Alpha Cognition Management
Management criteria checks 1/4
Alpha Cognition's CEO is Michael McFadden, appointed in Apr 2021, has a tenure of 3.08 years. total yearly compensation is $655.19K, comprised of 76.3% salary and 23.7% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth CA$187.43K. The average tenure of the management team and the board of directors is 3 years and 2.6 years respectively.
Key information
Michael McFadden
Chief executive officer
US$655.2k
Total compensation
| CEO salary percentage | 76.3% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$655k | US$500k | -US$14m |
| Sep 30 2023 | n/a | n/a | -US$12m |
| Jun 30 2023 | n/a | n/a | -US$11m |
| Mar 31 2023 | n/a | n/a | -US$11m |
| Dec 31 2022 | US$529k | US$500k | -US$12m |
| Sep 30 2022 | n/a | n/a | -US$11m |
| Jun 30 2022 | n/a | n/a | -US$13m |
| Mar 31 2022 | n/a | n/a | -US$10m |
| Dec 31 2021 | US$430k | US$414k | -US$20m |
Compensation vs Market: Michael's total compensation ($USD655.19K) is above average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
CEO
Michael McFadden (56 yo)
3.1yrs
Tenure
US$655,186
Compensation
Mr. Michael E. McFadden serves as Chief Executive Officer at Alpha Cognition Inc. since April 12, 2021 and serves as its Director since March 28, 2022. Mr. MCFAdden most recently served as Chief Commercial...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.1yrs | US$655.19k | 0.19% $ 187.4k | |
| Founder | 3.2yrs | US$97.23k | 3.64% $ 3.6m | |
| Chief Financial Officer | 2.1yrs | US$546.10k | 0.24% $ 238.9k | |
| Chief Operating Officer | 1.3yrs | US$466.26k | no data | |
| Chief Scientific Officer | 3yrs | US$180.00k | no data | |
| Senior Vice President of Product Development | 3.1yrs | no data | no data |
3.0yrs
Average Tenure
62.5yo
Average Age
Experienced Management: ACOG's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.2yrs | US$655.19k | 0.19% $ 187.4k | |
| Founder | 3.2yrs | US$97.23k | 3.64% $ 3.6m | |
| Independent Director | 3.2yrs | no data | 0.20% $ 192.5k | |
| Member of Scientific Advisory Board | 2.6yrs | no data | no data | |
| Member of Scientific Advisory Board | 2.6yrs | no data | no data | |
| Independent Chairman | 3.2yrs | no data | 3.72% $ 3.6m | |
| Member of Scientific Advisory Board | 2.6yrs | no data | no data | |
| Independent Director | 3.2yrs | no data | 4.68% $ 4.6m | |
| Independent Director | 3.2yrs | no data | 0.84% $ 816.3k | |
| Chair of Scientific Advisory Board | 2.6yrs | no data | no data | |
| Member of Scientific Advisory Board | 2.6yrs | no data | no data | |
| Member of Scientific Advisory Board | 2.6yrs | no data | no data |
2.6yrs
Average Tenure
65yo
Average Age
Experienced Board: ACOG's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.