Forian Management
Management criteria checks 4/4
Forian's CEO is Max Wygod, appointed in Jan 2019, has a tenure of 5.33 years. total yearly compensation is $833.00K, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 3.48% of the company’s shares, worth $2.91M. The average tenure of the management team and the board of directors is 2.7 years and 3.2 years respectively.
Key information
Max Wygod
Chief executive officer
US$833.0k
Total compensation
| CEO salary percentage | 9.0% |
| CEO tenure | 5.3yrs |
| CEO ownership | 3.5% |
| Management average tenure | 2.7yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 05
Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares
Apr 03Is Forian (NASDAQ:FORA) Using Too Much Debt?
Feb 27Investors Give Forian Inc. (NASDAQ:FORA) Shares A 28% Hiding
May 05Forian to become a part of Russell 3000® Index
Jun 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$833k | US$75k | US$2m |
| Sep 30 2023 | n/a | n/a | -US$7m |
| Jun 30 2023 | n/a | n/a | -US$15m |
| Mar 31 2023 | n/a | n/a | -US$18m |
| Dec 31 2022 | US$75k | US$75k | -US$19m |
| Sep 30 2022 | n/a | n/a | -US$25m |
| Jun 30 2022 | n/a | n/a | -US$29m |
| Mar 31 2022 | n/a | n/a | -US$32m |
| Dec 31 2021 | n/a | n/a | -US$27m |
| Sep 30 2021 | n/a | n/a | -US$21m |
| Jun 30 2021 | n/a | n/a | -US$15m |
| Mar 31 2021 | n/a | n/a | -US$9m |
| Dec 31 2020 | US$56k | US$47k | -US$5m |
Compensation vs Market: Max's total compensation ($USD833.00K) is about average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
CEO
Max Wygod (35 yo)
5.3yrs
Tenure
US$833,000
Compensation
Mr. Max C. Wygod serves as Chief Executive Officer and President at Forian Inc. since February 10, 2023 and served as its Interim CEO since 2023. Mr. Wygod, is the Co-Founder of Forian Inc. since 2019 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.3yrs | US$833.00k | 3.48% $ 2.9m | |
| Chief Financial Officer | 2.7yrs | US$1.16m | 0.089% $ 74.2k | |
| Executive VP | 3.2yrs | US$1.13m | 1.8% $ 1.5m | |
| Co-Founder | no data | US$122.56k | 7.46% $ 6.2m | |
| Vice President of Corporate Development | no data | no data | no data | |
| Vice President of Human Resources | 2.2yrs | no data | no data | |
| Chief Commercial Officer | 1.3yrs | no data | no data |
2.7yrs
Average Tenure
55yo
Average Age
Experienced Management: FORA's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.6yrs | US$833.00k | 3.48% $ 2.9m | |
| Co-Founder | 3.6yrs | US$122.56k | 7.46% $ 6.2m | |
| Independent Director | 3.2yrs | US$33.42k | 0.47% $ 396.8k | |
| Independent Director | 3.2yrs | US$33.42k | 0.11% $ 91.0k | |
| Independent Director | 3.2yrs | US$33.42k | 0.56% $ 467.2k | |
| Independent Director | 3.2yrs | US$33.42k | 0.33% $ 275.1k | |
| Independent Director | 3.2yrs | US$33.42k | 0.084% $ 70.6k | |
| Independent Director | 3.2yrs | US$33.42k | 0.0080% $ 6.7k | |
| Independent Director | 3.2yrs | US$33.42k | 0.024% $ 20.2k |
3.2yrs
Average Tenure
56yo
Average Age
Experienced Board: FORA's board of directors are considered experienced (3.2 years average tenure).