Nuwellis Management
Management criteria checks 4/4
Nuwellis' CEO is Nestor Jaramillo, appointed in Jul 2020, has a tenure of 3.83 years. total yearly compensation is $606.60K, comprised of 69.3% salary and 30.7% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth $700.69. The average tenure of the management team and the board of directors is 2.9 years and 4 years respectively.
Key information
Nestor Jaramillo
Chief executive officer
US$606.6k
Total compensation
| CEO salary percentage | 69.3% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.9yrs |
| Board average tenure | 4yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$607k | US$421k | -US$23m |
| Sep 30 2023 | n/a | n/a | -US$17m |
| Jun 30 2023 | n/a | n/a | -US$17m |
| Mar 31 2023 | n/a | n/a | -US$17m |
| Dec 31 2022 | US$715k | US$412k | -US$15m |
| Sep 30 2022 | n/a | n/a | -US$17m |
| Jun 30 2022 | n/a | n/a | -US$18m |
| Mar 31 2022 | n/a | n/a | -US$19m |
| Dec 31 2021 | US$1m | US$384k | -US$20m |
| Sep 30 2021 | n/a | n/a | -US$18m |
| Jun 30 2021 | n/a | n/a | -US$17m |
| Mar 31 2021 | n/a | n/a | -US$17m |
| Dec 31 2020 | US$481k | US$343k | -US$18m |
| Sep 30 2020 | n/a | n/a | -US$19m |
| Jun 30 2020 | n/a | n/a | -US$19m |
| Mar 31 2020 | n/a | n/a | -US$20m |
| Dec 31 2019 | US$639k | US$209k | -US$23m |
Compensation vs Market: Nestor's total compensation ($USD606.60K) is about average for companies of similar size in the US market ($USD667.96K).
Compensation vs Earnings: Nestor's compensation has been consistent with company performance over the past year.
CEO
Nestor Jaramillo (66 yo)
3.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$606.60k | 0.027% $ 700.7 | |
| Chief Financial Officer | less than a year | US$291.41k | 0% $ 0 | |
| Senior VP | 2.9yrs | US$406.49k | 0% $ 0 | |
| Senior Vice President of Sales & Marketing | 2.3yrs | no data | no data | |
| Chief Human Resources Officer | 9.3yrs | no data | no data | |
| Chief Medical Officer & Member of Medical Advisory Board | 1.3yrs | no data | no data | |
| Corporate Controller | 12.4yrs | no data | no data |
2.9yrs
Average Tenure
63yo
Average Age
Experienced Management: NUWE's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$606.60k | 0.027% $ 700.7 | |
| Chief Medical Officer & Member of Medical Advisory Board | no data | no data | no data | |
| Chairman of the Board | 11.7yrs | US$65.86k | 0.000030% $ 0.8 | |
| Independent Director | 12.8yrs | US$68.86k | 0% $ 0 | |
| Lead Independent Director | less than a year | US$25.66k | 0% $ 0 | |
| Independent Director & Member of Medical Advisory Board | 4.7yrs | US$53.79k | no data | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data |
4.0yrs
Average Tenure
67yo
Average Age
Experienced Board: NUWE's board of directors are considered experienced (4 years average tenure).