Rockwell Medical Management
Management criteria checks 2/4
Rockwell Medical's CEO is Mark Strobeck, appointed in Jul 2022, has a tenure of 2.33 years. total yearly compensation is $1.05M, comprised of 53.7% salary and 46.3% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth $90.53K. The average tenure of the management team and the board of directors is 2.2 years and 4.4 years respectively.
Key information
Mark Strobeck
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 53.7% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2.2yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
The Market Lifts Rockwell Medical, Inc. (NASDAQ:RMTI) Shares 28% But It Can Do More
Sep 29
Rockwell Medical: The Turnaround Is Looking Real
Sep 15Rockwell Medical, Inc. Just Reported A Surprise Profit And Analysts Updated Their Estimates
Aug 11Rockwell Medical, Inc.'s (NASDAQ:RMTI) Subdued P/S Might Signal An Opportunity
Jul 12Does Rockwell Medical (NASDAQ:RMTI) Have A Healthy Balance Sheet?
May 08Is Rockwell Medical (NASDAQ:RMTI) A Risky Investment?
Feb 06Rockwell Medical, Inc. (NASDAQ:RMTI) Doing What It Can To Lift Shares
Dec 25Is Rockwell Medical (NASDAQ:RMTI) Using Too Much Debt?
Oct 11Is Rockwell Medical (NASDAQ:RMTI) Weighed On By Its Debt Load?
Jun 02Is There Now An Opportunity In Rockwell Medical, Inc. (NASDAQ:RMTI)?
Oct 25An Intrinsic Calculation For Rockwell Medical, Inc. (NASDAQ:RMTI) Suggests It's 46% Undervalued
Sep 02Rockwell Medical Q2 Earnings Preview
Aug 12Rockwell Medical: Triferic Remains Key Despite Sluggish Growth Profile
Mar 02Rockwell Medical: Down But By No Means Out
Oct 05Rockwell Medical pops 6% on licensing deal for Triferic AVNU in Turkey
Jun 08Health Check: How Prudently Does Rockwell Medical (NASDAQ:RMTI) Use Debt?
Mar 08Some Rockwell Medical, Inc. (NASDAQ:RMTI) Analysts Just Made A Major Cut To Next Year's Estimates
Feb 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$5m |
| Mar 31 2024 | n/a | n/a | -US$9m |
| Dec 31 2023 | US$1m | US$566k | -US$9m |
| Sep 30 2023 | n/a | n/a | -US$9m |
| Jun 30 2023 | n/a | n/a | -US$12m |
| Mar 31 2023 | n/a | n/a | -US$13m |
| Dec 31 2022 | US$978k | US$267k | -US$19m |
Compensation vs Market: Mark's total compensation ($USD1.05M) is above average for companies of similar size in the US market ($USD648.89K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Strobeck (53 yo)
2.3yrs
Tenure
US$1,054,169
Compensation
Dr. Mark Strobeck, Ph D., serves as Independent Director at Windtree Therapeutics, Inc. since June 2023 and is its Lead Independent Director since August 13, 2024. He has served as the President, Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$1.05m | 0.063% $ 90.5k | |
| Senior Vice President of Finance | 1.1yrs | US$453.18k | no data | |
| Executive VP | 3.3yrs | US$660.29k | 0.036% $ 51.7k | |
| Senior VP & Chief Commercial Officer | less than a year | no data | 0.029% $ 41.9k | |
| Senior VP & Chief Corporate Affairs Officer | 2.2yrs | no data | no data |
2.2yrs
Average Tenure
51yo
Average Age
Experienced Management: RMTI's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$1.05m | 0.063% $ 90.5k | |
| Independent Director | 7.2yrs | US$142.27k | 0.11% $ 161.0k | |
| Independent Chairman | 4.7yrs | US$170.00k | 0.11% $ 152.1k | |
| Independent Director | 4.4yrs | US$127.94k | 0.10% $ 147.7k | |
| Independent Director | 1.1yrs | US$89.51k | 0.0065% $ 9.3k | |
| Independent Director | 7.4yrs | US$128.29k | 0.23% $ 326.7k | |
| Independent Director | 3.9yrs | US$130.56k | 0.10% $ 145.2k |
4.4yrs
Average Tenure
61yo
Average Age
Experienced Board: RMTI's board of directors are considered experienced (4.4 years average tenure).