Velan Management
Management criteria checks 2/4
Velan's CEO is Jim Mannebach, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is $1.14M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth $13.77K. The average tenure of the management team and the board of directors is 2.1 years and 4 years respectively.
Key information
Jim Mannebach
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.01% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2024 | n/a | n/a | -US$13m |
| Feb 29 2024 | US$1m | US$215k | -US$20m |
| Nov 30 2023 | n/a | n/a | -US$65m |
| Aug 31 2023 | n/a | n/a | -US$55m |
| May 31 2023 | n/a | n/a | -US$56m |
| Feb 28 2023 | US$194k | n/a | -US$55m |
| Nov 30 2022 | n/a | n/a | -US$34m |
| Aug 31 2022 | n/a | n/a | -US$32m |
| May 31 2022 | n/a | n/a | -US$23m |
| Feb 28 2022 | US$201k | n/a | -US$21m |
| Nov 30 2021 | n/a | n/a | US$5m |
| Aug 31 2021 | n/a | n/a | US$10m |
| May 31 2021 | n/a | n/a | -US$320k |
| Feb 28 2021 | US$99k | n/a | US$3m |
| Nov 30 2020 | n/a | n/a | -US$9m |
| Aug 31 2020 | n/a | n/a | -US$19m |
| May 31 2020 | n/a | n/a | -US$12m |
| Feb 29 2020 | US$69k | n/a | -US$16m |
| Nov 30 2019 | n/a | n/a | -US$4m |
| Aug 31 2019 | n/a | n/a | -US$3m |
| May 31 2019 | n/a | n/a | -US$7m |
| Feb 28 2019 | US$50k | n/a | -US$5m |
Compensation vs Market: Jim's total compensation ($USD1.14M) is above average for companies of similar size in the US market ($USD670.33K).
Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.
CEO
Jim Mannebach (64 yo)
less than a year
Tenure
US$1,137,538
Compensation
Mr. James A. Mannebach, also known as Jim, BSBA, MBA, CPA, served as Independent Chairman at Velan Inc. since October 8, 2020 until October 10, 2023 and served as its Interim CEO since October 10, 2023 unt...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | less than a year | US$1.14m | 0.014% $ 13.8k | |
| Chief Financial & Administrative Officer | 1.2yrs | US$568.43k | no data | |
| Executive VP of Human Resources | no data | US$326.79k | no data | |
| Vice-President Sales & Global MRO | less than a year | US$329.67k | no data | |
| Executive VP | 5.6yrs | US$365.56k | 0% $ 0 | |
| Founder & Chairman Emeritus | no data | US$328.88k | no data | |
| Chief Information Officer | no data | no data | no data | |
| Vice-President of Marketing | 9.5yrs | no data | 0% $ 0 | |
| Executive Vice President of Global Finance | 3.1yrs | US$449.68k | no data | |
| Executive Vice-President & GM of Project - SBU | no data | no data | no data | |
| Chief Executive Officer of Velan ABV SPA and President of Velan ABV SPA | no data | US$353.19k | no data | |
| President of Segault SAS | no data | US$281.91k | no data |
2.1yrs
Average Tenure
Experienced Management: VLNS.F's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 6.5yrs | US$1.14m | 0.014% $ 13.8k | |
| Founder & Chairman Emeritus | 9.2yrs | US$328.88k | no data | |
| Independent Director | less than a year | no data | 0.0093% $ 9.2k | |
| Independent Director | 3yrs | US$70.06k | 0.014% $ 13.8k | |
| Director | 4yrs | US$55.31k | 0% $ 0 | |
| Director | 2yrs | US$55.31k | 0% $ 0 | |
| Director | 48.5yrs | US$104.65k | 0% $ 0 | |
| Independent Director | 3yrs | US$109.19k | 6.51% $ 6.5m | |
| Vice Chairman | 11yrs | no data | no data |
4.0yrs
Average Tenure
68yo
Average Age
Experienced Board: VLNS.F's board of directors are considered experienced (4 years average tenure).