Mustang Bio Management
Management criteria checks 2/4
Mustang Bio's CEO is Manny Litchman, appointed in Apr 2017, has a tenure of 6.25 years. total yearly compensation is $656.67K, comprised of 71.3% salary and 28.7% bonuses, including company stock and options. directly owns 1.31% of the company’s shares, worth €603.68K. The average tenure of the management team and the board of directors is 2 years and 7.1 years respectively.
Key information
Manny Litchman
Chief executive officer
US$656.7k
Total compensation
| CEO salary percentage | 71.3% |
| CEO tenure | 6.3yrs |
| CEO ownership | 1.3% |
| Management average tenure | 2yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | -US$74m |
| Dec 31 2022 | US$657k | US$468k | -US$78m |
| Sep 30 2022 | n/a | n/a | -US$78m |
| Jun 30 2022 | n/a | n/a | -US$76m |
| Mar 31 2022 | n/a | n/a | -US$71m |
| Dec 31 2021 | US$885k | US$450k | -US$66m |
| Sep 30 2021 | n/a | n/a | -US$67m |
| Jun 30 2021 | n/a | n/a | -US$63m |
| Mar 31 2021 | n/a | n/a | -US$63m |
| Dec 31 2020 | US$1m | US$430k | -US$60m |
| Sep 30 2020 | n/a | n/a | -US$56m |
| Jun 30 2020 | n/a | n/a | -US$53m |
| Mar 31 2020 | n/a | n/a | -US$49m |
| Dec 31 2019 | US$517k | US$415k | -US$46m |
| Sep 30 2019 | n/a | n/a | -US$42m |
| Jun 30 2019 | n/a | n/a | -US$39m |
| Mar 31 2019 | n/a | n/a | -US$34m |
| Dec 31 2018 | US$606k | US$403k | -US$31m |
| Sep 30 2018 | n/a | n/a | -US$34m |
| Jun 30 2018 | n/a | n/a | -US$34m |
| Mar 31 2018 | n/a | n/a | -US$34m |
| Dec 31 2017 | US$6m | US$267k | -US$31m |
Compensation vs Market: Manny's total compensation ($USD656.67K) is above average for companies of similar size in the German market ($USD418.12K).
Compensation vs Earnings: Manny's compensation has been consistent with company performance over the past year.
CEO
Manny Litchman (69 yo)
6.3yrs
Tenure
US$656,672
Compensation
Dr. Manuel Litchman, also known as Manny, M.D. has been the President, Chief Executive Officer and Director at Mustang Bio Inc. since April 24, 2017. Dr. Litchman served as the Chief Executive Officer and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.2yrs | US$110.00k | 0.11% € 51.5k | |
| President | 6.3yrs | US$656.67k | 1.31% € 603.7k | |
| Interim Chief Financial Officer | 1.3yrs | US$282.83k | no data | |
| Interim CTO | less than a year | no data | no data | |
| VP & General Counsel | 1.8yrs | no data | no data | |
| Senior Vice President of Human Resources | 4.5yrs | no data | no data | |
| Senior VP & Head of Clinical Development | 2.1yrs | no data | no data | |
| VP & Head of CMC Development | less than a year | no data | no data | |
| Corporate Secretary | no data | no data | no data |
2.0yrs
Average Tenure
63yo
Average Age
Experienced Management: 2W60's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.2yrs | US$110.00k | 0.11% € 51.5k | |
| President | 6.3yrs | US$656.67k | 1.31% € 603.7k | |
| Non-Executive Director | 8.3yrs | US$100.00k | 0.25% € 113.5k | |
| Independent Director | 6.1yrs | US$100.00k | 0.14% € 66.7k | |
| Independent & Non-Executive Director | 7.9yrs | US$100.00k | 0.15% € 70.9k | |
| Independent Director | 6.1yrs | US$110.00k | 0.15% € 67.9k |
7.1yrs
Average Tenure
64.5yo
Average Age
Experienced Board: 2W60's board of directors are considered experienced (7.1 years average tenure).