Inventiva Management

Management criteria checks 3/4

Inventiva's CEO is Frederic Cren, appointed in Jan 2011, has a tenure of 13.33 years. total yearly compensation is €877.74K, comprised of 34.2% salary and 65.8% bonuses, including company stock and options. directly owns 10.79% of the company’s shares, worth €16.61M. The average tenure of the management team and the board of directors is 7.7 years and 7.3 years respectively.

Key information

Frederic Cren

Chief executive officer

€877.7k

Total compensation

CEO salary percentage	34.2%
CEO tenure	13.3yrs
CEO ownership	10.8%
Management average tenure	7.7yrs
Board average tenure	7.3yrs

Recent management updates

Here's Why Inventiva S.A.'s (EPA:IVA) CEO May Deserve A Raise

Apr 11

Recent updates

Optimistic Investors Push Inventiva S.A. (EPA:IVA) Shares Up 27% But Growth Is Lacking

Mar 19

Here's What Inventiva S.A.'s (EPA:IVA) Shareholder Ownership Structure Looks Like

Jan 29

Is Inventiva's (EPA:IVA) 223% Share Price Increase Well Justified?

Dec 07

CEO Compensation Analysis

How has Frederic Cren's remuneration changed compared to Inventiva's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-€110m
Sep 30 2023	n/a	n/a	-€95m
Jun 30 2023	n/a	n/a	-€80m
Mar 31 2023	n/a	n/a	-€67m
Dec 31 2022	€878k	€300k	-€54m
Sep 30 2022	n/a	n/a	-€55m
Jun 30 2022	n/a	n/a	-€56m
Mar 31 2022	n/a	n/a	-€56m
Dec 31 2021	€929k	€299k	-€50m
Sep 30 2021	n/a	n/a	-€45m
Jun 30 2021	n/a	n/a	-€41m
Mar 31 2021	n/a	n/a	-€36m
Dec 31 2020	€388k	€267k	-€34m
Sep 30 2020	n/a	n/a	-€29m
Jun 30 2020	n/a	n/a	-€25m
Mar 31 2020	n/a	n/a	-€27m
Dec 31 2019	€374k	€243k	-€30m
Sep 30 2019	n/a	n/a	-€34m
Jun 30 2019	n/a	n/a	-€37m
Mar 31 2019	n/a	n/a	-€35m
Dec 31 2018	€376k	€243k	-€33m
Sep 30 2018	n/a	n/a	-€29m
Jun 30 2018	n/a	n/a	-€25m
Mar 31 2018	n/a	n/a	-€22m
Dec 31 2017	€372k	€243k	-€19m

Compensation vs Market: Frederic's total compensation ($USD936.46K) is above average for companies of similar size in the French market ($USD554.89K).

Compensation vs Earnings: Frederic's compensation has been consistent with company performance over the past year.

CEO

Frederic Cren (57 yo)

13.3yrs

Tenure

€877,744

Compensation

Mr. Frederic Cren has been Chief Executive Officer of Inventiva S.A. since co-founding Inventiva S.A. in 2011. Mr. Cren has been Chairman at Inventiva S.A. since May 31, 2016. He served as President of Inv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pierre Broqua	Co-Founder	13.3yrs	€938.43k	7.46% € 11.5m
Frederic Cren	Co-Founder	13.3yrs	€877.74k	10.79% € 16.6m
Jean Volatier	Deputy GM & CFO	11.8yrs	no data	0.29% € 443.4k
Alice Roudot-Ketelers	Chief Operating Officer	1.3yrs	no data	0.029% € 44.4k
Eric Duranson	General Counsel	2.8yrs	no data	0.029% € 44.4k
Nathalie Harroy	Head of Human Resources	12.3yrs	no data	0.13% € 194.5k
Michael Cooreman	Chief Medical Officer	3.6yrs	no data	0.029% € 44.4k
Pascaline Clerc	Executive Vice President of Strategy & Corporate Affairs	less than a year	no data	0.014% € 22.2k

7.7yrs

Average Tenure

56.5yo

Average Age

Experienced Management: IVA's management team is seasoned and experienced (7.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pierre Broqua	Co-Founder	8yrs	€938.43k	7.46% € 11.5m
Frederic Cren	Co-Founder	8yrs	€877.74k	10.79% € 16.6m
Chris Buyse	Independent Director	7.3yrs	€61.20k	0% € 0
Annick Schwebig	Independent Director	7.3yrs	€61.20k	0.0059% € 9.1k
Jean-Louis Junien	Chairman of Scientific Advisory Board	no data	€16.00k	no data
Xiaoqin Lu	Independent Director	6yrs	€43.20k	no data
Heinz Maeusli	Independent Director	5yrs	€49.20k	no data
Sven Francque	Member of Scientific Advisory Board	no data	no data	no data
Manal Abdelmalek	Member of Scientific Advisory Board	no data	no data	no data
Kenneth Cusi	Member of Scientific Advisory Board	no data	no data	no data
Glen Clack	Member of Scientific Advisory Board	no data	no data	no data
Gérard Zalcman	Scientific Advisory Board Member	no data	no data	no data

7.3yrs

Average Tenure

60yo

Average Age

Experienced Board: IVA's board of directors are considered experienced (7.3 years average tenure).

Inventiva Management

Management criteria checks 3/4

Key information

Recent management updates

Inventiva S.A., Annual General Meeting, Jan 25, 2023

Inventiva Announces Lucy Lu as the Director of its Board of Directors

Insufficient new directors

Insufficient new directors

Inventiva S.A., Annual General Meeting, May 19, 2022

Here's Why Inventiva S.A.'s (EPA:IVA) CEO May Deserve A Raise

Recent updates

Consensus revenue estimates decrease by 21%

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Optimistic Investors Push Inventiva S.A. (EPA:IVA) Shares Up 27% But Growth Is Lacking

New minor risk - Share price stability

Inventiva S.A. Provides Update on its Clinical Trial NATiV3

Some Confidence Is Lacking In Inventiva S.A.'s (EPA:IVA) P/S

Consensus EPS estimates fall by 13%

Forecast to breakeven in 2026

Inventiva S.A. to Report First Half, 2024 Results on Sep 25, 2024

Price target decreased by 14% to €15.35

Inventiva Announces the Randomization of the First Patient in China in the NATiV3 Clinical Trial and Provides an Update on Its Clinical Development Program

Price target decreased by 7.4% to €16.50

New major risk - Negative shareholders equity

First half 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus revenue estimates increase by 216%

New major risk - Negative shareholders equity

Consensus revenue estimates decrease by 78%

New major risk - Financial position

New minor risk - Shareholder dilution

Consensus revenue estimates decrease by 19%

Inventiva S.A. to Report Fiscal Year 2023 Results on Mar 27, 2024

Consensus revenue estimates increase by 573%

Inventiva S.A. to Report Nine Months, 2023 Results on Sep 28, 2023

New major risk - Revenue and earnings growth

Price target increased by 15% to €18.76

Inventiva Announces Positive Topline Results from the Investigator-Initiated Phase Ii Clinical Trial Evaluating Lanifibranor in Patients with T2d and NAFLD

Analyst Forecasts Just Became More Bearish On Inventiva S.A. (EPA:IVA)

Consensus revenue estimates decrease by 15%

Pinning Down Inventiva S.A.'s (EPA:IVA) P/S Is Difficult Right Now

Consensus revenue estimates decrease by 37%

Revenue Downgrade: Here's What Analysts Forecast For Inventiva S.A. (EPA:IVA)

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Forecast to breakeven in 2025

Inventiva S.A. to Report Fiscal Year 2022 Results on Mar 29, 2023

Inventiva S.A. Announces Changes to the Clinical Development of Lanifibranor, Including Plans for New Phase III Trial in Patients with NASH and Compensated Cirrhosis

Inventiva S.A. Announces Changes to the Clinical Development of Lanifibranor, Including Plans for New Phase III Trial in Patients with NASH and Compensated Cirrhosis

Inventiva S.A., Annual General Meeting, Jan 25, 2023

Inventiva Announces Lucy Lu as the Director of its Board of Directors

Insufficient new directors

Inventiva Provides Update on Development of cedirogant by AbbVie

Consensus revenue estimates increase by 10%

Consensus revenue estimates increase by 352%

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Inventiva S.A. to Report First Half, 2022 Results on Sep 21, 2022

Inventiva Announces the Screening of the First Patient in LEGEND , Phase IIa Combination Trial with Lanifibranor and Empagliflozin in Patients with NASH and T2D

Despite Lacking Profits Inventiva (EPA:IVA) Seems To Be On Top Of Its Debt

Price target decreased to €19.96

Inventiva Announces Three Scientific Presentations At the EASL International Liver Congress™ 2022

Insufficient new directors

Consensus forecasts updated

No longer forecast to breakeven

Inventiva S.A., Annual General Meeting, May 19, 2022

Inventiva S.A. Announces IND Application for the Phase Ii Combination Trial with Lanifibranor and Empagliflozin in Patients with Nash

Forecast to breakeven in 2024

Inventiva S.A. to Report Fiscal Year 2021 Results on Mar 07, 2022

Inventiva receives a €4 Million Milestone Payment from AbbVie for Cedirogant Phase IIb Initiation

Forecast to breakeven in 2024

Inventiva Announces Positive Results of Clinical Thorough QT Study Conducted with Lanifibranor

Inventiva S.A. has completed a Follow-on Equity Offering in the amount of $30.00001 million.

Second quarter 2021 earnings released: €0.37 loss per share (vs €0.29 loss in 2Q 2020)

Inventiva Announces the Initiation of Its Pivotal Phase III Clinical trial Evaluating Lanifibranor in NASH

First quarter 2021 earnings released: €0.23 loss per share (vs €0.23 loss in 1Q 2020)

Price target increased to €26.59

Price target increased to €29.26

Here's Why Inventiva S.A.'s (EPA:IVA) CEO May Deserve A Raise

Did Business Growth Power Inventiva's (EPA:IVA) Share Price Gain of 251%?

Analysts lower revenue estimates to €1.75m

Revenue behind estimates

Full year 2020 earnings released: €0.99 loss per share (vs €1.29 loss in FY 2019)