AVITA Medical Management
Management criteria checks 1/4
AVITA Medical's CEO is Jim Corbett, appointed in Sep 2022, has a tenure of 1.58 years. total yearly compensation is $2.07M, comprised of 30.2% salary and 69.8% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth A$119.71K. The average tenure of the management team and the board of directors is 1.2 years and 5.5 years respectively.
Key information
Jim Corbett
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 30.2% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.2yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Here's Why We're Not Too Worried About AVITA Medical's (ASX:AVH) Cash Burn Situation
Sep 22
We're Interested To See How AVITA Medical (ASX:AVH) Uses Its Cash Hoard To Grow
Jun 02Here's Why We're Not At All Concerned With AVITA Medical's (ASX:AVH) Cash Burn Situation
Jan 11Companies Like AVITA Medical (ASX:AVH) Are In A Position To Invest In Growth
Feb 07AVITA Medical's (ASX:AVH) Wonderful 304% Share Price Increase Shows How Capitalism Can Build Wealth
Dec 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$625k | -US$35m |
| Sep 30 2023 | n/a | n/a | -US$34m |
| Jun 30 2023 | n/a | n/a | -US$31m |
| Mar 31 2023 | n/a | n/a | -US$26m |
| Dec 31 2022 | US$2m | US$157k | -US$27m |
| Sep 30 2022 | n/a | n/a | -US$30m |
| Jun 30 2022 | n/a | n/a | -US$30m |
| Mar 31 2022 | n/a | n/a | -US$29m |
| Dec 31 2021 | US$256k | n/a | -US$25m |
Compensation vs Market: Jim's total compensation ($USD2.07M) is above average for companies of similar size in the Australian market ($USD628.85K).
Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.
CEO
Jim Corbett (65 yo)
1.6yrs
Tenure
US$2,068,675
Compensation
Mr. James M. Corbett, also known as Jim, served as Chief Executive Officer of CathWorks Ltd. since October 27, 2017 until 2021. He serves as Director of CathWorks Ltd.until 2021. He served as an Independe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 1.6yrs | US$2.07m | 0.034% $ 119.7k | |
| Chief Financial Officer | less than a year | US$2.18m | no data | |
| General Counsel | 5.8yrs | US$1.24m | 0.056% $ 199.9k | |
| Senior Vice President of Global Operations | 1.2yrs | no data | no data | |
| Senior Vice President of Scientific & Medical Affairs | less than a year | no data | no data | |
| Investor Relations Executive | no data | no data | no data | |
| Senior Vice President of Global Marketing & Strategy | 5.8yrs | no data | no data | |
| Senior Vice President of Human Resources | 1.2yrs | no data | no data | |
| Senior Vice President of Global Sales | less than a year | no data | no data | |
| Senior Vice President of Product Development & Program Management | 1.2yrs | no data | no data | |
| Senior Vice President of Quality Assurance & Regulatory Affairs | 1.2yrs | no data | no data |
1.2yrs
Average Tenure
64yo
Average Age
Experienced Management: AVH's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 2.8yrs | US$2.07m | 0.034% $ 119.7k | |
| Independent Non-Executive Director | 2.8yrs | US$211.12k | 0.088% $ 313.0k | |
| Independent Non-Executive Director | 11.5yrs | US$199.87k | 0.056% $ 198.9k | |
| Founder and Member of Clinical Advisory Board | 8.3yrs | US$29.80k | no data | |
| Independent Non-Executive Chairman | 9.8yrs | US$234.69k | 0.14% $ 509.8k | |
| Independent Non-Executive Director | less than a year | US$369.11k | 0% $ 0 | |
| Independent Non-Executive Director | less than a year | US$364.94k | 0% $ 0 | |
| Independent Non-Executive Director | 8.3yrs | US$195.28k | 0.082% $ 290.0k |
5.5yrs
Average Tenure
66yo
Average Age
Experienced Board: AVH's board of directors are considered experienced (5.5 years average tenure).