KORU Medical Systems Management
Management criteria checks 3/4
KORU Medical Systems' CEO is Linda Tharby, appointed in Apr 2021, has a tenure of 1.92 years. total yearly compensation is $713.37K, comprised of 78.9% salary and 21.1% bonuses, including company stock and options. directly owns 3.91% of the company’s shares, worth $3.88M. The average tenure of the management team and the board of directors is 2.1 years and 2.9 years respectively.
Key information
Linda Tharby
Chief executive officer
US$713.4k
Total compensation
| CEO salary percentage | 78.9% |
| CEO tenure | 3yrs |
| CEO ownership | 3.9% |
| Management average tenure | 2.1yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Revenues
Feb 15
We're Hopeful That KORU Medical Systems (NASDAQ:KRMD) Will Use Its Cash Wisely
Sep 21Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Earnings Pushing Shares 28% Lower
Jul 14We're Not Very Worried About KORU Medical Systems' (NASDAQ:KRMD) Cash Burn Rate
Sep 27Repro Med Systems (NASDAQ:KRMD) Is In A Good Position To Deliver On Growth Plans
Oct 27Analysts Have Been Trimming Their Repro Med Systems, Inc. (NASDAQ:KRMD) Price Target After Its Latest Report
Aug 14Is Repro Med Systems, Inc.'s (NASDAQ:KRMD) Shareholder Ownership Skewed Towards Insiders?
Feb 22Returns On Capital At Repro Med Systems (NASDAQ:KRMD) Paint An Interesting Picture
Jan 27KORU Medical Systems: A Razor & Razor Blade Story
Jan 11Is Repro Med Systems, Inc. (NASDAQ:KRMD) Trading At A 50% Discount?
Dec 29
Have Insiders Been Buying Repro Med Systems, Inc. (NASDAQ:KRMD) Shares This Year?
Dec 03The Independent Chairman of the Board of Repro Med Systems, Inc. (NASDAQ:KRMD), R. Fletcher, Just Bought 77% More Shares
Dec 03Repro Med Systems: Fair View Of The Fundamentals
Nov 18Repro Med Systems, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 05Repro Med Systems EPS misses by $0.01, misses on revenue
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$713k | US$563k | -US$14m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jun 30 2023 | n/a | n/a | -US$8m |
| Mar 31 2023 | n/a | n/a | -US$9m |
| Dec 31 2022 | US$1m | US$550k | -US$9m |
| Sep 30 2022 | n/a | n/a | -US$8m |
| Jun 30 2022 | n/a | n/a | -US$8m |
| Mar 31 2022 | n/a | n/a | -US$6m |
| Dec 31 2021 | US$7m | US$398k | -US$5m |
Compensation vs Market: Linda's total compensation ($USD713.37K) is about average for companies of similar size in the US market ($USD677.87K).
Compensation vs Earnings: Linda's compensation has been consistent with company performance over the past year.
CEO
Linda Tharby (55 yo)
3yrs
Tenure
US$713,369
Compensation
Ms. Linda M. Tharby serves as President and Chief Executive Officer at KORU Medical Systems, Inc. (formerly known as Repro Med Systems, Inc.) since April 12, 2021 and serves as its Director since May 06, 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | US$713.37k | 3.91% $ 3.9m | |
| CFO, Secretary & Treasurer | less than a year | US$555.40k | 0.21% $ 213.0k | |
| Chief Technology Officer | 2yrs | US$371.16k | 0.25% $ 252.9k | |
| Chief Commercial Officer | less than a year | US$717.22k | no data | |
| Senior Vice President of Operations | 2.3yrs | no data | no data | |
| Vice President of Sales | 3.3yrs | no data | no data |
2.1yrs
Average Tenure
52yo
Average Age
Experienced Management: KRMD's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | US$713.37k | 3.91% $ 3.9m | |
| Director | less than a year | US$28.10k | 0.027% $ 27.2k | |
| Independent Chairman of the Board | 4.9yrs | US$140.00k | 0.37% $ 371.4k | |
| Independent Director | 1.9yrs | US$125.00k | 0.13% $ 127.0k | |
| Lead Independent Director | 8.2yrs | US$121.50k | 0.35% $ 352.0k | |
| Independent Director | 2.9yrs | US$110.00k | 0.13% $ 133.4k | |
| Independent Director | 2.9yrs | US$110.00k | 0.13% $ 127.8k |
2.9yrs
Average Tenure
58yo
Average Age
Experienced Board: KRMD's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.