Pharvaris Management
Management criteria checks 2/4
Pharvaris' CEO is Berndt Axel Modig, appointed in Sep 2015, has a tenure of 8.67 years. total yearly compensation is €532.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.8% of the company’s shares, worth €28.62M. The average tenure of the management team and the board of directors is 1.9 years and 3.3 years respectively.
Key information
Berndt Axel Modig
Chief executive officer
€532.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 8.7yrs |
| CEO ownership | 2.8% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€106m |
| Dec 31 2023 | €532k | €532k | -€101m |
| Sep 30 2023 | n/a | n/a | -€107m |
| Jun 30 2023 | n/a | n/a | -€92m |
| Mar 31 2023 | n/a | n/a | -€83m |
| Dec 31 2022 | €500k | €500k | -€76m |
| Sep 30 2022 | n/a | n/a | -€49m |
| Jun 30 2022 | n/a | n/a | -€50m |
| Mar 31 2022 | n/a | n/a | -€53m |
| Dec 31 2021 | €414k | €414k | -€43m |
| Sep 30 2021 | n/a | n/a | -€41m |
| Jun 30 2021 | n/a | n/a | -€38m |
| Mar 31 2021 | n/a | n/a | -€29m |
| Dec 31 2020 | €404k | €404k | -€26m |
Compensation vs Market: Berndt Axel's total compensation ($USD575.70K) is below average for companies of similar size in the German market ($USD1.09M).
Compensation vs Earnings: Berndt Axel's compensation has increased whilst the company is unprofitable.
CEO
Berndt Axel Modig (64 yo)
8.7yrs
Tenure
€532,000
Compensation
Mr. Berndt Axel Edvard Modig, MBA, CPA, serves as Chief Executive Officer since 2015 and Executive Director of Pharvaris B.V. Mr. Modig served as a Member of the Supervisory Board at Centogene N.V. since A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.7yrs | €532.00k | 2.8% € 28.6m | |
| Head of Strategic Finance & Principal Accounting Officer | no data | no data | 0.093% € 955.0k | |
| Chief Technology Operations Officer | less than a year | no data | no data | |
| Chief Legal Officer | 1.9yrs | no data | 0.10% € 1.0m | |
| Chief Human Resources Officer | 1.7yrs | no data | 0.033% € 339.4k | |
| Chief Medical Officer | 4.3yrs | no data | 0.84% € 8.6m | |
| Chief Early Development Officer | no data | no data | 0.93% € 9.5m | |
| Chief Business Officer | no data | no data | 0.50% € 5.2m | |
| Chief Commercial Officer | 2.8yrs | no data | 0.20% € 2.1m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Director of Corporate Relations | no data | no data | no data |
1.9yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 9EN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | €532.00k | 2.8% € 28.6m | |
| Independent Non-Executive Director | 3.3yrs | €50.50k | 0.062% € 634.3k | |
| Independent Non-Executive Chair | 3.3yrs | €94.00k | 0.23% € 2.3m | |
| Independent Vice Chairman | 4.8yrs | €61.00k | 0.94% € 9.6m | |
| Non-Executive Director | 2.4yrs | €45.00k | 0.041% € 420.1k | |
| Non-Executive Director | 2.8yrs | €62.50k | 0.059% € 603.2k |
3.3yrs
Average Tenure
63yo
Average Age
Experienced Board: 9EN's board of directors are considered experienced (3.3 years average tenure).