Heart Test Laboratories Management
Management criteria checks 2/4
Heart Test Laboratories' CEO is Andrew Simpson, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is $455.94K, comprised of 51.4% salary and 48.6% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth $38.56K. The average tenure of the management team and the board of directors is 2.2 years and 2.7 years respectively.
Key information
Andrew Simpson
Chief executive officer
US$455.9k
Total compensation
| CEO salary percentage | 51.4% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.7yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | -US$6m |
| Oct 31 2023 | n/a | n/a | -US$6m |
| Jul 31 2023 | n/a | n/a | -US$6m |
| Apr 30 2023 | US$456k | US$234k | -US$6m |
| Jan 31 2023 | n/a | n/a | -US$7m |
| Oct 31 2022 | n/a | n/a | -US$7m |
| Jul 31 2022 | n/a | n/a | -US$6m |
| Apr 30 2022 | US$145k | US$26k | -US$5m |
| Jan 31 2022 | n/a | n/a | -US$4m |
| Apr 30 2021 | US$43k | n/a | -US$2m |
| Apr 30 2020 | US$50k | n/a | -US$4m |
Compensation vs Market: Andrew's total compensation ($USD455.94K) is below average for companies of similar size in the US market ($USD661.60K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
CEO
Andrew Simpson (53 yo)
2.2yrs
Tenure
US$455,944
Compensation
Mr. Andrew Simpson is Chairman and Chief Executive Officer of HeartSciences, Inc. Mr. Simpson serves as Chief Executive Officer of Heart Test Laboratories, Inc. since March 2022 and serves as its President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman of the Board of Directors | 2.2yrs | US$455.94k | 0.67% $ 38.6k | |
| CFO & Treasurer | 2.1yrs | US$236.70k | 0% $ 0 | |
| COO, Secretary & Director | 2.2yrs | US$455.42k | 0.68% $ 39.2k |
2.2yrs
Average Tenure
53yo
Average Age
Experienced Management: HSCS's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman of the Board of Directors | 11.8yrs | US$455.94k | 0.67% $ 38.6k | |
| COO, Secretary & Director | 10.9yrs | US$455.42k | 0.68% $ 39.2k | |
| Independent Director | 1.4yrs | US$51.13k | 0% $ 0 | |
| Independent Director | 4yrs | US$51.97k | 0.0025% $ 144.2 | |
| Independent Director | 10.3yrs | US$51.13k | 0.0092% $ 533.1 | |
| Member of Scientific Advisory Board | less than a year | no data | no data | |
| Member of Scientific Advisory Board | less than a year | no data | no data | |
| Member of Scientific Advisory Board | less than a year | no data | no data |
2.7yrs
Average Tenure
61yo
Average Age
Experienced Board: HSCS's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.