 - $50,000
Interest
None (or less than $201)
6
Univ of Texas bond
$250,001 - $500,000
Interest
None (or less than $201)
7
U.S. brokerage (cash)
$100,001 - $250,000
Interest
None (or less than $201)
8
Texas State bond
$100,001 - $250,000
Interest
None (or less than $201)
9
Hampton Roads VA bond
$100,001 - $250,000
Interest
None (or less than $201)
10
US Treasury Notes
$500,001 - $1,000,000
Interest Capital Gains
$50,001 - $100,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Cambridge Trust
$100,001 - $250,000
2000
30 years
2
5TH AVE REAL ASSETS 3 T1 Fund
$100,001 - $250,000
2015
On demand

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
2
5
$9,750 of the amount reported was received subsequent to filing the report.
2
6
Shares acquired via corporate action. BioNTech SE (BNTX) acquired Neon Therapeutics (NTGN)
2
17
Served on committee to select winner of the Infosys Prize; honorarium donated to charity.
2
23
Equity distributed in-kind is reported separately on this report.
2
23.1.1
Corvia Medical Inc. (medical devices); NinePoint Medical, Inc. (medical devices); Sensen Bio, Inc (therapeutics); Seventh Sense Biosystems Inc. (blood collection technology).
2
23.2
See holdings in endnote to line 23.1.1. Equity distributed in-kind is reported separately on this report.
2
24
Equity distributed in-kind is reported separately on this report.
2
24.1.1
Alcresta Therapeutics, Inc. (enzyme based products); Allena Pharmaceuticals, Inc. (ALNA); Jounce Therapeutics, Inc. (JNCE); Kibur Medical, Inc.(Medical Devices); PanOptica, Inc. (biopharmaceutical); Revolution Medicines, Inc. (RVMD)
2
24.2
See holdings in Endnote to line 24.1.1. Equity distributed in-kind is reported separately on this report.
2
25
Equity distributed in-kind is reported separately on this report.

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