Delcath Systems Management
Management criteria checks 2/4
Delcath Systems' CEO is Gerard Michel, appointed in Oct 2020, has a tenure of 4.08 years. total yearly compensation is $2.52M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 1% of the company’s shares, worth €3.02M. The average tenure of the management team and the board of directors is 2.1 years and 4.5 years respectively.
Key information
Gerard Michel
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 21.3% |
| CEO tenure | 4.1yrs |
| CEO ownership | 1.0% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$34m |
| Jun 30 2024 | n/a | n/a | -US$56m |
| Mar 31 2024 | n/a | n/a | -US$50m |
| Dec 31 2023 | US$3m | US$538k | -US$48m |
| Sep 30 2023 | n/a | n/a | -US$45m |
| Jun 30 2023 | n/a | n/a | -US$34m |
| Mar 31 2023 | n/a | n/a | -US$37m |
| Dec 31 2022 | US$1m | US$521k | -US$37m |
| Sep 30 2022 | n/a | n/a | -US$33m |
| Jun 30 2022 | n/a | n/a | -US$32m |
| Mar 31 2022 | n/a | n/a | -US$28m |
| Dec 31 2021 | US$2m | US$475k | -US$26m |
| Sep 30 2021 | n/a | n/a | -US$27m |
| Jun 30 2021 | n/a | n/a | -US$25m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$6m | US$113k | -US$24m |
Compensation vs Market: Gerard's total compensation ($USD2.52M) is above average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Gerard's compensation has increased whilst the company is unprofitable.
CEO
Gerard Michel (61 yo)
4.1yrs
Tenure
US$2,520,314
Compensation
Mr. Gerard J. Michel, MS, MBA, serves as Chief Executive Officer and Director at Delcath Systems Inc since October 1, 2020. He had been Chief Financial Officer and Vice President of Corporate Development a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.1yrs | US$2.52m | 1.0% € 3.0m | |
| Senior VP of Finance and Principal Financial & Accounting Officer | 1.4yrs | no data | 0.19% € 577.5k | |
| Chief Operating Officer | less than a year | no data | no data | |
| General Counsel | 2.8yrs | no data | 0.23% € 703.1k | |
| Senior Vice President of Clinical Operations & Medical Affairs | 3.8yrs | US$737.50k | no data | |
| Chief Medical Officer | 1.4yrs | no data | 0.40% € 1.2m |
2.1yrs
Average Tenure
57yo
Average Age
Experienced Management: DV3R's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.1yrs | US$2.52m | 1.0% € 3.0m | |
| Independent Director | 4.8yrs | US$188.51k | 0% € 0 | |
| Independent Director | 4.5yrs | US$183.96k | 0.26% € 777.5k | |
| Independent Chairman | 5.3yrs | US$204.88k | 0.033% € 99.8k | |
| Independent Director | 4.5yrs | US$172.96k | 0.097% € 292.1k | |
| Director | less than a year | no data | no data |
4.5yrs
Average Tenure
60yo
Average Age
Experienced Board: DV3R's board of directors are considered experienced (4.5 years average tenure).