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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Bill & Melinda Gates Medical Research Institute Penny Heaton

Penny Heaton

Officer

CEO (END 7/2021) at Bill & Melinda Gates Medical Research Institute

Fiscal year ended December 31, 2021. Published on January 25, 2026.

$538,657
2021

Total compensation

Penny Heaton has been listed as an employee of Bill & Melinda Gates Medical Research Institute in Form 990 filings since fiscal year 2017. Total compensation for Penny Heaton has increased by 52.3% from 2017 to 2021.

Annual compensation details

$538,657
-38.4%
CEO (END 7/2021)
2021
$480k
40 hrs/wk
$60k
--
$874,923
+4.2%
Chief Executive Officer
2020
$806k
40 hrs/wk
$70k
--
$839,355
+9.1%
Chief Executive Officer
2019
$774k
40 hrs/wk
$66k
--
$769,495
+117.6%
Chief Executive Officer
2018
$706k
40 hrs/wk
$64k
--
$353,594
Chief Executive Officer
2017
$318k
20 hrs/wk
$37k
--

Total compensation by year

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Revisions to this profile

January 25, 2026:
2021 Bill & Melinda Gates Medical Research Institute 990 published
January 24, 2026:
2020 Bill & Melinda Gates Medical Research Institute 990 published
January 24, 2026:
2019 Bill & Melinda Gates Medical Research Institute 990 published

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2021

Other employees at Bill & Melinda Gates Medical Research Institute

Trevor Mundel
Board Chair and Director
$1,233,010
$0 $1,162,609 $70,401
Carolyn Ainslie
Director
$894,224
$0 $813,961 $80,263
Michael Dunne
Chief Medical Officer(Start 12/2020)
$801,453
$716,407 No related comp$85,046
Emilio Emini
Director,Ceo(End 7/2021;Start 8/2021)
$731,664
$309,872 $351,349 $70,443
Toni Hoover
Director (Start 7/2021)
$623,903
$0 $553,057 $70,846
Debra Weiss
Chief Operating Officer
$599,405
$530,549 No related comp$68,856
Jared Silverman
HEAD of Translational Discov
$555,473
$471,105 No related comp$84,368
Charles Wells
Clinical Development Leader
$528,532
$458,931 No related comp$69,601
Mohamed Bassyouni
Product Development Program Leader
$527,872
$446,774 No related comp$81,098

Other people named Penny Heaton

2021
Board Member
Penny Heaton
Path Vaccine Solutions
$0