RadNet Management
Management criteria checks 2/4
RadNet's CEO is Howard Berger, appointed in Jan 1987, has a tenure of 37.92 years. total yearly compensation is $6.70M, comprised of 22.4% salary and 77.6% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €17.10M. The average tenure of the management team and the board of directors is 11 years and 12.4 years respectively.
Key information
Howard Berger
Chief executive officer
US$6.7m
Total compensation
| CEO salary percentage | 22.4% |
| CEO tenure | 37.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 11yrs |
| Board average tenure | 12.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$4m |
| Jun 30 2024 | n/a | n/a | US$10m |
| Mar 31 2024 | n/a | n/a | US$21m |
| Dec 31 2023 | US$7m | US$2m | US$3m |
| Sep 30 2023 | n/a | n/a | US$4m |
| Jun 30 2023 | n/a | n/a | -US$13m |
| Mar 31 2023 | n/a | n/a | -US$13m |
| Dec 31 2022 | US$6m | US$2m | US$11m |
| Sep 30 2022 | n/a | n/a | US$8m |
| Jun 30 2022 | n/a | n/a | US$23m |
| Mar 31 2022 | n/a | n/a | US$18m |
| Dec 31 2021 | US$5m | US$1m | US$25m |
| Sep 30 2021 | n/a | n/a | US$35m |
| Jun 30 2021 | n/a | n/a | US$24m |
| Mar 31 2021 | n/a | n/a | US$11m |
| Dec 31 2020 | US$3m | US$783k | -US$15m |
| Sep 30 2020 | n/a | n/a | -US$10m |
| Jun 30 2020 | n/a | n/a | -US$13m |
| Mar 31 2020 | n/a | n/a | US$2m |
| Dec 31 2019 | US$3m | US$1m | US$15m |
| Sep 30 2019 | n/a | n/a | US$33m |
| Jun 30 2019 | n/a | n/a | US$35m |
| Mar 31 2019 | n/a | n/a | US$36m |
| Dec 31 2018 | US$3m | US$1m | US$32m |
| Sep 30 2018 | n/a | n/a | -US$4m |
| Jun 30 2018 | n/a | n/a | -US$6m |
| Mar 31 2018 | n/a | n/a | -US$6m |
| Dec 31 2017 | US$2m | US$700k | US$53k |
Compensation vs Market: Howard's total compensation ($USD6.70M) is above average for companies of similar size in the German market ($USD3.32M).
Compensation vs Earnings: Howard's compensation has increased whilst the company is unprofitable.
CEO
Howard Berger (78 yo)
37.9yrs
Tenure
US$6,700,183
Compensation
Dr. Howard G. Berger, M.D., serves as the President and Chief Financial Officer of Image Medical Corporation. Dr. Berger has been the Chief Executive Officer and President at RadNet, Inc. and its predecess...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 37.9yrs | US$6.70m | 0.34% € 17.1m | |
| Executive VP & CFO | 20.4yrs | US$1.90m | 0.11% € 5.5m | |
| Executive VP | 1.3yrs | US$1.80m | 1.7% € 85.9m | |
| Executive VP of Financial Planning & Analysis and Chief Administrative Officer | 3.9yrs | US$1.92m | 0.27% € 13.8m | |
| President & COO of Western Operations | no data | US$2.14m | 0.31% € 15.7m | |
| President & COO of Eastern Operations | 7.6yrs | US$2.16m | 0.68% € 34.6m | |
| Senior VP of Operations of Northern California | no data | US$564.98k | 0.015% € 744.4k | |
| Executive VP | 14.3yrs | no data | 0.26% € 13.2m | |
| Senior Vice President of Compliance & Regulatory Affairs | 7.8yrs | no data | no data | |
| Executive VP | 4.8yrs | no data | 0.085% € 4.3m | |
| Executive Vice President of Mergers & Acquisitions | 17.9yrs | no data | 0.058% € 3.0m | |
| Senior VP & Director of Materials & Asset Management | 21.9yrs | no data | no data |
11.0yrs
Average Tenure
62yo
Average Age
Experienced Management: PQIA's management team is seasoned and experienced (11 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.9yrs | US$6.70m | 0.34% € 17.1m | |
| Executive VP | 1.3yrs | US$1.80m | 1.7% € 85.9m | |
| Lead Independent Director | 20.9yrs | US$244.99k | 0.32% € 16.2m | |
| Independent Director | 3.5yrs | US$207.49k | 0.0035% € 177.2k | |
| Independent Director | 19.9yrs | US$224.99k | 0.23% € 11.6m | |
| Independent Director | 4.9yrs | US$222.49k | 0.033% € 1.7m |
12.4yrs
Average Tenure
72.5yo
Average Age
Experienced Board: PQIA's board of directors are seasoned and experienced ( 12.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 04:50 |
| End of Day Share Price | 2024/12/20 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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Analyst Sources
RadNet, Inc. is covered by 12 analysts. 5 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 |
|---|---|
| Sarah James | Barclays |
| Andrew Mok | Barclays |
| Juan Molta | B. Riley Securities, Inc. |