Delcath Systems Management
Management criteria checks 1/4
Delcath Systems' CEO is Gerard Michel, appointed in Oct 2020, has a tenure of 3.5 years. total yearly compensation is $2.52M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 1.19% of the company’s shares, worth $1.59M. The average tenure of the management team and the board of directors is 1.5 years and 4 years respectively.
Key information
Gerard Michel
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 21.3% |
| CEO tenure | 3.5yrs |
| CEO ownership | 1.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Is Delcath Systems (NASDAQ:DCTH) Using Debt In A Risky Way?
Jan 15
Delcath Systems (NASDAQ:DCTH) Has Debt But No Earnings; Should You Worry?
Oct 04Delcath Systems Q2 2022 Earnings Preview
Aug 05Delcath Systems to raise $5M in stock and warrants offering
Jul 18Delcath Systems: Revisiting A $5 Lottery Ticket
May 17Is Delcath Systems (NASDAQ:DCTH) Weighed On By Its Debt Load?
Mar 24Does Delcath Systems (NASDAQ:DCTH) Have A Healthy Balance Sheet?
Nov 17Diving Into Delcath Systems
Aug 09Delcath Systems: Ready To Return To A Previous Winner
Jun 22Delcath Systems set to join Russell Microcap Index
Jun 08Is Delcath Systems (NASDAQ:DCTH) Using Debt In A Risky Way?
May 03Delcath Systems prices public offering at $13.25
Dec 09Delcath Systems EPS beats by $0.47, misses on revenue
Nov 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$538k | -US$48m |
| Sep 30 2023 | n/a | n/a | -US$45m |
| Jun 30 2023 | n/a | n/a | -US$34m |
| Mar 31 2023 | n/a | n/a | -US$37m |
| Dec 31 2022 | US$1m | US$521k | -US$37m |
| Sep 30 2022 | n/a | n/a | -US$33m |
| Jun 30 2022 | n/a | n/a | -US$32m |
| Mar 31 2022 | n/a | n/a | -US$28m |
| Dec 31 2021 | US$2m | US$475k | -US$26m |
| Sep 30 2021 | n/a | n/a | -US$27m |
| Jun 30 2021 | n/a | n/a | -US$25m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$6m | US$113k | -US$24m |
Compensation vs Market: Gerard's total compensation ($USD2.52M) is above average for companies of similar size in the US market ($USD668.06K).
Compensation vs Earnings: Gerard's compensation has increased whilst the company is unprofitable.
CEO
Gerard Michel (60 yo)
3.5yrs
Tenure
US$2,520,314
Compensation
Mr. Gerard J. Michel, MS, MBA, serves as Chief Executive Officer and Director at Delcath Systems Inc since October 1, 2020. He had been Chief Financial Officer and Vice President of Corporate Development a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$2.52m | 1.19% $ 1.6m | |
| Senior VP of Finance and Principal Financial & Accounting Officer | less than a year | no data | 0.24% $ 321.1k | |
| Chief Operating Officer | less than a year | no data | no data | |
| General Counsel | 2.3yrs | no data | 0.29% $ 391.0k | |
| Senior Vice President of Clinical Operations & Medical Affairs | 3.3yrs | US$737.50k | 0.0083% $ 11.1k | |
| Chief Medical Officer | less than a year | no data | 0.50% $ 667.4k |
1.5yrs
Average Tenure
56yo
Average Age
Experienced Management: DCTH's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$2.52m | 1.19% $ 1.6m | |
| Independent Director | 15.3yrs | US$188.48k | 0.037% $ 48.9k | |
| Independent Director | 4.2yrs | US$188.51k | 0% $ 0 | |
| Independent Director | 3.9yrs | US$183.96k | 0.32% $ 432.4k | |
| Independent Chairman | 4.8yrs | US$204.88k | 0.041% $ 55.5k | |
| Independent Director | 3.9yrs | US$172.96k | 0.12% $ 162.4k |
4.0yrs
Average Tenure
60yo
Average Age
Experienced Board: DCTH's board of directors are considered experienced (4 years average tenure).