Versus Systems Management
Management criteria checks 4/4
Versus Systems' CEO is Matthew Pierce, appointed in Jun 2016, has a tenure of 7.83 years. total yearly compensation is $271.91K, comprised of 77.9% salary and 22.1% bonuses, including company stock and options. directly owns 0.077% of the company’s shares, worth €3.74K. The average tenure of the management team and the board of directors is 7.5 years and 5.3 years respectively.
Key information
Matthew Pierce
Chief executive officer
US$271.9k
Total compensation
| CEO salary percentage | 77.93% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.08% |
| Management average tenure | 7.5yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$17m |
| Jun 30 2023 | n/a | n/a | -US$20m |
| Mar 31 2023 | n/a | n/a | -US$21m |
| Dec 31 2022 | US$272k | US$212k | -US$22m |
| Sep 30 2022 | n/a | n/a | -US$9m |
| Jun 30 2022 | n/a | n/a | -US$6m |
| Mar 31 2022 | n/a | n/a | -US$4m |
| Dec 31 2021 | US$424k | US$214k | -US$14m |
| Sep 30 2021 | n/a | n/a | -US$18m |
| Jun 30 2021 | n/a | n/a | -US$19m |
| Mar 31 2021 | n/a | n/a | -US$18m |
| Dec 31 2020 | US$270k | US$198k | -US$7m |
| Sep 30 2020 | n/a | n/a | -US$6m |
| Jun 30 2020 | n/a | n/a | -US$7m |
| Mar 31 2020 | n/a | n/a | -US$5m |
| Dec 31 2019 | US$375k | US$204k | -US$7m |
| Sep 30 2019 | n/a | n/a | -US$3m |
| Jun 30 2019 | n/a | n/a | -US$3m |
| Mar 31 2019 | n/a | n/a | -US$3m |
| Dec 31 2018 | US$200k | US$160k | -US$4m |
| Sep 30 2018 | n/a | n/a | -US$5m |
| Jun 30 2018 | n/a | n/a | -US$4m |
| Mar 31 2018 | n/a | n/a | -US$4m |
| Dec 31 2017 | US$286k | US$174k | -US$3m |
Compensation vs Market: Matthew's total compensation ($USD271.91K) is below average for companies of similar size in the German market ($USD394.95K).
Compensation vs Earnings: Matthew's compensation has been consistent with company performance over the past year.
CEO
Matthew Pierce (45 yo)
Mr. Matthew Dalton Pierce has been the Chief Executive Officer and Director of Versus Systems Inc. since June 30, 2016. He is the Founder of Versus Systems Inc. Mr. Pierce served as President of Versus Sys...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 7.8yrs | US$195.91k | 0.024% € 1.1k | |
| Founder | 7.8yrs | US$271.91k | 0.077% € 3.7k | |
| President & CFO | 7.8yrs | US$271.91k | 0.0018% € 85.4 | |
| Chief Technology Officer | 5.2yrs | US$224.28k | 0.0024% € 116.0 | |
| Head of Accounts | no data | US$174.08k | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Head of Marketing | 4.7yrs | no data | no data | |
| Head of Developer Relations & Advisor | no data | no data | no data | |
| Corporate Secretary | 7.5yrs | no data | 0.021% € 1.0k | |
| Business Development Consultant & Member of Advisory Board | 7.8yrs | no data | no data |
Experienced Management: BMV0's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 7.8yrs | US$195.91k | 0.024% € 1.1k | |
| Founder | 7.8yrs | US$271.91k | 0.077% € 3.7k | |
| Business Development Consultant & Member of Advisory Board | 7.8yrs | no data | no data | |
| Independent Director | 7.8yrs | US$57.48k | 0.0021% € 100.9 | |
| Member of Advisory Board | 4.5yrs | no data | no data | |
| Independent Director | 1.6yrs | US$36.65k | 0% € 0 | |
| Member of Advisory Board | 7.1yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Member of Advisory Board | 5.8yrs | no data | no data | |
| Member of Advisory Board | 4.8yrs | no data | no data | |
| Member of Advisory Board | 4.6yrs | no data | no data | |
| Member of Advisory Board | 3.7yrs | no data | no data |
Experienced Board: BMV0's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/01 02:39 |
| End of Day Share Price | 2024/01/03 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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.
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 Github.
Analyst Sources
Versus Systems Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Douglas Ibbitson | Haywood Securities Inc. |
| Scott Buck | H.C. Wainwright & Co. |