Mallinckrodt Management
Management criteria checks 0/4
Mallinckrodt's CEO is Siggi Olafsson, appointed in Jun 2022, has a tenure of 1.42 years. total yearly compensation is $6.97M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth €4.76K. The average tenure of the management team and the board of directors is 1.3 years and 1.4 years respectively.
Key information
Siggi Olafsson
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 8.2% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2023 | n/a | n/a | -US$3b |
| Jun 30 2023 | n/a | n/a | -US$2b |
| Mar 31 2023 | n/a | n/a | -US$1b |
Compensation vs Market: Siggi's total compensation ($USD6.97M) is above average for companies of similar size in the German market ($USD418.12K).
Compensation vs Earnings: Insufficient data to compare Siggi's compensation with company performance.
CEO
Siggi Olafsson (54 yo)
1.4yrs
Tenure
US$6,965,770
Compensation
Mr. Sigurdur Oli Olafsson, also known as Siggi, Ph D., serves as President and Chief Executive Officer and Director at Mallinckrodt plc since June 25, 2022. He had been an Executive officer since May 2022...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.4yrs | US$6.97m | 0.30% € 4.8k | |
| Executive VP & CFO | 4.7yrs | US$3.82m | 0.16% € 2.6k | |
| Executive VP | 1.3yrs | US$3.96m | 0.10% € 1.6k | |
| Executive VP & Chief Transformation Officer | 1.3yrs | US$2.46m | 0.091% € 1.5k | |
| Executive VP & Head of Specialty Generics | no data | US$2.24m | 0.057% € 918.8 | |
| Executive VP & Chief Scientific Officer | less than a year | no data | no data | |
| Executive VP & Chief Compliance Officer | 2.8yrs | no data | 0.052% € 836.3 | |
| Senior VP of Finance & CFO of Specialty Generics | less than a year | no data | no data | |
| Executive VP & Chief Strategy and Restructuring Officer | less than a year | no data | 0.061% € 972.4 | |
| Executive VP & Chief Commercial Officer | 1.1yrs | no data | 0.11% € 1.7k | |
| VP & Treasurer | no data | no data | no data | |
| VP of Global External Manufacturing & MD of Mallinckrodt Pharmaceuticals | 9.8yrs | no data | no data |
1.3yrs
Average Tenure
50.5yo
Average Age
Experienced Management: MCD0's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.4yrs | US$6.97m | 0.30% € 4.8k | |
| Independent Chairman of the Board | 1.4yrs | US$723.10k | 0.0098% € 157.3 | |
| Independent Director | 1.4yrs | US$628.37k | 0.30% € 4.8k | |
| Independent Director | 1.4yrs | US$611.28k | 0.075% € 1.2k | |
| Member of Scientific Advisory Council | no data | no data | no data | |
| Independent Director | 1.4yrs | US$626.74k | 0.075% € 1.2k | |
| Independent Director | 1.4yrs | US$615.92k | 0.075% € 1.2k | |
| Member of Scientific Advisory Council | 5.4yrs | no data | no data | |
| Independent Director | 1.3yrs | US$451.22k | 0.075% € 1.2k | |
| Independent Director | 1.4yrs | US$607.47k | 0.075% € 1.2k | |
| Member of Scientific Advisory Council | 5.4yrs | no data | no data | |
| Member of Scientific Advisory Council | 5.4yrs | no data | no data |
1.4yrs
Average Tenure
62yo
Average Age
Experienced Board: MCD0's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.