CVRx Management
Management criteria checks 1/4
CVRx's CEO is Kevin Hykes, appointed in Feb 2024, has a tenure of 3.17 years. total yearly compensation is $8.76M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $213.85K. The average tenure of the management team and the board of directors is 1.8 years and 4.6 years respectively.
Key information
Kevin Hykes
Chief executive officer
US$8.8m
Total compensation
| CEO salary percentage | 6.50% |
| CEO tenure | 2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Analysts Are Updating Their CVRx, Inc. (NASDAQ:CVRX) Estimates After Its Full-Year Results
Feb 15
CVRx, Inc.'s (NASDAQ:CVRX) Popularity With Investors Under Threat As Stock Sinks 26%
Dec 30CVRx, Inc. (NASDAQ:CVRX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$11.50
Nov 08After Leaping 39% CVRx, Inc. (NASDAQ:CVRX) Shares Are Not Flying Under The Radar
Oct 16Does CVRx (NASDAQ:CVRX) Have A Healthy Balance Sheet?
Sep 16Analyst Estimates: Here's What Brokers Think Of CVRx, Inc. (NASDAQ:CVRX) After Its Second-Quarter Report
Aug 08CVRx, Inc.'s (NASDAQ:CVRX) P/S Is Still On The Mark Following 25% Share Price Bounce
Jul 15CVRx: Sell-Off Ignores Its True Potential
Jul 02Is CVRx (NASDAQ:CVRX) Weighed On By Its Debt Load?
Jun 14Investors Appear Satisfied With CVRx, Inc.'s (NASDAQ:CVRX) Prospects As Shares Rocket 25%
May 09CVRx, Inc.: Overreaction Creates Buying Opportunity
Apr 09
Expanding 48 US Territories And New Codes Will Broaden Access
Expansion in US territories and implanting centers is expected to drive significant revenue growth and market penetration.With A 29% Price Drop For CVRx, Inc. (NASDAQ:CVRX) You'll Still Get What You Pay For
Mar 07Revenues Tell The Story For CVRx, Inc. (NASDAQ:CVRX) As Its Stock Soars 27%
Jan 16Does CVRx (NASDAQ:CVRX) Have A Healthy Balance Sheet?
Dec 26CVRx: Impressive Top-Line Growth Seems Priced In
Nov 07Analyst Estimates: Here's What Brokers Think Of CVRx, Inc. (NASDAQ:CVRX) After Its Third-Quarter Report
Nov 01Investors Still Waiting For A Pull Back In CVRx, Inc. (NASDAQ:CVRX)
Oct 10Does CVRx (NASDAQ:CVRX) Have A Healthy Balance Sheet?
Jul 31Why Investors Shouldn't Be Surprised By CVRx, Inc.'s (NASDAQ:CVRX) 32% Share Price Surge
Jun 18The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 47%
May 04Rock star Growth Puts CVRx (NASDAQ:CVRX) In A Position To Use Debt
Apr 10The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 25%
Feb 29Revenues Tell The Story For CVRx, Inc. (NASDAQ:CVRX) As Its Stock Soars 34%
Nov 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | -US$53m |
| Sep 30 2025 | n/a | n/a | -US$52m |
| Jun 30 2025 | n/a | n/a | -US$52m |
| Mar 31 2025 | n/a | n/a | -US$52m |
| Dec 31 2024 | US$9m | US$570k | -US$60m |
| Sep 30 2024 | n/a | n/a | -US$58m |
| Jun 30 2024 | n/a | n/a | -US$54m |
| Mar 31 2024 | n/a | n/a | -US$52m |
| Dec 31 2023 | US$137k | n/a | -US$41m |
| Sep 30 2023 | n/a | n/a | -US$43m |
| Jun 30 2023 | n/a | n/a | -US$43m |
| Mar 31 2023 | n/a | n/a | -US$43m |
| Dec 31 2022 | US$246k | n/a | -US$41m |
Compensation vs Market: Kevin's total compensation ($USD8.76M) is above average for companies of similar size in the US market ($USD1.47M).
Compensation vs Earnings: Kevin's compensation has increased whilst the company is unprofitable.
CEO
Kevin Hykes (59 yo)
Mr. Kevin Hykes serves as Director of CVRx, Inc. since December 21, 2022 and serves as President and Chief Executive Officer since February 12, 2024. He served as President, Director & Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | US$8.76m | 0.13% $ 213.8k | |
| Chief Financial Officer | 5.3yrs | US$1.57m | 0.059% $ 94.4k | |
| Chief Revenue Officer | 1.7yrs | US$1.66m | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| VP & General Counsel | 2.9yrs | no data | no data | |
| Chief Marketing & Strategy Officer | 5.1yrs | US$1.08m | 0.0032% $ 5.1k | |
| Chief Human Resources Officer | 1.6yrs | no data | no data | |
| Chief Medical Officer | 1.8yrs | no data | no data | |
| Senior Vice President of Patient Access | 1.8yrs | no data | no data |
Experienced Management: CVRX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.2yrs | US$8.76m | 0.13% $ 213.8k | |
| Independent Director | 1.4yrs | US$280.43k | no data | |
| Independent Lead Director | 17.3yrs | US$231.16k | 0.12% $ 187.2k | |
| Independent Director | 5.6yrs | US$195.34k | 0% $ 0 | |
| Independent Director | 5.6yrs | US$200.49k | 0.019% $ 30.9k | |
| Independent Director | 1.4yrs | US$276.33k | no data | |
| Independent Director | 4.6yrs | US$182.43k | 0% $ 0 |
Experienced Board: CVRX's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/22 18:57 |
| End of Day Share Price | 2026/02/20 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
CVRx, Inc. is covered by 9 analysts. 7 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 |
|---|---|
| William Plovanic | Canaccord Genuity |
| Ross Osborn | Cantor Fitzgerald & Co. |
| Sarah James | Cantor Fitzgerald & Co. |