LifeMD Management
Management criteria checks 3/4
LifeMD's CEO is Justin Schreiber, appointed in Feb 2018, has a tenure of 6.25 years. total yearly compensation is $888.80K, comprised of 33.8% salary and 66.2% bonuses, including company stock and options. directly owns 6.51% of the company’s shares, worth $32.95M. The average tenure of the management team and the board of directors is 2.4 years and 5.5 years respectively.
Key information
Justin Schreiber
Chief executive officer
US$888.8k
Total compensation
| CEO salary percentage | 33.8% |
| CEO tenure | 6.3yrs |
| CEO ownership | 6.5% |
| Management average tenure | 2.4yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Is LifeMD (NASDAQ:LFMD) Using Debt Sensibly?
Apr 25
Even With A 29% Surge, Cautious Investors Are Not Rewarding LifeMD, Inc.'s (NASDAQ:LFMD) Performance Completely
Mar 30LifeMD: Results And Guidance Point To Continued Strength In Weight Management Program
Mar 13LifeMD's 2024: Striking A Balance Between Rapid Expansion And Sustainability
Jan 22LifeMD: A GLP-1 Play With A Kicker
Jan 11Is LifeMD, Inc. (NASDAQ:LFMD) Potentially Undervalued?
Jan 05Take Care Before Jumping Onto LifeMD, Inc. (NASDAQ:LFMD) Even Though It's 34% Cheaper
Jan 05Does This Valuation Of LifeMD, Inc. (NASDAQ:LFMD) Imply Investors Are Overpaying?
Dec 03Investors Still Aren't Entirely Convinced By LifeMD, Inc.'s (NASDAQ:LFMD) Revenues Despite 38% Price Jump
Apr 17Analysts Are Betting On LifeMD, Inc. (NASDAQ:LFMD) With A Big Upgrade This Week
Nov 17LifeMD launches at-home screening kits for breast, colon cancers
Sep 14LifeMD Non-GAAP EPS of -$0.22 beats by $0.01, revenue of $30.5M misses by $1.45M
Aug 11LifeMD CEO Justin Schreiber - Disrupting Healthcare With Telemedicine
Jan 10LifeMD: 4 Reasons You Should Avoid This Stock
Sep 29LifeMD: Telehealth Growth Spectacular
Sep 17LifeMD: 'Actual, Hard Numbers' Keep Us Bullish
Jul 13Two class-action shareholder suits against LifeMD dropped
May 28LifeMD (LFMD) Investor Presentation - Slideshow
May 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$889k | US$300k | -US$24m |
| Sep 30 2023 | n/a | n/a | -US$32m |
| Jun 30 2023 | n/a | n/a | -US$33m |
| Mar 31 2023 | n/a | n/a | -US$39m |
| Dec 31 2022 | US$255k | US$255k | -US$49m |
| Sep 30 2022 | n/a | n/a | -US$55m |
| Jun 30 2022 | n/a | n/a | -US$61m |
| Mar 31 2022 | n/a | n/a | -US$64m |
| Dec 31 2021 | US$180k | US$180k | -US$62m |
| Sep 30 2021 | n/a | n/a | -US$75m |
| Jun 30 2021 | n/a | n/a | -US$85m |
| Mar 31 2021 | n/a | n/a | -US$73m |
| Dec 31 2020 | US$9m | US$180k | -US$63m |
| Sep 30 2020 | n/a | n/a | -US$32m |
| Jun 30 2020 | n/a | n/a | -US$9m |
| Mar 31 2020 | n/a | n/a | -US$5m |
| Dec 31 2019 | US$876k | n/a | -US$3m |
| Sep 30 2019 | n/a | n/a | -US$3m |
| Jun 30 2019 | n/a | n/a | -US$3m |
| Mar 31 2019 | n/a | n/a | -US$3m |
| Dec 31 2018 | US$460k | n/a | -US$2m |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | -US$2m |
| Mar 31 2018 | n/a | n/a | -US$594k |
| Dec 31 2017 | US$2m | n/a | -US$1m |
Compensation vs Market: Justin's total compensation ($USD888.80K) is below average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Justin's compensation has increased whilst the company is unprofitable.
CEO
Justin Schreiber (40 yo)
6.3yrs
Tenure
US$888,803
Compensation
Mr. Justin Schreiber served as an Independent Director at Quantum Computing Inc until September 22, 2021. Mr. Schreiber has been Chairman of the Board at LifeMD, Inc. (formerly known as Conversion Labs, In...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.3yrs | US$888.80k | 6.51% $ 32.9m | |
| Chief Financial Officer | 3.3yrs | US$2.60m | 0.56% $ 2.8m | |
| Chief Innovation Officer | 1.3yrs | US$1.60m | 0.18% $ 896.9k | |
| Controller & Principal Accounting Officer | 3.2yrs | no data | 0.069% $ 348.2k | |
| Chief Technology Officer | 2.4yrs | no data | no data | |
| Chief Legal Officer | 3.5yrs | US$769.48k | 0% $ 0 | |
| Chief Compliance Officer & Deputy General Counsel | less than a year | no data | no data | |
| Chief Marketing Officer | 1.3yrs | no data | 0.37% $ 1.9m | |
| Chief Acquisition Officer & Head of Customer Acquisition | 6.3yrs | US$1.64m | 0.99% $ 5.0m | |
| Chief Software Engineer & Co-Founder of PDF Simpli | no data | no data | no data | |
| Senior Vice President of Patient Experience | 2.3yrs | no data | no data | |
| Senior VP & GM of LifeMD Primary Care | 2.3yrs | no data | no data |
2.4yrs
Average Tenure
41yo
Average Age
Experienced Management: LFMD's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.9yrs | US$888.80k | 6.51% $ 32.9m | |
| Independent Director | 9.7yrs | no data | 0.31% $ 1.5m | |
| Independent Director | 12.8yrs | US$209.50k | 0.82% $ 4.1m | |
| Independent Director | 3.5yrs | US$222.00k | 0.24% $ 1.2m | |
| Member of Medical Advisory Board | 4.1yrs | no data | no data | |
| Member of Advisory Board | no data | US$12.30k | no data | |
| Member of Medical Advisory Board | 3.9yrs | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data |
5.5yrs
Average Tenure
53yo
Average Age
Experienced Board: LFMD's board of directors are considered experienced (5.5 years average tenure).