Akero Therapeutics Management
Management criteria checks 3/4
Akero Therapeutics' CEO is Andrew Cheng, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is $8.83M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth €13.80M. The average tenure of the management team and the board of directors is 5.9 years and 5.7 years respectively.
Key information
Andrew Cheng
Chief executive officer
US$8.8m
Total compensation
| CEO salary percentage | 7.5% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.9yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$237m |
| Jun 30 2024 | n/a | n/a | -US$204m |
| Mar 31 2024 | n/a | n/a | -US$179m |
| Dec 31 2023 | US$9m | US$660k | -US$152m |
| Sep 30 2023 | n/a | n/a | -US$120m |
| Jun 30 2023 | n/a | n/a | -US$116m |
| Mar 31 2023 | n/a | n/a | -US$112m |
| Dec 31 2022 | US$10m | US$624k | -US$112m |
| Sep 30 2022 | n/a | n/a | -US$121m |
| Jun 30 2022 | n/a | n/a | -US$110m |
| Mar 31 2022 | n/a | n/a | -US$112m |
| Dec 31 2021 | US$4m | US$570k | -US$101m |
| Sep 30 2021 | n/a | n/a | -US$98m |
| Jun 30 2021 | n/a | n/a | -US$95m |
| Mar 31 2021 | n/a | n/a | -US$82m |
| Dec 31 2020 | US$5m | US$523k | -US$79m |
| Sep 30 2020 | n/a | n/a | -US$65m |
| Jun 30 2020 | n/a | n/a | -US$59m |
| Mar 31 2020 | n/a | n/a | -US$50m |
| Dec 31 2019 | US$5m | US$450k | -US$44m |
| Sep 30 2019 | n/a | n/a | -US$90m |
| Jun 30 2019 | n/a | n/a | -US$86m |
| Mar 31 2019 | n/a | n/a | -US$87m |
| Dec 31 2018 | US$1m | US$133k | -US$82m |
Compensation vs Market: Andrew's total compensation ($USD8.83M) is above average for companies of similar size in the German market ($USD1.52M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
CEO
Andrew Cheng (57 yo)
6.3yrs
Tenure
US$8,834,907
Compensation
Dr. Andrew Cheng, MD, PhD, serves as Director of Vera Therapeutics, Inc. since May 2017. He served as Director of Arbutus Biopharma Corporation since August 17, 2019 until May 25, 2022. He served as Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | US$8.83m | 0.72% € 13.8m | |
| Co-Founder | 6.3yrs | US$3.44m | 0.33% € 6.3m | |
| Co-Founder & Chief Scientific Officer | 7.7yrs | US$3.49m | 0.21% € 4.0m | |
| Executive VP | 5.7yrs | US$4.29m | 0.0063% € 119.8k | |
| Executive VP & Chief Development Officer | 6.2yrs | US$3.45m | 0.054% € 1.0m | |
| Chief Technical Officer | less than a year | no data | no data | |
| Senior VP & Head of Finance | less than a year | no data | no data | |
| Senior Vice President of Commercial Strategy | 1.9yrs | no data | 0.0040% € 76.9k |
5.9yrs
Average Tenure
53yo
Average Age
Experienced Management: 0K4's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.9yrs | US$8.83m | 0.72% € 13.8m | |
| Independent Director | 5.7yrs | US$568.56k | 0.41% € 7.8m | |
| Independent Director | 5.7yrs | US$586.06k | 0% € 0 | |
| Independent Chairman of the Board | 6.1yrs | US$606.06k | 0% € 0 | |
| Independent Director | 4.5yrs | US$581.06k | 0% € 0 | |
| Independent Director | 6.5yrs | US$578.56k | 0.0031% € 59.6k | |
| Independent Director | 3.7yrs | US$573.56k | 0% € 0 | |
| Independent Director | 3.4yrs | US$571.06k | 0% € 0 |
5.7yrs
Average Tenure
58yo
Average Age
Experienced Board: 0K4's board of directors are considered experienced (5.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 05:53 |
| End of Day Share Price | 2024/12/23 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
Akero Therapeutics, Inc. is covered by 16 analysts. 8 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 |
|---|---|
| Jason Zemansky | BofA Global Research |
| Alexandria Hammond | BofA Global Research |
| Edward Nash | Canaccord Genuity |