Markforged Holding Management
Management criteria checks 3/4
Markforged Holding's CEO is Shai Terem, appointed in Dec 2019, has a tenure of 4.92 years. total yearly compensation is $3.55M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth €520.16K. The average tenure of the management team and the board of directors is 3.6 years and 3.3 years respectively.
Key information
Shai Terem
Chief executive officer
US$3.6m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 4.9yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.6yrs |
| Board average tenure | 3.3yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$88m |
| Jun 30 2024 | n/a | n/a | -US$116m |
| Mar 31 2024 | n/a | n/a | -US$120m |
| Dec 31 2023 | US$4m | US$500k | -US$104m |
| Sep 30 2023 | n/a | n/a | -US$100m |
| Jun 30 2023 | n/a | n/a | -US$72m |
| Mar 31 2023 | n/a | n/a | -US$49m |
| Dec 31 2022 | US$5m | US$500k | -US$25m |
| Sep 30 2022 | n/a | n/a | -US$11m |
| Jun 30 2022 | n/a | n/a | US$33m |
| Mar 31 2022 | n/a | n/a | US$18m |
| Dec 31 2021 | US$7m | US$500k | US$4m |
| Sep 30 2021 | n/a | n/a | -US$4m |
| Jun 30 2021 | n/a | n/a | -US$29m |
| Mar 31 2021 | n/a | n/a | -US$24m |
| Dec 31 2020 | US$4m | US$500k | -US$19m |
Compensation vs Market: Shai's total compensation ($USD3.55M) is above average for companies of similar size in the German market ($USD475.63K).
Compensation vs Earnings: Shai's compensation has been consistent with company performance over the past year.
CEO
Shai Terem (46 yo)
4.9yrs
Tenure
US$3,550,939
Compensation
Mr. Shai Terem has been the President of MarkForged, Inc since December 2019 and served as its Chief Operating Officer since December 2019. He has been the Chief Executive Officer at Markforged Holding Cor...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.9yrs | US$3.55m | 0.67% € 520.2k | |
| CFO and Senior VP of Strategy & Corporate Development | 3.6yrs | US$1.17m | 0.16% € 124.7k | |
| General Counsel & Secretary | 4.1yrs | US$881.21k | 0.013% € 10.0k | |
| Vice President of Operations | less than a year | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 2.8yrs | no data | no data | |
| Chief Human Resources Officer | 4.8yrs | no data | no data | |
| Senior Vice President of Engineering | 1.8yrs | no data | no data |
3.6yrs
Average Tenure
49.5yo
Average Age
Experienced Management: 4WL0's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$3.55m | 0.67% € 520.2k | |
| Independent Director | 9.2yrs | US$225.00k | 15.44% € 12.0m | |
| Independent Director | 3.3yrs | US$207.50k | 0.11% € 88.1k | |
| Independent Director | 5.5yrs | US$220.00k | 0.036% € 28.0k | |
| Independent Director | 10.5yrs | US$204.00k | 15.96% € 12.4m | |
| Independent Chairman of the Board | 3.3yrs | US$208.14k | 0.12% € 95.6k | |
| Independent Director | 5.7yrs | US$218.00k | 0.099% € 76.8k | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.4yrs | US$327.63k | 0.048% € 37.2k |
3.3yrs
Average Tenure
64.5yo
Average Age
Experienced Board: 4WL0's board of directors are considered experienced (3.3 years average tenure).