CareMax Management

Management criteria checks 2/4

CareMax's CEO is Carlos de Solo, appointed in May 2011, has a tenure of 13.5 years. total yearly compensation is $3.39M, comprised of 19.2% salary and 80.8% bonuses, including company stock and options. directly owns 5.65% of the company’s shares, worth $155.13K. The average tenure of the management team and the board of directors is 2.6 years and 2.8 years respectively.

Key information

Carlos de Solo

Chief executive officer

US$3.4m

Total compensation

CEO salary percentage19.2%
CEO tenure13.5yrs
CEO ownership5.6%
Management average tenure2.6yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

US$2.60: That's What Analysts Think CareMax, Inc. (NASDAQ:CMAX) Is Worth After Its Latest Results

Aug 14
US$2.60: That's What Analysts Think CareMax, Inc. (NASDAQ:CMAX) Is Worth After Its Latest Results

CareMax, Inc.'s (NASDAQ:CMAX) Subdued P/S Might Signal An Opportunity

Jun 20
CareMax, Inc.'s (NASDAQ:CMAX) Subdued P/S Might Signal An Opportunity

Here's What Analysts Are Forecasting For CareMax, Inc. (NASDAQ:CMAX) After Its First-Quarter Results

May 13
Here's What Analysts Are Forecasting For CareMax, Inc. (NASDAQ:CMAX) After Its First-Quarter Results

Analysts Have Just Cut Their CareMax, Inc. (NASDAQ:CMAX) Revenue Estimates By 11%

Mar 11
Analysts Have Just Cut Their CareMax, Inc. (NASDAQ:CMAX) Revenue Estimates By 11%

CareMax: Numbers Are Strong, Compelling Value On Offer

Sep 16

CareMax GAAP EPS of -$0.11 misses by $0.09, revenue of $172.28M beats by $36.85M

Aug 09

CareMax: Steward Health Care Acquisition Highlights Growth Ambitions

Jul 02

CEO Compensation Analysis

How has Carlos de Solo's remuneration changed compared to CareMax's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$783m

Mar 31 2024n/an/a

-US$645m

Dec 31 2023US$3mUS$650k

-US$683m

Sep 30 2023n/an/a

-US$207m

Jun 30 2023n/an/a

-US$126m

Mar 31 2023n/an/a

-US$103m

Dec 31 2022US$3mUS$650k

-US$38m

Sep 30 2022n/an/a

-US$52m

Jun 30 2022n/an/a

-US$44m

Mar 31 2022n/an/a

-US$25m

Dec 31 2021US$2mUS$419k

-US$7m

Sep 30 2021n/an/a

-US$2m

Jun 30 2021n/an/a

US$12m

Mar 31 2021n/an/a

US$6m

Dec 31 2020US$3mUS$112k

US$8m

Sep 30 2020n/an/a

US$7m

Dec 31 2019US$3mUS$48k

US$6m

Compensation vs Market: Carlos's total compensation ($USD3.39M) is above average for companies of similar size in the US market ($USD649.07K).

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


CEO

Carlos de Solo (45 yo)

13.5yrs

Tenure

US$3,386,890

Compensation

Mr. Carlos A. de Solo is a Co-Founder of CareMax Medical Group, L.L.C., and serves as President, Chief Executive Officer and Director since May 2011. Mr. de Solo has experience in the healthcare industry....


Leadership Team

NamePositionTenureCompensationOwnership
Carlos de Solo
Co-Founder13.5yrsUS$3.39m5.65%
$ 155.1k
Kevin Wirges
Executive VP3.4yrsUS$1.35m0.14%
$ 4.0k
Alberto de Solo
Executive VP & COO13.5yrsUS$1.82m2.55%
$ 70.1k
Erick Fernandez
Chief Accounting Officer2.8yrsno datano data
Mark Llorente
Chief Administrative Officer & Head of MSO Operations1.7yrsno datano data
Roger Ou
SVP of Finance & Investor Relationsno datano datano data
Meredith Longsworth
Senior VP2.6yrsno datano data
Teresa McMeans
Chief Compliance Officer2.6yrsno datano data
Niberto Moreno
Chief Medical Officer & President of Caremax MSOno datano datano data
Nicole Cable
Chief Experience Officer2.6yrsno datano data
Michael Jarjour
Chief Digital Officer1.8yrsno datano data
Paul Rundell
Chief Restructuring Officerless than a yearno datano data

2.6yrs

Average Tenure

45yo

Average Age

Experienced Management: CMAX's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Carlos de Solo
Co-Founder13.5yrsUS$3.39m5.65%
$ 155.1k
Richard Barasch
Advisor to the Board2.8yrsUS$565.56kno data
Edward Borkowski
Independent Directorless than a yearno datano data
Ralph de la Torre
Director2yrsUS$205.00k15.79%
$ 433.9k
Kevin Berg
Independent Director2yrsUS$216.35k0.011%
$ 290.9
Bryan Cho
Independent Director3.3yrsUS$235.00k0.47%
$ 13.0k
Jose Rodriguez
Independent Chairman3.4yrsUS$322.50k0.036%
$ 993.0
Vincent Omachonu
Independent Director3.4yrsUS$205.00k0.026%
$ 712.8
Ryan O'Quinn
Independent Director2yrsUS$225.00k0.011%
$ 290.9

2.8yrs

Average Tenure

57yo

Average Age

Experienced Board: CMAX's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.