Lipocine Management
Management criteria checks 3/4
Lipocine's CEO is Mahesh Patel, appointed in Jan 1997, has a tenure of 26.58 years. total yearly compensation is $883.85K, comprised of 55.9% salary and 44.1% bonuses, including company stock and options. directly owns 2.06% of the company’s shares, worth €491.40K. The average tenure of the management team and the board of directors is 5.6 years and 9.6 years respectively.
Key information
Mahesh Patel
Chief executive officer
US$883.9k
Total compensation
CEO salary percentage | 55.9% |
CEO tenure | 26.6yrs |
CEO ownership | 2.1% |
Management average tenure | 5.6yrs |
Board average tenure | 9.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2023 | n/a | n/a | -US$11m |
Dec 31 2022 | US$884k | US$494k | -US$11m |
Sep 30 2022 | n/a | n/a | US$4m |
Jun 30 2022 | n/a | n/a | US$3m |
Mar 31 2022 | n/a | n/a | -US$754k |
Dec 31 2021 | US$1m | US$471k | -US$634k |
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$19m |
Dec 31 2020 | US$994k | US$457k | -US$21m |
Sep 30 2020 | n/a | n/a | -US$20m |
Jun 30 2020 | n/a | n/a | -US$18m |
Mar 31 2020 | n/a | n/a | -US$16m |
Dec 31 2019 | US$521k | US$457k | -US$13m |
Sep 30 2019 | n/a | n/a | -US$13m |
Jun 30 2019 | n/a | n/a | -US$12m |
Mar 31 2019 | n/a | n/a | -US$12m |
Dec 31 2018 | US$1m | US$439k | -US$12m |
Sep 30 2018 | n/a | n/a | -US$14m |
Jun 30 2018 | n/a | n/a | -US$16m |
Mar 31 2018 | n/a | n/a | -US$19m |
Dec 31 2017 | US$1m | US$435k | -US$21m |
Sep 30 2017 | n/a | n/a | -US$19m |
Jun 30 2017 | n/a | n/a | -US$17m |
Mar 31 2017 | n/a | n/a | -US$17m |
Dec 31 2016 | US$2m | US$435k | -US$19m |
Compensation vs Market: Mahesh's total compensation ($USD883.85K) is above average for companies of similar size in the German market ($USD418.12K).
Compensation vs Earnings: Mahesh's compensation has been consistent with company performance over the past year.
CEO
Mahesh Patel (66 yo)
26.6yrs
Tenure
US$883,854
Compensation
Dr. Mahesh V. Patel, Ph D., co-founded Lipocine Inc. in 1997 and has also been its President and Chief Executive Officer since 1997 and serves as its Interim Principal Financial Officer since January 31, 2...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 26.6yrs | US$883.85k | 2.06% $ 491.4k | |
Principal Accounting Officer & Corporate Controller | 4.8yrs | US$297.78k | 0.014% $ 3.4k | |
Senior Vice President of Research & Development | less than a year | US$352.20k | 0.076% $ 18.1k | |
Vice President of Sales | 6.3yrs | US$633.01k | no data | |
Corporate Secretary | no data | US$628.70k | 0.22% $ 52.3k |
5.6yrs
Average Tenure
55yo
Average Age
Experienced Management: 2VT0's management team is seasoned and experienced (5.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 26.6yrs | US$883.85k | 2.06% $ 491.4k | |
Independent Director | 9.6yrs | US$66.94k | 0.016% $ 3.8k | |
Member of Scientific Advisory Board | no data | no data | no data | |
Member of Scientific Advisory Board | no data | no data | no data | |
Independent Director | 9.6yrs | US$73.44k | 0.0074% $ 1.8k | |
Member of Scientific Advisory Board | no data | no data | no data | |
Member of Scientific Advisory Board | no data | no data | no data | |
Member of Scientific Advisory Board | no data | no data | no data | |
Member of Scientific Advisory Board | no data | no data | no data | |
Member of Scientific Advisory Board | no data | no data | no data | |
Director | 20.6yrs | US$50.69k | 0.78% $ 186.6k | |
Lead Director & Chairman of the Board | 1.3yrs | US$61.26k | 0.025% $ 5.9k |
9.6yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 2VT0's board of directors are considered experienced (9.6 years average tenure).