Opus Genetics Management
Management criteria checks 1/4
Opus Genetics' CEO is George Magrath, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is $3.15M, comprised of 3% salary and 97% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €181.42K. The average tenure of the management team and the board of directors is 1.1 years and 4.1 years respectively.
Key information
George Magrath
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 3.0% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.6% |
| Management average tenure | 1.1yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$27m |
| Jun 30 2024 | n/a | n/a | -US$14m |
| Mar 31 2024 | n/a | n/a | -US$11m |
| Dec 31 2023 | US$3m | US$96k | -US$10m |
Compensation vs Market: George's total compensation ($USD3.15M) is above average for companies of similar size in the German market ($USD469.36K).
Compensation vs Earnings: Insufficient data to compare George's compensation with company performance.
CEO
George Magrath (40 yo)
1.1yrs
Tenure
US$3,146,518
Compensation
Mr. George Magrath, MD, MBA, Ms. serves as CEO & Director of Opus Genetics, Inc. (formerly known as Ocuphire Pharma, Inc.) since November 1, 2023. He was an Analyst at Edison Investment Research Limited si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | US$3.15m | 0.61% € 181.4k | |
| Senior Vice President of Corporate Development & Secretary | no data | US$789.92k | 0.34% € 101.3k | |
| Chief Medical Advisor | no data | US$662.10k | 0.23% € 68.0k | |
| Senior Vice President of Finance | no data | US$789.92k | 0.024% € 7.2k | |
| Chief Financial Officer | less than a year | no data | 0.48% € 141.0k | |
| Chief Operating Officer | 1.1yrs | no data | 0.0063% € 1.9k | |
| Chief Scientific & Development Officer | less than a year | no data | 0.25% € 73.8k | |
| Head of Market Development & Commercialization | 2.9yrs | no data | no data | |
| Director & Corporate Controller | no data | no data | no data |
1.1yrs
Average Tenure
46yo
Average Age
Experienced Management: R3X1's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | US$3.15m | 0.61% € 181.4k | |
| Independent Director | 4.1yrs | US$154.81k | 0.29% € 85.5k | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Independent Director | 4.1yrs | US$1.35m | 0.52% € 153.3k | |
| Member of Medical Advisory Board | 2.3yrs | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | 4.9yrs | no data | no data | |
| Independent Director | 4.1yrs | US$135.34k | 0.31% € 93.0k | |
| Independent Chairman | 4.1yrs | US$174.62k | 0.11% € 33.8k | |
| Lead Independent Director | 4.1yrs | US$149.56k | 0.15% € 44.4k | |
| Member of Medical Advisory Board | 3yrs | no data | no data | |
| Member of Medical Advisory Board | 3yrs | no data | no data |
4.1yrs
Average Tenure
58yo
Average Age
Experienced Board: R3X1's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:19 |
| 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Opus Genetics, Inc. is covered by 5 analysts. 4 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 |
|---|---|
| James Molloy | Alliance Global Partners |
| John Newman | Canaccord Genuity |
| Kristen Kluska | Cantor Fitzgerald & Co. |