Initiator Pharma Management
Management criteria checks 4/4
Initiator Pharma's CEO is Claus Olesen, appointed in May 2016, has a tenure of 8.67 years. total yearly compensation is DKK1.29M, comprised of 66.2% salary and 33.8% bonuses, including company stock and options. directly owns 4.04% of the company’s shares, worth SEK15.81M. The average tenure of the management team and the board of directors is 8.8 years and 6.2 years respectively.
Key information
Claus Olesen
Chief executive officer
DKK 1.3m
Total compensation
CEO salary percentage | 66.2% |
CEO tenure | 8.7yrs |
CEO ownership | 4.0% |
Management average tenure | 8.8yrs |
Board average tenure | 6.2yrs |
Recent management updates
Recent updates
We're Not Worried About Initiator Pharma's (STO:INIT) Cash Burn
May 31Health Check: How Prudently Does Initiator Pharma (STO:INIT) Use Debt?
Feb 27Is Initiator Pharma (STO:INIT) Using Debt In A Risky Way?
May 20Is Initiator Pharma (STO:INIT) Using Debt In A Risky Way?
Jan 06We're Not Worried About Initiator Pharma's (STO:INIT) Cash Burn
Oct 26We're Not Very Worried About Initiator Pharma's (NGM:INIT) Cash Burn Rate
Jun 12CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -DKK 11m |
Jun 30 2024 | n/a | n/a | -DKK 12m |
Mar 31 2024 | n/a | n/a | -DKK 18m |
Dec 31 2023 | DKK 1m | DKK 857k | -DKK 23m |
Sep 30 2023 | n/a | n/a | -DKK 27m |
Jun 30 2023 | n/a | n/a | -DKK 29m |
Mar 31 2023 | n/a | n/a | -DKK 33m |
Dec 31 2022 | DKK 1m | n/a | -DKK 38m |
Sep 30 2022 | n/a | n/a | -DKK 40m |
Jun 30 2022 | n/a | n/a | -DKK 43m |
Mar 31 2022 | n/a | n/a | -DKK 34m |
Dec 31 2021 | DKK 1m | n/a | -DKK 21m |
Sep 30 2021 | n/a | n/a | -DKK 16m |
Jun 30 2021 | n/a | n/a | -DKK 10m |
Mar 31 2021 | n/a | n/a | -DKK 8m |
Dec 31 2020 | DKK 936k | n/a | -DKK 9m |
Sep 30 2020 | n/a | n/a | -DKK 10m |
Jun 30 2020 | n/a | n/a | -DKK 9m |
Mar 31 2020 | n/a | n/a | -DKK 9m |
Dec 31 2019 | DKK 662k | n/a | -DKK 8m |
Compensation vs Market: Claus's total compensation ($USD178.49K) is about average for companies of similar size in the Swedish market ($USD228.21K).
Compensation vs Earnings: Claus's compensation has been consistent with company performance over the past year.
CEO
Claus Olesen (50 yo)
8.7yrs
Tenure
DKK 1,293,200
Compensation
Dr. Claus Elsborg Olesen is Chief Executive Officer at Stipe Therapeutics. He serves Chief Executive Officer at Initiator Pharma A/S since May 02, 2016 and serves as its Director since September 19, 2016 a...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 8.7yrs | DKK 1.29m | 4.04% SEK 15.8m | |
Co-Founder & CTO | 9yrs | no data | no data | |
Co-Founder | no data | no data | 1.16% SEK 4.5m | |
Co-Founder & Chief Development Officer | no data | no data | 1.34% SEK 5.2m | |
Chief Financial Officer | 9yrs | no data | no data | |
Senior Vice President of Clinical and R&D Strategy & Portfolio Management | 4.1yrs | no data | no data | |
Head of Clin Ops | no data | no data | no data | |
Head of CMC | no data | no data | no data |
8.8yrs
Average Tenure
60yo
Average Age
Experienced Management: INIT's management team is seasoned and experienced (8.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 8.3yrs | DKK 1.29m | 4.04% SEK 15.8m | |
Chairman of the Board of Directors | 8.3yrs | DKK 220.00k | 0.48% SEK 1.9m | |
Director | 8.3yrs | DKK 90.00k | 0.25% SEK 966.8k | |
Member of Scientific & Clinical Advisory Board | 4.1yrs | no data | no data | |
Independent Director | 2.3yrs | DKK 90.00k | 0.034% SEK 132.0k | |
Director | 4yrs | DKK 90.00k | 0.71% SEK 2.8m | |
Director | 8.3yrs | DKK 90.00k | no data | |
Member of Scientific & Clinical Advisory Board | 4.1yrs | no data | no data |
6.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: INIT's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/09 07:11 |
End of Day Share Price | 2025/01/09 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 |
|
|
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Initiator Pharma A/S is covered by 2 analysts. 2 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 |
---|---|
Klas Palin | Penser Access |
Kevin Sule | Redeye |