Transgene Management

Management criteria checks 1/4

Transgene's CEO is Alessandro Riva, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is €510.00K, comprised of 68.6% salary and 31.4% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth €22.82K. The average tenure of the management team and the board of directors is 0.7 years and 4.8 years respectively.

Key information

Alessandro Riva

Chief executive officer

€510.0k

Total compensation

CEO salary percentage	68.6%
CEO tenure	1.4yrs
CEO ownership	0.02%
Management average tenure	less than a year
Board average tenure	4.8yrs

Recent management updates

Recent updates

Is Transgene (EPA:TNG) Using Too Much Debt?

Jun 15

Downgrade: Here's How Analysts See Transgene SA (EPA:TNG) Performing In The Near Term

Mar 21

Transgene SA (EPA:TNG) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Mar 19

Does Transgene's (EPA:TNG) Share Price Gain of 62% Match Its Business Performance?

Jan 23

CEO Compensation Analysis

How has Alessandro Riva's remuneration changed compared to Transgene's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-€23m
Mar 31 2024	n/a	n/a	-€23m
Dec 31 2023	€510k	€350k	-€22m
Sep 30 2023	n/a	n/a	-€28m
Jun 30 2023	n/a	n/a	-€33m
Mar 31 2023	n/a	n/a	-€33m
Dec 31 2022	€304k	n/a	-€33m

Compensation vs Market: Alessandro's total compensation ($USD536.39K) is above average for companies of similar size in the French market ($USD326.61K).

Compensation vs Earnings: Alessandro's compensation has increased whilst the company is unprofitable.

CEO

Alessandro Riva (63 yo)

1.4yrs

Tenure

€510,000

Compensation

Dr. Alessandro Riva, M.D., serves as Chairman of the Board and Chief Executive Officer of Transgene SA since June 1, 2023. He serves as Independent Non-Executive Director at BeiGene, Ltd. since February 01...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alessandro Riva	CEO & Chairman of the Board	1.4yrs	€510.00k	0.022% € 22.8k
Lucie Larguier	Chief Financial Officer	less than a year	no data	no data
Maurizio Ceppi	Vice President & Chief Scientific Officer	less than a year	no data	no data
John Felitti	VP, General Counsel & Corporate Secretary	8.7yrs	no data	no data
Christelle Schwoerer	Chief Human Resources Officer	less than a year	no data	no data
James Wentworth	VP & Chief Business Officer	less than a year	no data	no data
Emmanuelle Dochy	VP of Medical Affairs & Chief Medical Officer	less than a year	no data	no data
Gaelle Stadtler	VP & Director of Human Resources	no data	no data	no data
Kaidre Bendjama	Project Leader of Personalized Cancer Vaccines	no data	no data	no data

0.7yrs

Average Tenure

54yo

Average Age

Experienced Management: TNG's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Alessandro Riva	CEO & Chairman of the Board	2.5yrs	€510.00k	0.022% € 22.8k
Benoit Habert	Director	24.8yrs	€34.00k	0.078% € 80.1k
Alain Merieux	Honorary Chairman	4.8yrs	no data	69.27% € 71.1m
Jean-Luc Belingard	Non-Independent Director	11.4yrs	no data	no data
Philippe Archinard	Director	19.9yrs	no data	0.43% € 439.3k
Jean-Yves Blay	Independent Director	2.5yrs	€21.00k	no data
John Bell	Member of Scientific Advisory Board	1.7yrs	no data	no data
Pedro Romero	Member of Scientific Advisory Board	no data	no data	no data
Marie-Yvonne Landel-Meunier	Independent Director	7.4yrs	€53.00k	no data
Carol Stuckley	Independent Director	1.5yrs	no data	no data
Maya Said	Independent Director	7.4yrs	€75.00k	no data
Sandrine Flory	Director	3.8yrs	no data	no data

4.8yrs

Average Tenure

64yo

Average Age

Experienced Board: TNG's board of directors are considered experienced (4.8 years average tenure).

Transgene Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Transgene SA Announces Chief Financial Officer Changes

Transgene SA Appoints Carol Stuckley as Independent Director

Transgene SA Approves Board and Committee Changes

Transgene’S Board of Directors Proposes the Appointment of Dr. Alessandro Riva as Independent Chairman

Transgene SA Appoints Steven Bloom as Vice President and Chief Business Officer

Recent updates

Transgene Provides Update on Phase II Trial of Therapeutic Cancer Vaccine TG4001 in Recurrent or Metastatic HPV16-Positive Cervical and Anogenital Cancers

First half 2024 earnings released: €0.16 loss per share (vs €0.16 loss in 1H 2023)

Bioinvent and Transgene’S Oncolytic Virus BT-001 Shows Promising Antitumor Activity in Ongoing Phase 1/2A Trial in Solid Tumors That Failed Previous Treatments

New minor risk - Shareholder dilution

Less than half of directors are independent

Consensus revenue estimates fall by 45%

Is Transgene (EPA:TNG) Using Too Much Debt?

New major risk - Financial position

New minor risk - Share price stability

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Transgene SA Announces Chief Financial Officer Changes

Transgene SA to Report Q3, 2024 Results on Nov 07, 2024

First half 2023 earnings released: €0.16 loss per share (vs €0.15 loss in 1H 2022)

First half 2023 earnings released

Price target decreased by 11% to €3.50

New major risk - Financial position

Consensus revenue estimates fall by 23%

Price target decreased by 7.6% to €3.67

BioInvent Ready for Combination Studies with BT-001

Transgene and NEC Present New Data on TG4050, an Individualized Cancer Vaccine, Showing it Induces Specific Immune Responses against Head and Neck Carcinoma at ASCO 2023

Transgene SA Presents Immunological Data Demonstrating TG4001, a Novel Therapeutic Cancer Vaccine, Can Induce T-cell Responses Against HPV16 Antigens in the Ongoing Phase II Trial at ASCO 2023

Transgene SA Appoints Carol Stuckley as Independent Director

Consensus revenue estimates fall by 15%

Downgrade: Here's How Analysts See Transgene SA (EPA:TNG) Performing In The Near Term

Transgene SA (EPA:TNG) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

No longer forecast to breakeven

Transgene Receives Approval to Start a Phase I Trial of TG6050

Transgene SA to Report First Half, 2023 Results on Sep 20, 2023

No longer forecast to breakeven

Transgene Announces Positive Interim Analysis Results of Phase II Trial Evaluating TG4001 + Avelumab Vs Avelumab in HPV-Positive Anogenital Cancers

Transgene Confirms the Potential of the Intravenous Route of its Invir.IO Oncolytic Viruses against Solid Tumors with TG6002 Phase I Data Presented at ESMO Congress 2022

First half 2022 earnings released: EPS: €0 (vs €0.14 loss in 1H 2021)

Transgene SA and BioInvent International AB (publ) Announce Positive Progress for BT-001

Transgene SA Presented Additional Phase I Data with TG4050 at ASCO 2022

Transgene to Present Updated Positive Preliminary Data from the Phase I Clinical Trials with TG4050 (myvac® Platform) At Asco 2022

Transgene SA Approves Board and Committee Changes

No longer forecast to breakeven

Transgene’S Board of Directors Proposes the Appointment of Dr. Alessandro Riva as Independent Chairman

Does Transgene (EPA:TNG) Have A Healthy Balance Sheet?

No longer forecast to breakeven

Transgene to Present New Positive Preliminary Phase I Data on TG4050

Transgene SA Appoints Steven Bloom as Vice President and Chief Business Officer

Bioinvent International AB & Transgene Joint JITC Publication Demonstrates the Potential of BT-001 Oncolytic Virus to Provide Therapeutic Benefit Beyond Current Anti-PD-1/ Anti-CTLA-4 Immune Checkpoint Blockade

Transgene (EPA:TNG) Has Debt But No Earnings; Should You Worry?

Transgene and NEC Corporation Announce Positive Preliminary Data from Phase I Studies of TG4050, A Novel Individualized Neoantigen Cancer Vaccine

First half 2021 earnings released

Transgene Announces Update on Phase I Clinical Trial of TG4050

Transgene announces First Patient Enrolled in Expanded Phase II Clinical Trial of Tg4001 + Avelumab Vs Avelumab Alone in Patients with HPV16-Positive Anogenital Cancers

Consensus forecasts updated

Transgene Strengthens Global IP Protection for its Novel Invir.IO™ Oncolytic Viruses Encoding Immune Checkpoint Inhibitors

Bioinvent International AB and Transgene Receive IND Approval from the U.S. FDA for BT-001

Health Check: How Prudently Does Transgene (EPA:TNG) Use Debt?

Consensus forecasts updated

Transgene SA Develops Individualized Immunotherapy Based on Multiple Advanced Genetic Engineering Technologies

What Type Of Shareholders Own The Most Number of Transgene SA (EPA:TNG) Shares?

Full year 2020 earnings released: €0.21 loss per share (vs €0.23 loss in FY 2019)

Revenue and earnings miss expectations

New 90-day high: €2.70

Transgene and BioInvent International AB Enroll First Patient in Phase I/IIa Trial of Novel Oncolytic Virus BT-001 in Solid Tumors

Does Transgene's (EPA:TNG) Share Price Gain of 62% Match Its Business Performance?

Transgene SA Announces the First Head & Neck Cancer Patient Treated in France in a Phase I Trial With TG4050 (myvac Platform), Transgene’s Innovative Individualized Immunotherapy

Transgene Sa and Bioinvent Receive Approval from Ansm to Proceed with Phase I/Iia Trial of Anti-Ctla4-Armed Oncolytic Virus Bt-001 in Solid Tumors

Transgene Appoints Gaëlle Stadtler as Director of Human Resources

New 90-day high: €1.77

Transgene and BioInvent Receive CTA Approval for Phase 1/2a Trial of Oncolytic Virus BT-001 in Solid Tumors

Transgene SA, Annual General Meeting, May 26, 2021

Transgene Announces Management Changes

New 90-day high: €1.75