Nuwellis Management

Management criteria checks 4/4

Nuwellis' CEO is Nestor Jaramillo, appointed in Jul 2020, has a tenure of 4.33 years. total yearly compensation is $606.60K, comprised of 69.3% salary and 30.7% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth $136.86. The average tenure of the management team and the board of directors is 3.4 years and 4.5 years respectively.

Key information

Nestor Jaramillo

Chief executive officer

US$606.6k

Total compensation

CEO salary percentage69.3%
CEO tenure4.3yrs
CEO ownership0.003%
Management average tenure3.4yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Nuwellis hires Lynn Blake as CFO

Oct 19

Nuwellis surges 90% on positive data from Postoperative Coronary Artery Bypass Grafting treatment

Aug 31

Nuwellis Q2 2022 Earnings Preview

Aug 08

CHF Solutions down 10% on Q3 miss

Nov 10

CEO Compensation Analysis

How has Nestor Jaramillo's remuneration changed compared to Nuwellis's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$17m

Jun 30 2024n/an/a

-US$23m

Mar 31 2024n/an/a

-US$20m

Dec 31 2023US$607kUS$421k

-US$23m

Sep 30 2023n/an/a

-US$17m

Jun 30 2023n/an/a

-US$17m

Mar 31 2023n/an/a

-US$17m

Dec 31 2022US$715kUS$412k

-US$15m

Sep 30 2022n/an/a

-US$17m

Jun 30 2022n/an/a

-US$18m

Mar 31 2022n/an/a

-US$19m

Dec 31 2021US$1mUS$384k

-US$20m

Sep 30 2021n/an/a

-US$18m

Jun 30 2021n/an/a

-US$17m

Mar 31 2021n/an/a

-US$17m

Dec 31 2020US$481kUS$343k

-US$18m

Sep 30 2020n/an/a

-US$19m

Jun 30 2020n/an/a

-US$19m

Mar 31 2020n/an/a

-US$20m

Dec 31 2019US$639kUS$209k

-US$23m

Compensation vs Market: Nestor's total compensation ($USD606.60K) is about average for companies of similar size in the US market ($USD647.72K).

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


CEO

Nestor Jaramillo (67 yo)

4.3yrs

Tenure

US$606,603

Compensation

Mr. Nestor Jaramillo, Jr. has been President of Nuwellis, Inc. (formerly known as CHF Solutions, Inc.) since July 1, 2020 and has been its Chief Executive Officer and Director since January 16, 2021 and se...


Leadership Team

NamePositionTenureCompensationOwnership
Nestor Jaramillo
President4.3yrsUS$606.60k0.0032%
$ 136.9
Robert Scott
Chief Financial Officer1.2yrsUS$291.41k0%
$ 0
Neil Ayotte
Senior VP3.4yrsUS$406.49k0%
$ 0
John Kowalczyk
Senior Vice President of Sales & Marketing2.8yrsno datano data
Sandra Eayrs
Chief Human Resources Officer9.8yrsno datano data
John Jefferies
Chief Medical Officer & Member of Medical Advisory Board1.8yrsno datano data
Paul Wotta
Corporate Controller12.9yrsno datano data

3.4yrs

Average Tenure

64yo

Average Age

Experienced Management: NUWE's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nestor Jaramillo
President3.8yrsUS$606.60k0.0032%
$ 136.9
John Jefferies
Chief Medical Officer & Member of Medical Advisory Boardno datano datano data
John Erb
Chairman of the Board12.2yrsUS$65.86k0%
$ 0
Gregory Waller
Independent Director13.3yrsUS$68.86k0%
$ 0
Michael McCormick
Lead Independent Director1.5yrsUS$25.66k0%
$ 0
Maria Costanzo
Independent Director & Member of Medical Advisory Board5.2yrsUS$53.79kno data
Archelle Georgiou
Independent Directorless than a yearno data0%
$ 0
Steven Coca
Member of Medical Advisory Boardno datano datano data
Daniel Beckles
Member of Medical Advisory Boardno datano datano data
Maria DeVita
Member of Medical Advisory Boardno datano datano data
Aroti Hegde
Member of Medical Advisory Boardno datano datano data
Sitaramesh Emani
Member of Medical Advisory Boardno datano datano data

4.5yrs

Average Tenure

68yo

Average Age

Experienced Board: NUWE's board of directors are considered experienced (4.5 years average tenure).