CRISPR Therapeutics Management

Management criteria checks 3/4

CRISPR Therapeutics' CEO is Sam Kulkarni, appointed in Dec 2017, has a tenure of 6.42 years. total yearly compensation is $12.32M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth CHF19.92M. The average tenure of the management team and the board of directors is 5.5 years and 4.9 years respectively.

Key information

Sam Kulkarni

Chief executive officer

US$12.3m

Total compensation

CEO salary percentage	5.9%
CEO tenure	6.4yrs
CEO ownership	0.5%
Management average tenure	5.5yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sam Kulkarni's remuneration changed compared to CRISPR Therapeutics's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$12m	US$725k	-US$154m
Sep 30 2023	n/a	n/a	-US$354m
Jun 30 2023	n/a	n/a	-US$416m
Mar 31 2023	n/a	n/a	-US$524m
Dec 31 2022	US$21m	US$700k	-US$650m
Sep 30 2022	n/a	n/a	-US$681m
Jun 30 2022	n/a	n/a	-US$633m
Mar 31 2022	n/a	n/a	US$312m
Dec 31 2021	US$17m	US$670k	US$378m
Sep 30 2021	n/a	n/a	US$412m
Jun 30 2021	n/a	n/a	US$447m
Mar 31 2021	n/a	n/a	-US$392m
Dec 31 2020	US$9m	US$625k	-US$349m
Sep 30 2020	n/a	n/a	-US$211m
Jun 30 2020	n/a	n/a	US$20m
Mar 31 2020	n/a	n/a	US$46m
Dec 31 2019	US$16m	US$550k	US$67m
Sep 30 2019	n/a	n/a	-US$11m
Jun 30 2019	n/a	n/a	-US$200m
Mar 31 2019	n/a	n/a	-US$185m
Dec 31 2018	US$10m	US$518k	-US$165m
Sep 30 2018	n/a	n/a	-US$117m
Jun 30 2018	n/a	n/a	-US$91m
Mar 31 2018	n/a	n/a	-US$75m
Dec 31 2017	US$7m	US$405k	-US$68m

Compensation vs Market: Sam's total compensation ($USD12.32M) is above average for companies of similar size in the Swiss market ($USD1.69M).

Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.

CEO

Sam Kulkarni (45 yo)

6.4yrs

Tenure

US$12,322,196

Compensation

Dr. Samarth Kulkarni, Ph D., also known as Sam, has been an Independent Director of Repare Therapeutics Inc. since November 2019. Dr. Kulkarni serves as an Independent Non-Executive Director of Centessa Ph...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Samarth Kulkarni	CEO & Chairman	6.4yrs	US$12.32m	0.48% $ 19.9m
Raju Prasad	Chief Financial Officer	1.2yrs	US$5.91m	0.012% $ 488.1k
James Kasinger	General Counsel & Secretary	7yrs	US$3.51m	0.072% $ 3.0m
Shaun Foy	Founder	no data	no data	no data
Emmanuelle Charpentier	Co-Founder & Scientific Advisory Board Member	no data	no data	no data
Craig Mello	Scientific Founder & Advisory Board Member	no data	no data	no data
Chad Cowan	Scientific Founder	no data	no data	no data
Matthew Porteus	Scientific Founder & Advisory Board Member	no data	no data	no data
Daniel Anderson	Scientific Founder & Advisory Board Member	no data	no data	no data
Stephen Kennedy	Head of Technical Operations	4.6yrs	no data	no data
Susan Kim	Vice President of Corporate Communications & Investor Relations	no data	no data	no data
Megan Menner	Head of Human Resources	no data	no data	no data

5.5yrs

Average Tenure

48yo

Average Age

Experienced Management: 1CG's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Samarth Kulkarni	CEO & Chairman	5.9yrs	US$12.32m	0.48% $ 19.9m
Emmanuelle Charpentier	Co-Founder & Scientific Advisory Board Member	no data	no data	no data
Craig Mello	Scientific Founder & Advisory Board Member	no data	no data	no data
Matthew Porteus	Scientific Founder & Advisory Board Member	no data	no data	no data
Daniel Anderson	Scientific Founder & Advisory Board Member	no data	no data	no data
Douglas Treco	Lead Independent Director	3.9yrs	US$552.56k	0.0024% $ 97.8k
Ali Behbahani	Independent Director	9.1yrs	US$545.06k	0.00032% $ 13.3k
Katherine High	Independent Director	4.9yrs	US$532.56k	0% $ 0
Simeon George	Independent Director	9.1yrs	US$542.56k	0% $ 0
Stephen Elledge	Member of Scientific Advisory Board	no data	no data	no data
John Greene	Independent Director	4.9yrs	US$555.06k	0% $ 0
H. Fleming	Independent Director	2.9yrs	US$536.24k	0% $ 0

4.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 1CG's board of directors are considered experienced (4.9 years average tenure).

CRISPR Therapeutics Management

Management criteria checks 3/4

Key information

Recent management updates

CRISPR Therapeutics AG, Annual General Meeting, May 30, 2024

CRISPR Therapeutics AG Announces Resignation of Phuong Khanh Morrow as Chief Medical Officer, Effective January 26, 2024

CRISPR Therapeutics Announces Leadership Transition Effective September 15, 2023

Insufficient new directors

CRISPR Therapeutics Appoints Alex Harding, M.D., M.B.A., as Head of Business Development, Effective January 5, 2023

CRISPR Therapeutics Announces Executive Changes

Recent updates

Now 23% undervalued

CRISPR Therapeutics AG, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: US$1.94 loss per share (vs US$8.36 loss in FY 2022)

New minor risk - Shareholder dilution

CRISPR Therapeutics AG has filed a Follow-on Equity Offering in the amount of $279.999863 million.

CRISPR Therapeutics Announces U.S. Food and Drug Administration (FDA) Approval of CASGEVY™ for the Treatment of Transfusion-Dependent Beta Thalassemia

CRISPR Therapeutics AG Announces Resignation of Phuong Khanh Morrow as Chief Medical Officer, Effective January 26, 2024

CRISPR Therapeutics AG and Vertex Pharmaceuticals Incorporated Announce Receipt of the First-Ever Approval of a CRISPR-Based Gene-editing Therapy in the United States

CRISPR Therapeutics Announces Updates to Immuno-Oncology Pipeline and Expansion into Autoimmune Disease

Third quarter 2023 earnings released: US$1.41 loss per share (vs US$2.24 loss in 3Q 2022)

CRISPR Therapeutics Announces Completion of FDA Advisory Committee Meeting for Exagamglogene Autotemcel (exa-cel) for Severe Sickle Cell Disease

CRISPR Therapeutics Announces Leadership Transition Effective September 15, 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: US$0.98 loss per share (vs US$2.40 loss in 2Q 2022)

Insufficient new directors

New minor risk - Shareholder dilution

Vertex Pharmaceuticals Incorporated and Crispr Therapeutics Announces Positive Results from Pivotal Trials of Exa-Cel for Transfusion-Dependent Beta Thalassemia and Severe Sickle Cell Disease

Vertex Pharmaceuticals Incorporated and CRISPR Therapeutics Announce FDA Accepts Biologics License Applications for Exagamglogene Autotemcel (Exa-Cel) for Severe Sickle Cell Disease and Transfusion-Dependent Beta Thalassemia

First quarter 2023 earnings released: US$0.67 loss per share (vs US$2.33 loss in 1Q 2022)

CRISPR Therapeutics Appoints Alex Harding, M.D., M.B.A., as Head of Business Development, Effective January 5, 2023

CRISPR Therapeutics AG Provides Update on Its Ongoing Phase 1 Carbon(Tm) Trial of Ctx110(R)

CRISPR Therapeutics Announces Executive Changes

CRISPR Therapeutics Announces FDA Regenerative Medicine Advanced Therapy (RMAT) Designation Granted to CTX130™ for the Treatment of Cutaneous T-Cell Lymphomas (CTCL)

Vertex Pharmaceuticals Incorporated and CRISPR Therapeutics Announce Global exa-cel Regulatory Submissions for Sickle Cell Disease and Beta Thalassemia in 2022

Second quarter 2022 earnings released: US$2.40 loss per share (vs US$10.01 profit in 2Q 2021)

Investor sentiment improved over the past week

CRISPR Therapeutics AG Elects Maria Fardis as Board Member

CRISPR Therapeutics Presents Positive Results from its Phase 1 COBALT™-LYM Trial of CTX130™ in Relapsed or Refractory T Cell Malignancies at the 2022 European Hematology Association (EHA) Congress

Investor sentiment improved over the past week

Investor sentiment improved over the past week

CRISPR Therapeutics AG Announces the Appointment of Phuong Khanh Morrow as Chief Medical Officer, Effective May 23, 2022

CRISPR Therapeutics Announces Oral Presentation of New Clinical Data on Anti-CD70 Allogeneic CAR-T Therapy CTX130™ for Patients with T-cell Lymphoma at the Annual European Hematology Association (EHA) 2022 Hybrid Congress

First quarter 2022 earnings released: US$2.33 loss per share (vs US$1.51 loss in 1Q 2021)

CRISPR Therapeutics Proposes Appointment of Maria Fardis to the Board of Directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age