Satellos Bioscience Management
Management criteria checks 3/4
Satellos Bioscience's CEO is Frank Gleeson, appointed in Mar 2018, has a tenure of 7.25 years. total yearly compensation is $521.67K, comprised of 66.7% salary and 33.3% bonuses, including company stock and options. directly owns 2.26% of the company’s shares, worth CA$2.19M. The average tenure of the management team and the board of directors is 2.1 years and 3.5 years respectively.
Key information
Frank Gleeson
Chief executive officer
US$521.7k
Total compensation
| CEO salary percentage | 66.67% |
| CEO tenure | 7.3yrs |
| CEO ownership | 2.3% |
| Management average tenure | 2.1yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Here's Why We're Watching Satellos Bioscience's (TSE:MSCL) Cash Burn Situation
May 25
Is Satellos Bioscience (TSE:MSCL) In A Good Position To Deliver On Growth Plans?
Oct 07We're Hopeful That Satellos Bioscience (TSE:MSCL) Will Use Its Cash Wisely
Apr 11Here's Why We're Not Too Worried About Satellos Bioscience's (CVE:MSCL) Cash Burn Situation
Dec 22Will Satellos Bioscience (CVE:MSCL) Spend Its Cash Wisely?
Apr 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$21m |
| Dec 31 2024 | US$522k | US$348k | -US$20m |
| Sep 30 2024 | n/a | n/a | -US$21m |
| Jun 30 2024 | n/a | n/a | -US$17m |
| Mar 31 2024 | n/a | n/a | -US$16m |
| Dec 31 2023 | US$1m | US$301k | -US$12m |
| Sep 30 2023 | n/a | n/a | -US$11m |
| Jun 30 2023 | n/a | n/a | -US$10m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$249k | US$192k | -US$8m |
| Sep 30 2022 | n/a | n/a | -US$6m |
| Jun 30 2022 | n/a | n/a | -US$14m |
| Mar 31 2022 | n/a | n/a | -US$13m |
| Dec 31 2021 | US$1m | US$179k | -US$12m |
| Sep 30 2021 | n/a | n/a | -US$11m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | -US$1m |
| Dec 31 2020 | US$151k | US$151k | -US$1m |
| Dec 31 2019 | US$139k | US$139k | -US$2m |
Compensation vs Market: Frank's total compensation ($USD521.67K) is above average for companies of similar size in the Canadian market ($USD164.25K).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
CEO
Frank Gleeson (70 yo)
Mr. Francis Gleeson, also known as Frank, B.B.A., M.B.A., is a Co-Founder of Satellos Bioscience Inc. He serves as Chief Executive Officer of Satellos Bioscience Inc. since March 2018. He serves as Directo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 7.3yrs | US$521.67k | 2.26% CA$ 2.2m | |
| CFO & Corporate Secretary | 1.8yrs | US$365.17k | 0.023% CA$ 22.0k | |
| Chief Scientific Officer | 2.4yrs | US$526.94k | no data | |
| Executive Director | 3.8yrs | US$44.04k | 1% CA$ 972.3k | |
| Co-Founder & Chief Discovery Officer | no data | US$88.63k | 1.76% CA$ 1.7m | |
| Senior Vice President of Finance & Administration | 3.8yrs | no data | 0.045% CA$ 44.0k | |
| Strategic Advisor | 3.8yrs | US$35.18k | no data | |
| Head of Corporate Strategy | 1.8yrs | US$335.39k | no data | |
| Chief of Staff | no data | no data | no data | |
| Senior Vice President of Clinical Development Operations | 1.6yrs | no data | no data | |
| Chair of Clinical Advisory Board & Chief Medical Officer | less than a year | no data | no data | |
| Senior Vice President of Medical & Scientific Affairs | 1.4yrs | no data | no data |
Experienced Management: MSCL's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.9yrs | US$521.67k | 2.26% CA$ 2.2m | |
| Executive Director | 3.8yrs | US$44.04k | 1% CA$ 972.3k | |
| Chair of Clinical Advisory Board & Chief Medical Officer | 1.4yrs | no data | no data | |
| Independent Director | 2yrs | US$48.42k | 4.47% CA$ 4.3m | |
| Independent Chairman of the Board of Directors | 6.9yrs | US$79.57k | 0.14% CA$ 139.9k | |
| Independent Director | 3.8yrs | US$47.54k | 0.028% CA$ 27.5k | |
| Independent Director | 7.3yrs | no data | 0.84% CA$ 813.3k | |
| Independent Director | 3.5yrs | US$60.30k | no data | |
| Member of Clinical Advisory Board | 1.1yrs | no data | no data | |
| Independent Director | 3.5yrs | US$48.42k | no data | |
| Member of Clinical Advisory Board | 1.1yrs | no data | no data | |
| Member of Clinical Advisory Board | 1.1yrs | no data | no data |
Experienced Board: MSCL's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/20 17:42 |
| End of Day Share Price | 2025/06/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Satellos Bioscience Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Tania Armstrong-Whitworth | Canaccord Genuity |
| Yu He | H.C. Wainwright & Co. |