Alpha Cognition Management
Management criteria checks 2/4
Alpha Cognition's CEO is Michael McFadden, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is $2.16M, comprised of 23.1% salary and 76.9% bonuses, including company stock and options. directly owns 0.091% of the company’s shares, worth CA$112.85K. The average tenure of the management team and the board of directors is 2.3 years and 3.7 years respectively.
Key information
Michael McFadden
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 23.1% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$15m |
| Jun 30 2024 | n/a | n/a | -US$16m |
| Mar 31 2024 | n/a | n/a | -US$17m |
| Dec 31 2023 | US$2m | 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$1m | 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$20m |
Compensation vs Market: Michael's total compensation ($USD2.16M) is above average for companies of similar size in the Canadian market ($USD169.13K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
CEO
Michael McFadden (57 yo)
3.6yrs
Tenure
US$2,162,478
Compensation
Mr. Michael E. McFadden, BBA, serves as Chief Executive Officer at Alpha Cognition Inc. since April 12, 2021 and serves as its Director since March 28, 2021. Mr. McFadden served as Chief Commercial Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.6yrs | US$2.16m | 0.091% CA$ 112.8k | |
| Founder | 3.7yrs | US$153.04k | 1.41% CA$ 1.7m | |
| Chief Operating Officer | 1.2yrs | US$1.21m | 0% CA$ 0 | |
| Consultant | less than a year | US$1.27m | 0.095% CA$ 117.3k | |
| VP of Finance & Accounting and Interim CFO | less than a year | no data | no data | |
| Chief Scientific Officer | 3.5yrs | US$180.00k | no data |
2.3yrs
Average Tenure
58.5yo
Average Age
Experienced Management: ACOG's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.7yrs | US$2.16m | 0.091% CA$ 112.8k | |
| Founder | 3.7yrs | US$153.04k | 1.41% CA$ 1.7m | |
| Independent Director | 7yrs | US$61.99k | 0.076% CA$ 94.5k | |
| Member of Scientific Advisory Board | 3.1yrs | no data | no data | |
| Member of Scientific Advisory Board | 3.1yrs | no data | no data | |
| Independent Chairman | 3.7yrs | US$93.20k | 1.5% CA$ 1.9m | |
| Independent Director | 3.7yrs | US$74.81k | 45.15% CA$ 56.0m | |
| Independent Director | 3.7yrs | US$61.99k | 0.40% CA$ 501.1k | |
| Chair of Scientific Advisory Board | 3.1yrs | no data | no data | |
| Member of Scientific Advisory Board | 3.1yrs | no data | no data | |
| Member of Scientific Advisory Board | 3.1yrs | no data | no data |
3.7yrs
Average Tenure
68yo
Average Age
Experienced Board: ACOG's board of directors are considered experienced (3.7 years average tenure).