Seagen Management
Management criteria checks 2/4
Seagen's CEO is David Epstein, appointed in Nov 2022, has a tenure of 1.08 years. total yearly compensation is $58.59M, comprised of 0.3% salary and 99.7% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth R$18.44M. The average tenure of the management team and the board of directors is 2.4 years and 9.9 years respectively.
Key information
David Epstein
Chief executive officer
US$58.6m
Total compensation
| CEO salary percentage | 0.3% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.009% |
| Management average tenure | 2.4yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$750m |
| Jun 30 2023 | n/a | n/a | -US$725m |
| Mar 31 2023 | n/a | n/a | -US$649m |
| Dec 31 2022 | US$59m | US$190k | -US$610m |
Compensation vs Market: David's total compensation ($USD58.59M) is above average for companies of similar size in the BR market ($USD5.72M).
Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.
CEO
David Epstein (61 yo)
1.1yrs
Tenure
US$58,588,196
Compensation
Mr. David R. Epstein, B.Sc., M.B.A., serves as Chief Executive Officer and Director at Seagen Inc. since November 9, 2022. He served as an Independent Director at Senti Biosciences, Inc. since June 09, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | US$58.59m | 0.0087% R$ 18.4m | |
| Chief Financial Officer | 18.2yrs | US$5.71m | 0.049% R$ 104.8m | |
| Chief Technical Officer | 7.3yrs | US$4.54m | 0.071% R$ 150.9m | |
| Chief Legal Officer & Corporate Secretary | 9.1yrs | US$5.95m | 0.026% R$ 54.8m | |
| Executive Vice President of Commercial U.S. | 3.7yrs | US$5.03m | 0.037% R$ 77.6m | |
| Chief Medical Officer and President of Research & Development | 1.1yrs | US$36.39m | 0.020% R$ 43.1m | |
| Senior VP of Global Information Technology & CIO | less than a year | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Vice President of Marketing | 8.1yrs | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Chief Business Officer | 1.2yrs | no data | no data | |
| Head of Early Stage Development & VP | no data | no data | no data |
2.4yrs
Average Tenure
61yo
Average Age
Experienced Management: S1GE34's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | US$58.59m | 0.0087% R$ 18.4m | |
| Independent Director | 9.9yrs | US$468.53k | 0.015% R$ 32.6m | |
| Independent Director | 18.8yrs | US$483.53k | 0.026% R$ 55.0m | |
| Independent Director | 16.5yrs | US$468.53k | 0.0082% R$ 17.4m | |
| Independent Chair of the Board | 20.4yrs | US$528.53k | 0.022% R$ 46.6m | |
| Independent Director | 3.3yrs | US$471.03k | 0.0025% R$ 5.3m | |
| Independent Director | 11.8yrs | US$474.53k | 0.033% R$ 70.5m | |
| Independent Director | 5.8yrs | US$471.03k | 0.0069% R$ 14.6m | |
| Independent Director | 1.1yrs | US$214.73k | no data |
9.9yrs
Average Tenure
62yo
Average Age
Experienced Board: S1GE34's board of directors are considered experienced (9.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/15 05:10 |
| End of Day Share Price | 2023/12/13 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Seagen Inc. is covered by 33 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Emily Bodnar | Berenberg |
| George Farmer | BMO Capital Markets Equity Research |