MannKind Management
Management criteria checks 3/4
MannKind's CEO is Michael Castagna, appointed in May 2017, has a tenure of 7.42 years. total yearly compensation is $7.07M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0.83% of the company’s shares, worth CHF13.54M. The average tenure of the management team and the board of directors is 7.3 years and 4.7 years respectively.
Key information
Michael Castagna
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 9.9% |
| CEO tenure | 7.4yrs |
| CEO ownership | 0.8% |
| Management average tenure | 7.3yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$12m |
| Mar 31 2024 | n/a | n/a | US$8m |
| Dec 31 2023 | US$7m | US$702k | -US$12m |
| Sep 30 2023 | n/a | n/a | -US$31m |
| Jun 30 2023 | n/a | n/a | -US$47m |
| Mar 31 2023 | n/a | n/a | -US$71m |
| Dec 31 2022 | US$4m | US$623k | -US$87m |
| Sep 30 2022 | n/a | n/a | -US$98m |
| Jun 30 2022 | n/a | n/a | -US$88m |
| Mar 31 2022 | n/a | n/a | -US$94m |
| Dec 31 2021 | US$4m | US$598k | -US$81m |
| Sep 30 2021 | n/a | n/a | -US$79m |
| Jun 30 2021 | n/a | n/a | -US$86m |
| Mar 31 2021 | n/a | n/a | -US$61m |
| Dec 31 2020 | US$4m | US$495k | -US$57m |
| Sep 30 2020 | n/a | n/a | -US$45m |
| Jun 30 2020 | n/a | n/a | -US$44m |
| Mar 31 2020 | n/a | n/a | -US$46m |
| Dec 31 2019 | US$2m | US$511k | -US$52m |
| Sep 30 2019 | n/a | n/a | -US$47m |
| Jun 30 2019 | n/a | n/a | -US$61m |
| Mar 31 2019 | n/a | n/a | -US$71m |
| Dec 31 2018 | US$2m | US$500k | -US$87m |
| Sep 30 2018 | n/a | n/a | -US$110m |
| Jun 30 2018 | n/a | n/a | -US$119m |
| Mar 31 2018 | n/a | n/a | -US$131m |
| Dec 31 2017 | US$1m | US$459k | -US$117m |
Compensation vs Market: Michael's total compensation ($USD7.07M) is above average for companies of similar size in the Swiss market ($USD1.38M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Castagna (47 yo)
7.4yrs
Tenure
US$7,068,114
Compensation
Dr. Michael E. Castagna, Pharm D., has been Chief Executive Officer of MannKind Corporation since May 25, 2017. Dr. Castagna served as Chief Commercial Officer of MannKind Corporation since March 14, 2016...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.4yrs | US$7.07m | 0.83% CHF 13.5m | |
| Chief Operating Officer | 1.6yrs | US$2.74m | 0.026% CHF 414.8k | |
| Executive VP | 22.8yrs | US$2.34m | 0.17% CHF 2.7m | |
| Executive VP and Chief People & Workplace Officer | 7.8yrs | US$2.22m | 0.24% CHF 3.8m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Executive Vice President of Technical Operations | 2yrs | US$1.12m | 0.021% CHF 342.4k | |
| VP of Investor Relations & Treasury | 7.3yrs | US$519.59k | no data | |
| Senior Vice President of Worldwide Regulatory Affairs | 19yrs | no data | no data | |
| Chief Commercial Officer | 7.3yrs | US$921.51k | no data | |
| Executive VP of Research & Development and Chief Medical Officer | 1.4yrs | no data | 0.071% CHF 1.1m |
7.3yrs
Average Tenure
58yo
Average Age
Experienced Management: NNFN's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.4yrs | US$7.07m | 0.83% CHF 13.5m | |
| Independent Director | 21yrs | US$241.73k | 0.043% CHF 698.6k | |
| Chairman Emeritus | less than a year | US$240.64k | 0.096% CHF 1.6m | |
| Independent Director | 5.9yrs | US$226.73k | 0.010% CHF 163.2k | |
| Independent Director | 20.8yrs | US$229.23k | 0.0054% CHF 88.2k | |
| Independent Director | 4.8yrs | US$233.14k | 0.064% CHF 1.0m | |
| Independent Chairman | 9.4yrs | US$255.64k | 0.0089% CHF 144.2k | |
| Independent Director | 3.8yrs | US$221.73k | 0.039% CHF 631.3k | |
| Member of Scientific Advisory Board | 3.2yrs | no data | no data | |
| Director | less than a year | US$2.34m | 0.20% CHF 3.2m | |
| Independent Director | 4.6yrs | US$221.73k | 0.040% CHF 653.1k | |
| Member of Scientific Advisory Board | 3.2yrs | no data | no data |
4.7yrs
Average Tenure
64.5yo
Average Age
Experienced Board: NNFN's board of directors are considered experienced (4.7 years average tenure).