Shockwave Medical Management

Management criteria checks 3/4

Shockwave Medical's CEO is Doug Godshall, appointed in May 2017, has a tenure of 6.5 years. total yearly compensation is $8.42M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth MX$174.36M. The average tenure of the management team and the board of directors is 4.7 years and 4.8 years respectively.

Key information

Doug Godshall

Chief executive officer

US$8.4m

Total compensation

CEO salary percentage	7.7%
CEO tenure	6.5yrs
CEO ownership	0.2%
Management average tenure	4.7yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Doug Godshall's remuneration changed compared to Shockwave Medical's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	US$244m
Jun 30 2023	n/a	n/a	US$244m
Mar 31 2023	n/a	n/a	US$241m
Dec 31 2022	US$8m	US$644k	US$216m
Sep 30 2022	n/a	n/a	US$88m
Jun 30 2022	n/a	n/a	US$55m
Mar 31 2022	n/a	n/a	US$29m
Dec 31 2021	US$7m	US$575k	-US$9m
Sep 30 2021	n/a	n/a	-US$38m
Jun 30 2021	n/a	n/a	-US$53m
Mar 31 2021	n/a	n/a	-US$71m
Dec 31 2020	US$5m	US$546k	-US$66m
Sep 30 2020	n/a	n/a	-US$65m
Jun 30 2020	n/a	n/a	-US$65m
Mar 31 2020	n/a	n/a	-US$57m
Dec 31 2019	US$2m	US$477k	-US$51m
Sep 30 2019	n/a	n/a	-US$48m
Jun 30 2019	n/a	n/a	-US$45m
Mar 31 2019	n/a	n/a	-US$44m
Dec 31 2018	US$511k	US$376k	-US$41m

Compensation vs Market: Doug's total compensation ($USD8.42M) is above average for companies of similar size in the MX market ($USD2.75M).

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

CEO

Doug Godshall (58 yo)

6.5yrs

Tenure

US$8,418,871

Compensation

Mr. Douglas E. Godshall, also known as Doug, M.B.A., is Director of Saluda Medical, Inc. He serves as Chair of the Board of Galvanize Therapeutics, Inc. since September 2022. He has been the Chief Executiv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Douglas Godshall	President	6.5yrs	US$8.42m	0.16% $ 174.4m
Daniel Puckett	CFO, Principal Financial Officer & Secretary	7.6yrs	US$2.94m	0.00071% $ 786.2k
Isaac Zacharias	Chief Commercial Officer	5yrs	US$7.03m	0.12% $ 132.3m
Daniel Hawkins	Founder and Senior Advisor	14.8yrs	no data	no data
John Adams	Co-Founder and Technical Advisor	14.8yrs	no data	no data
Luis Morales	Senior Vice President of Global Operations	less than a year	no data	no data
Trinh Phung	Chief Accounting Officer	1.8yrs	no data	0.079% $ 87.8m
Debbie Kaster	Vice President of Investor Relations	less than a year	no data	no data
Hajime Tada	General Counsel & Secretary	4.4yrs	no data	no data
Robert Fletcher	Senior Vice President of Marketing & Market Access	7.3yrs	no data	no data
Dave Cox	Vice President of Sales	less than a year	no data	no data
Cathy Harnett	Senior Director of Human Resources	1.8yrs	no data	no data

4.7yrs

Average Tenure

57yo

Average Age

Experienced Management: SWAV *'s management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Douglas Godshall	President	6.5yrs	US$8.42m	0.16% $ 174.4m
Antoine Papiernik	Independent Director	10.3yrs	US$237.40k	0% $ 0
Frederic Moll	Independent Director	12.5yrs	US$234.90k	0.63% $ 695.1m
Charles Larkin	Independent Chairman of the Board	4.8yrs	US$297.40k	0.0096% $ 10.7m
Laura Francis	Independent Director	4.8yrs	US$257.40k	0.011% $ 12.1m
Sara Toyloy	Independent Director	2.7yrs	US$239.90k	0.0080% $ 8.9m
Maria Sainz	Independent Director	3.3yrs	US$249.90k	0.0060% $ 6.7m
Kevin Ballinger	Director	less than a year	no data	no data
F. Watkins	Independent Director	10.4yrs	US$239.90k	0.0042% $ 4.6m

4.8yrs

Average Tenure

57yo

Average Age

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

Shockwave Medical Management

Management criteria checks 3/4

Key information

Recent management updates

Shockwave Medical, Inc. Appoints Renee Gaeta as Chief Financial Officer, Effective February 5, 2024

Shockwave Medical, Inc. Appoints Nick West as Associate Chief Medical Officer

Daniel K. Puckett Notifies Shockwave Medical, Inc. of His Intention to Retire as Chief Financial Officer

Daniel K. Puckett Notifies Shockwave Medical, Inc. of His Intention to Retire as Chief Financial Officer

Shockwave Medical, Inc. Appoints Kevin Ballinger to Board of Directors and Will Serve on Shockwave’s Nominating and ESG Committee and the Compensation Committee of the Board

Chief Accounting Officer recently sold Mex$22m worth of stock

Recent updates

Shockwave Medical, Inc. Announces Investigators Presented Six-Month Data from the Full Population of the Reducer-I Study

Johnson & Johnson (NYSE:JNJ) entered into a definitive agreement to acquire Shockwave Medical, Inc. (NasdaqGS:SWAV) for $13 billion.

Johnson & Johnson Reportedly Considers Deal for Shockwave Medical

Shockwave Medical, Inc. Provides Earnings Guidance for 2024

Shockwave Medical, Inc. Appoints Renee Gaeta as Chief Financial Officer, Effective February 5, 2024

Shockwave Medical, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Shockwave Medical, Inc. Announces New Data Demonstrating One-Year Outcomes with Coronary Lithotripsy

Shockwave Medical, Inc. Provides Revenue Guidance for the Full Year 2023

Shockwave Medical, Inc. Introduces Enhanced Coronary IVL Catheter in the United States

Shockwave Medical, Inc. Announces New Shockwave Coronary IVL Publications Confirm Safety and Efficacy Across Multiple Calcium Morphologies

Shockwave Medical, Inc. Appoints Nick West as Associate Chief Medical Officer

Daniel K. Puckett Notifies Shockwave Medical, Inc. of His Intention to Retire as Chief Financial Officer

Daniel K. Puckett Notifies Shockwave Medical, Inc. of His Intention to Retire as Chief Financial Officer

Shockwave Medical, Inc. Revises Revenue Guidance for the Full Year 2023

Shockwave Medical, Inc.(NasdaqGS:SWAV) dropped from Russell 2000 Dynamic Index

Shockwave Medical, Inc. Appoints Kevin Ballinger to Board of Directors and Will Serve on Shockwave’s Nominating and ESG Committee and the Compensation Committee of the Board

Shockwave Medical Reportedly Picks Up Takeover Interest from Two Additional Suitors

Shockwave Medical Reportedly Picks Up Takeover Interest from Two Additional Suitors

Shockwave Medical, Inc. Revises Revenue Guidance for the Year 2023

Shockwave Medical, Inc. Provides Earnings Guidance for the Full Year 2023

ShockWave Medical, Inc. (NasdaqGS:SWAV) entered into a definitive agreement to acquire Neovasc Inc. (TSX:NVCN) from Strul Medical Group LLC and others for $75.04 million.

ShockWave Medical, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022 and Fiscal Year 2023

ShockWave Medical, Inc. to Report Q4, 2022 Results on Feb 16, 2023

ShockWave Medical, Inc. Revises Revenue Guidance for the Year 2022

ShockWave Medical, Inc. Confirms Consistent Outcomes for IVL in the larger Prospective “Real World” Study of Patients with Heavily Calcified Peripheral Arterial Disease

Chief Accounting Officer recently sold Mex$22m worth of stock

ShockWave Medical, Inc. Revises Revenue Guidance for the Full Year 2022

Shockwave Medical, Inc. and Genesis MedTech Group Successfully Obtains Approval from China’S National Medical Products Administration to Market and Sell the Shockwave IVL System with the Shockwave C2 Coronary IVL Catheters and the Shockwave M5 and S4 Peripheral IVL Catheters in China

Shockwave Ivl Maintains Superiority to Angioplasty in Calcified Peripheral Disease At Two Years

ShockWave Medical, Inc. Revised Earnings Guidance for the Full Year 2022

ShockWave Medical, Inc., Annual General Meeting, Jun 23, 2022

Independent Director recently sold Mex$7.9m worth of stock

Shockwave Medical, Inc. Announces the Global Commercial Availability of the Shockwave M5+ Peripheral IVL Catheter After Receiving Both CE Mark and U.S. Food and Drug Administration Clearance

Shockwave Medical Announces Japanese Regulatory Approval of Coronary IVL

Key Executive recently sold Mex$17m worth of stock

Key Executive recently sold Mex$17m worth of stock

ShockWave Medical, Inc. Announces Executive Changes

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

ShockWave Medical, Inc. Provides Revenue Guidance for the Full Year 2022

ShockWave Medical, Inc. Enrolls First Patient in Disrupt BTK II Study for Long, Calcified, Below the Knee Lesions

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age