Desktop Metal Management
Management criteria checks 2/4
Desktop Metal's CEO is Ric Fulop, appointed in Oct 2015, has a tenure of 8.92 years. total yearly compensation is $716.12K, comprised of 81% salary and 19% bonuses, including company stock and options. directly owns 6.72% of the company’s shares, worth €8.74M. The average tenure of the management team and the board of directors is 5.8 years and 3.8 years respectively.
Key information
Ric Fulop
Chief executive officer
US$716.1k
Total compensation
| CEO salary percentage | 81.0% |
| CEO tenure | 8.9yrs |
| CEO ownership | 6.7% |
| Management average tenure | 5.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$376m |
| Mar 31 2024 | n/a | n/a | -US$323m |
| Dec 31 2023 | US$716k | US$580k | -US$323m |
| Sep 30 2023 | n/a | n/a | -US$461m |
| Jun 30 2023 | n/a | n/a | -US$475m |
| Mar 31 2023 | n/a | n/a | -US$723m |
| Dec 31 2022 | US$631k | US$569k | -US$740m |
| Sep 30 2022 | n/a | n/a | -US$499m |
| Jun 30 2022 | n/a | n/a | -US$505m |
| Mar 31 2022 | n/a | n/a | -US$251m |
| Dec 31 2021 | US$11m | US$523k | -US$240m |
| Sep 30 2021 | n/a | n/a | -US$138m |
| Jun 30 2021 | n/a | n/a | -US$91m |
| Mar 31 2021 | n/a | n/a | -US$71m |
| Dec 31 2020 | US$483k | US$333k | -US$34m |
| Sep 30 2020 | n/a | n/a | -US$93m |
| Jun 30 2020 | n/a | n/a | -US$97m |
| Mar 31 2020 | n/a | n/a | -US$99m |
| Dec 31 2019 | US$351k | US$350k | -US$104m |
Compensation vs Market: Ric's total compensation ($USD716.12K) is above average for companies of similar size in the German market ($USD508.96K).
Compensation vs Earnings: Ric's compensation has increased whilst the company is unprofitable.
CEO
Ric Fulop (49 yo)
8.9yrs
Tenure
US$716,115
Compensation
Mr. Ric Fulop serves as Director of Vicarious Surgical Inc. (Formerly, D8 Holdings Corp.) since September 2021. He serves as a Director of Lumafield, Inc. (formerly, Meter Parts, Inc.). He had served as Me...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.9yrs | US$716.12k | 6.72% $ 8.7m | |
| Co-Founder | 8.9yrs | US$1.48m | 1% $ 1.3m | |
| CFO & Treasurer | 1.9yrs | US$1.70m | 0.21% $ 271.5k | |
| Chief Operating Officer | no data | US$1.07m | 0.12% $ 154.0k | |
| Co-Founder | 9.7yrs | no data | no data | |
| Co-Founder & Technical Fellow | 9.7yrs | no data | no data | |
| Co-Founder | no data | no data | no data | |
| Co-Founder | no data | no data | no data | |
| Co-Founder | no data | no data | no data | |
| General Counsel | less than a year | no data | no data | |
| Chief Marketing Officer | 2.7yrs | no data | no data | |
| Senior VP of Global Sales | 1.8yrs | no data | no data |
5.8yrs
Average Tenure
47.5yo
Average Age
Experienced Management: 8440's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.8yrs | US$716.12k | 6.72% $ 8.7m | |
| Independent Director | 3.8yrs | US$140.00k | 0.054% $ 70.2k | |
| Independent Director | 3.8yrs | US$190.00k | 0.042% $ 54.7k | |
| Independent Director | 3.2yrs | US$185.00k | 0.060% $ 77.5k | |
| Independent Director | 3.8yrs | US$200.00k | 0.039% $ 50.9k | |
| Independent Director | 3.8yrs | US$187.50k | 0.042% $ 54.7k | |
| Independent Director | 3.8yrs | US$195.00k | 0.042% $ 55.0k | |
| Independent Director | 3.8yrs | US$190.00k | 0.042% $ 54.7k | |
| Director | 3.8yrs | US$180.00k | 0.084% $ 108.7k |
3.8yrs
Average Tenure
51yo
Average Age
Experienced Board: 8440's board of directors are considered experienced (3.8 years average tenure).