KORU Medical Systems, Inc.

NasdaqCM:KRMD Stock Report

Market Cap: US$167.8m

KORU Medical Systems Management

Management criteria checks 4/4

KORU Medical Systems' CEO is Linda Tharby, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is $713.37K, comprised of 78.9% salary and 21.1% bonuses, including company stock and options. directly owns 3.97% of the company’s shares, worth $6.66M. The average tenure of the management team and the board of directors is 2.8 years and 3.5 years respectively.

Key information

Linda Tharby

Chief executive officer

US$713.4k

Total compensation

CEO salary percentage78.9%
CEO tenure3.6yrs
CEO ownership4.0%
Management average tenure2.8yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

KORU Medical Systems, Inc. (NASDAQ:KRMD) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.10

Nov 16
KORU Medical Systems, Inc. (NASDAQ:KRMD) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.10

Impressive Turnaround At KORU Medical

Nov 06

We're Interested To See How KORU Medical Systems (NASDAQ:KRMD) Uses Its Cash Hoard To Grow

Aug 29
We're Interested To See How KORU Medical Systems (NASDAQ:KRMD) Uses Its Cash Hoard To Grow

KORU Medical Systems, Inc. (NASDAQ:KRMD) Doing What It Can To Lift Shares

Jul 30
KORU Medical Systems, Inc. (NASDAQ:KRMD) Doing What It Can To Lift Shares

Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Revenues

Feb 15
Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Revenues

We're Hopeful That KORU Medical Systems (NASDAQ:KRMD) Will Use Its Cash Wisely

Sep 21
We're Hopeful That KORU Medical Systems (NASDAQ:KRMD) Will Use Its Cash Wisely

Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Earnings Pushing Shares 28% Lower

Jul 14
Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Earnings Pushing Shares 28% Lower

We're Not Very Worried About KORU Medical Systems' (NASDAQ:KRMD) Cash Burn Rate

Sep 27
We're Not Very Worried About KORU Medical Systems' (NASDAQ:KRMD) Cash Burn Rate

Repro Med Systems (NASDAQ:KRMD) Is In A Good Position To Deliver On Growth Plans

Oct 27
Repro Med Systems (NASDAQ:KRMD) Is In A Good Position To Deliver On Growth Plans

Analysts Have Been Trimming Their Repro Med Systems, Inc. (NASDAQ:KRMD) Price Target After Its Latest Report

Aug 14
Analysts Have Been Trimming Their Repro Med Systems, Inc. (NASDAQ:KRMD) Price Target After Its Latest Report

Is Repro Med Systems, Inc.'s (NASDAQ:KRMD) Shareholder Ownership Skewed Towards Insiders?

Feb 22
Is Repro Med Systems, Inc.'s (NASDAQ:KRMD) Shareholder Ownership Skewed Towards Insiders?

Returns On Capital At Repro Med Systems (NASDAQ:KRMD) Paint An Interesting Picture

Jan 27
Returns On Capital At Repro Med Systems (NASDAQ:KRMD) Paint An Interesting Picture

CEO Compensation Analysis

How has Linda Tharby's remuneration changed compared to KORU Medical Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$12m

Jun 30 2024n/an/a

-US$12m

Mar 31 2024n/an/a

-US$13m

Dec 31 2023US$713kUS$563k

-US$14m

Sep 30 2023n/an/a

-US$8m

Jun 30 2023n/an/a

-US$8m

Mar 31 2023n/an/a

-US$9m

Dec 31 2022US$1mUS$550k

-US$9m

Sep 30 2022n/an/a

-US$8m

Jun 30 2022n/an/a

-US$8m

Mar 31 2022n/an/a

-US$6m

Dec 31 2021US$7mUS$398k

-US$5m

Compensation vs Market: Linda's total compensation ($USD713.37K) is below average for companies of similar size in the US market ($USD1.48M).

Compensation vs Earnings: Linda's compensation has been consistent with company performance over the past year.

CEO

Linda Tharby (56 yo)

3.6yrs

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

NamePositionTenureCompensationOwnership
Linda Tharby
President3.6yrsUS$713.37k3.97%
$ 6.7m
Thomas Adams
CFO, Secretary & Treasurer1.3yrsUS$555.40k0.22%
$ 365.9k
Kenneth Miller
Chief Commercial Officerless than a yearUS$717.22kno data
Christopher Pazdan
Chief Operating Officer2.8yrsno data0.050%
$ 84.5k
Rob Cannon
Vice President of Sales3.8yrsno datano data

2.8yrs

Average Tenure

55yo

Average Age

Experienced Management: KRMD's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Linda Tharby
President2.5yrsUS$713.37k3.97%
$ 6.7m
Edward Wholihan
Director1.2yrsUS$28.10k0.052%
$ 87.0k
R. Fletcher
Independent Chairman of the Board5.5yrsUS$140.00k0.42%
$ 698.2k
Robert Cascella
Independent Director2.5yrsUS$125.00k0.15%
$ 259.7k
Joseph Manko
Lead Independent Director8.8yrsUS$121.50k0.36%
$ 604.6k
Shahriar Matin
Independent Director3.5yrsUS$110.00k0.16%
$ 269.3k
Donna French
Independent Director3.5yrsUS$110.00k0.15%
$ 259.7k

3.5yrs

Average Tenure

59yo

Average Age

Experienced Board: KRMD's board of directors are considered experienced (3.5 years average tenure).