Neuronetics Management
Management criteria checks 1/4
Neuronetics' CEO is Keith Sullivan, appointed in Jul 2020, has a tenure of 4.5 years. total yearly compensation is $2.99M, comprised of 23.4% salary and 76.6% bonuses, including company stock and options. directly owns 2.44% of the company’s shares, worth €1.16M. The average tenure of the management team and the board of directors is 2 years and 3.8 years respectively.
Key information
Keith Sullivan
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 23.4% |
| CEO tenure | 4.5yrs |
| CEO ownership | 2.4% |
| Management average tenure | 2yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$36m |
| Jun 30 2024 | n/a | n/a | -US$32m |
| Mar 31 2024 | n/a | n/a | -US$28m |
| Dec 31 2023 | US$3m | US$700k | -US$30m |
| Sep 30 2023 | n/a | n/a | -US$33m |
| Jun 30 2023 | n/a | n/a | -US$31m |
| Mar 31 2023 | n/a | n/a | -US$37m |
| Dec 31 2022 | US$2m | US$676k | -US$37m |
| Sep 30 2022 | n/a | n/a | -US$37m |
| Jun 30 2022 | n/a | n/a | -US$37m |
| Mar 31 2022 | n/a | n/a | -US$34m |
| Dec 31 2021 | US$3m | US$650k | -US$31m |
| Sep 30 2021 | n/a | n/a | -US$27m |
| Jun 30 2021 | n/a | n/a | -US$22m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$4m | US$280k | -US$27m |
Compensation vs Market: Keith's total compensation ($USD2.99M) is above average for companies of similar size in the German market ($USD465.04K).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
CEO
Keith Sullivan (66 yo)
4.5yrs
Tenure
US$2,990,985
Compensation
Mr. Keith J. Sullivan has been President, Chief Executive Officer and Director of Neuronetics, Inc. since July 14, 2020. Mr. Sullivan has been a Director of Venus Concept Inc. (formerly known as Restoratio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$2.99m | 2.44% € 1.1m | |
| Executive VP | 5.5yrs | US$1.36m | 0.85% € 371.4k | |
| Executive VP | 5yrs | US$1.16m | 0.60% € 263.5k | |
| Senior VP of Operations & Quality | 2yrs | no data | no data | |
| Senior VP & Chief Marketing Officer | 1.7yrs | no data | no data | |
| Senior VP & Chief Revenue Officer | 1.9yrs | no data | no data | |
| Senior Vice President of National Accounts | 1.9yrs | no data | no data | |
| Senior Vice President of R&D and Clinical | 1.9yrs | no data | no data |
2.0yrs
Average Tenure
60yo
Average Age
Experienced Management: NRC's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$2.99m | 2.44% € 1.1m | |
| Independent Director | 7.5yrs | US$182.50k | 0.67% € 294.2k | |
| Independent Director | 5.3yrs | US$175.00k | 0.26% € 113.6k | |
| Independent Chairman of the Board | 3.8yrs | US$245.00k | 1.06% € 465.4k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | 4.53% € 2.0m | |
| Independent Director | 3.4yrs | US$162.50k | 0.28% € 124.2k |
3.8yrs
Average Tenure
64yo
Average Age
Experienced Board: NRC's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 23:22 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
Neuronetics, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Gorman | BTIG |
| William Plovanic | Canaccord Genuity |
| David Turkaly | JMP Securities |