Myomo Management

Management criteria checks 2/4

Myomo's CEO is Paul Gudonis, appointed in Jul 2011, has a tenure of 13.25 years. total yearly compensation is $663.90K, comprised of 45.2% salary and 54.8% bonuses, including company stock and options. directly owns 1.77% of the company’s shares, worth €1.96M. The average tenure of the management team and the board of directors is 3.9 years and 9.2 years respectively.

Key information

Paul Gudonis

Chief executive officer

US$663.9k

Total compensation

CEO salary percentage45.2%
CEO tenure13.3yrs
CEO ownership1.8%
Management average tenure3.9yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Gudonis's remuneration changed compared to Myomo's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$9m

Mar 31 2024n/an/a

-US$9m

Dec 31 2023US$664kUS$300k

-US$8m

Sep 30 2023n/an/a

-US$8m

Jun 30 2023n/an/a

-US$9m

Mar 31 2023n/an/a

-US$11m

Dec 31 2022US$526kUS$300k

-US$11m

Sep 30 2022n/an/a

-US$12m

Jun 30 2022n/an/a

-US$11m

Mar 31 2022n/an/a

-US$11m

Dec 31 2021US$958kUS$268k

-US$11m

Sep 30 2021n/an/a

-US$9m

Jun 30 2021n/an/a

-US$10m

Mar 31 2021n/an/a

-US$11m

Dec 31 2020US$567kUS$240k

-US$12m

Sep 30 2020n/an/a

-US$13m

Jun 30 2020n/an/a

-US$13m

Mar 31 2020n/an/a

-US$13m

Dec 31 2019US$444kUS$240k

-US$12m

Sep 30 2019n/an/a

-US$11m

Jun 30 2019n/an/a

-US$11m

Mar 31 2019n/an/a

-US$11m

Dec 31 2018US$538kUS$240k

-US$10m

Sep 30 2018n/an/a

-US$10m

Jun 30 2018n/an/a

-US$8m

Mar 31 2018n/an/a

-US$13m

Dec 31 2017US$299kUS$186k

-US$13m

Compensation vs Market: Paul's total compensation ($USD663.90K) is above average for companies of similar size in the German market ($USD499.40K).

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


CEO

Paul Gudonis (69 yo)

13.3yrs

Tenure

US$663,900

Compensation

Mr. Paul R. Gudonis has been the Chief Executive Officer and President of Myomo, Inc. since July 2011 and February 2017 respectively. Mr. Gudonis served as President of United States Foundation For Inspira...


Leadership Team

NamePositionTenureCompensationOwnership
Paul Gudonis
Chairman13.3yrsUS$663.90k1.77%
$ 2.0m
David Henry
Chief Financial Officer5.7yrsUS$478.90k0.81%
$ 891.3k
Harry Kovelman
Chief Medical Officer3.9yrsUS$478.37k0.099%
$ 109.2k
Colin Anderson
Global Director of Operations1.8yrsno datano data
Joseph Chicoskie
Director of Marketing1.8yrsno datano data
Galina Shtivelman
Senior Director of Human Resources3.8yrsno datano data
Micah Mitchell
Chief Commercial Officer6.3yrsUS$459.43k0.31%
$ 344.6k

3.9yrs

Average Tenure

64yo

Average Age

Experienced Management: 0M61's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Gudonis
Chairman13.3yrsUS$663.90k1.77%
$ 2.0m
Stephen Sanghi
Board Advisor4.8yrsUS$45.00kno data
Thomas Kirk
Lead Independent Director10.1yrsUS$100.00k0.73%
$ 811.3k
Thomas Crowley
Independent Director12.6yrsUS$100.00k0.050%
$ 54.9k
Amy Knapp
Independent Director8.3yrsUS$100.00k0.21%
$ 236.7k
Ross Zafonte
Chairman of Scientific Advisory Boardno datano datano data
Heather Getz
Independent Directorless than a yearno datano data
Steven Kirshblum
Member of Scientific Advisory Boardno datano datano data
John Polanowicz
Member of Veteran Advisory Boardno datano datano data
Erica Borggren
Member of Veteran Advisory Boardno datano datano data
Scott Quilty
Member of Veteran Advisory Boardno datano datano data
Coleman Nee
Chairman of Veteran Advisory Boardno datano datano data

9.2yrs

Average Tenure

69yo

Average Age

Experienced Board: 0M61's board of directors are considered experienced (9.2 years average tenure).