Velan Inc.

DB:946 Stock Report

Market Cap: €151.5m

Velan Management

Management criteria checks 3/4

Velan's CEO is Jim Mannebach, appointed in Oct 2023, has a tenure of 1.17 years. total yearly compensation is $1.14M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth €21.06K. The average tenure of the management team and the board of directors is 2.5 years and 4.4 years respectively.

Key information

Jim Mannebach

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage18.9%
CEO tenure1.2yrs
CEO ownership0.01%
Management average tenure2.5yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Mannebach's remuneration changed compared to Velan's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-US$10m

May 31 2024n/an/a

-US$13m

Feb 29 2024US$1mUS$215k

-US$20m

Nov 30 2023n/an/a

-US$65m

Aug 31 2023n/an/a

-US$55m

May 31 2023n/an/a

-US$56m

Feb 28 2023US$194kn/a

-US$55m

Nov 30 2022n/an/a

-US$34m

Aug 31 2022n/an/a

-US$32m

May 31 2022n/an/a

-US$23m

Feb 28 2022US$201kn/a

-US$21m

Nov 30 2021n/an/a

US$5m

Aug 31 2021n/an/a

US$10m

May 31 2021n/an/a

-US$320k

Feb 28 2021US$99kn/a

US$3m

Nov 30 2020n/an/a

-US$9m

Aug 31 2020n/an/a

-US$19m

May 31 2020n/an/a

-US$12m

Feb 29 2020US$69kn/a

-US$16m

Nov 30 2019n/an/a

-US$4m

Aug 31 2019n/an/a

-US$3m

May 31 2019n/an/a

-US$7m

Feb 28 2019US$50kn/a

-US$5m

Compensation vs Market: Jim's total compensation ($USD1.14M) is about average for companies of similar size in the German market ($USD900.29K).

Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.

CEO

Jim Mannebach (64 yo)

1.2yrs

Tenure

US$1,137,538

Compensation

Mr. James A. Mannebach, also known as Jim, BSBA, MBA, CPA, served as Independent Chairman at Velan Inc. since October 8, 2020 until October 10, 2023 and served as its Interim CEO since October 10, 2023 unt...

Leadership Team

NamePositionTenureCompensationOwnership
James Mannebach
CEO & Chairman1.2yrsUS$1.14m0.014%
€ 21.1k
Rishi Sharma
Chief Financial & Administrative Officer1.6yrsUS$568.43kno data
Sabine Bruckert
Executive VP of Human Resourcesno dataUS$326.79kno data
Bryant Holt
Vice-President Sales & Global MROless than a yearUS$329.67kno data
Duke Tran
Executive VP6yrsUS$365.56kno data
A. Velan
Founder & Chairman Emeritusno dataUS$328.88kno data
Shane Velan
Chief Information Officerno datano datano data
Daniel Velan
Vice-President of Marketing9.9yrsno datano data
John Ball
Executive Vice President of Global Finance3.5yrsUS$449.68kno data
Laurent Pefferkorn
Executive Vice-President & GM of Project - SBUno datano datano data
Luca Marianetti
Chief Executive Officer of Velan ABV SPA and President of Velan ABV SPA no dataUS$353.19kno data
Frédéric Segault
President of Segault SASno dataUS$281.91kno data

2.5yrs

Average Tenure

Experienced Management: 946's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
James Mannebach
CEO & Chairman6.9yrsUS$1.14m0.014%
€ 21.1k
A. Velan
Founder & Chairman Emeritus9.6yrsUS$328.88kno data
Daniel Desjardins
Independent Directorless than a yearno data0.0093%
€ 14.0k
Suzanne Blanchet
Independent Director3.4yrsUS$70.06k0.014%
€ 21.1k
Ivan Velan
Director4.4yrsUS$55.31kno data
Peter Velan
Director2.4yrsUS$55.31kno data
Thomas Velan
Director48.9yrsUS$104.65kno data
Edward Kernaghan
Independent Director3.4yrsUS$109.19k6.51%
€ 9.9m
Robert Velan
Vice Chairman11.4yrsno datano data

4.4yrs

Average Tenure

68yo

Average Age

Experienced Board: 946's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 00:56
End of Day Share Price 2024/12/27 00:00
Earnings2024/08/31
Annual Earnings2024/02/29

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Velan Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Claude ProulxBMO Capital Markets Equity Research