Neuronetics Management
Management criteria checks 2/4
Neuronetics' CEO is Keith Sullivan, appointed in Jul 2020, has a tenure of 3.75 years. total yearly compensation is $2.43M, comprised of 27.8% salary and 72.2% bonuses, including company stock and options. directly owns 2.23% of the company’s shares, worth $2.88M. The average tenure of the management team and the board of directors is 1.2 years and 3.9 years respectively.
Key information
Keith Sullivan
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 27.8% |
| CEO tenure | 3.8yrs |
| CEO ownership | 2.2% |
| Management average tenure | 1.2yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding Neuronetics, Inc.'s (NASDAQ:STIM) Performance Completely
Mar 17
Neuronetics: Modest Improvements Are Not Enough
Jan 30Neuronetics, Inc. (NASDAQ:STIM) Soars 61% But It's A Story Of Risk Vs Reward
Dec 19Neuronetics, Inc.'s (NASDAQ:STIM) Shares Not Telling The Full Story
Jun 21Does Neuronetics (NASDAQ:STIM) Have A Healthy Balance Sheet?
May 10Neuronetics: Growth To Capture, But Fairly Priced
Sep 06Is Neuronetics (NASDAQ:STIM) Using Debt Sensibly?
Sep 06Neuronetics gets FDA nod for its D-Tect accessory product for use to treat depression
Aug 29Neuronetics GAAP EPS of -$0.39 beats by $0.02, revenue of $16.3M beats by $0.84M , revises FY guidance
Aug 02Neuronetics stock soars 30% as FDA clears NeuroStar system for anxious depression
Jul 19Is Neuronetics (NASDAQ:STIM) A Risky Investment?
Jun 08Is Neuronetics (NASDAQ:STIM) Weighed On By Its Debt Load?
Jan 19Is Neuronetics (NASDAQ:STIM) Using Debt In A Risky Way?
Oct 14Is Neuronetics (NASDAQ:STIM) A Risky Investment?
Jul 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$30m |
| Sep 30 2023 | n/a | n/a | -US$33m |
| Jun 30 2023 | n/a | n/a | -US$31m |
| Mar 31 2023 | n/a | n/a | -US$37m |
| Dec 31 2022 | US$2m | US$676k | -US$37m |
| Sep 30 2022 | n/a | n/a | -US$37m |
| Jun 30 2022 | n/a | n/a | -US$37m |
| Mar 31 2022 | n/a | n/a | -US$34m |
| Dec 31 2021 | US$3m | US$650k | -US$31m |
| Sep 30 2021 | n/a | n/a | -US$27m |
| Jun 30 2021 | n/a | n/a | -US$22m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$4m | US$280k | -US$27m |
Compensation vs Market: Keith's total compensation ($USD2.43M) is above average for companies of similar size in the US market ($USD673.36K).
Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.
CEO
Keith Sullivan (65 yo)
3.8yrs
Tenure
US$2,429,953
Compensation
Mr. Keith J. Sullivan has been President, Chief Executive Officer and Director of Neuronetics, Inc. since July 14, 2020. Mr. Sullivan has been a Director of Venus Concept Inc. (formerly known as Restoratio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$2.43m | 2.23% $ 2.9m | |
| Executive VP | 4.8yrs | US$1.35m | 0.86% $ 1.1m | |
| Executive VP | 4.3yrs | US$1.17m | 0.61% $ 785.4k | |
| Senior VP of Operations & Quality | 1.3yrs | no data | no data | |
| Senior VP & Chief Marketing Officer | less than a year | no data | no data | |
| Senior VP & Chief Revenue Officer | 1.2yrs | no data | no data | |
| Senior Vice President of National Accounts | 1.2yrs | no data | no data | |
| Senior Vice President of R&D and Clinical | 1.2yrs | no data | no data |
1.2yrs
Average Tenure
59yo
Average Age
Experienced Management: STIM's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$2.43m | 2.23% $ 2.9m | |
| Independent Director | 6.8yrs | US$182.50k | 0.43% $ 558.3k | |
| Independent Director | 18.9yrs | US$162.50k | 0.21% $ 275.4k | |
| Independent Director | 4.5yrs | US$171.25k | 0.26% $ 342.0k | |
| Independent Director | 4yrs | US$180.00k | 0.26% $ 339.4k | |
| Independent Chairman of the Board | 3yrs | US$251.25k | 0.39% $ 510.9k | |
| Director | 1.3yrs | no data | 0.023% $ 29.5k | |
| Independent Director | 2.7yrs | US$162.50k | 0.17% $ 215.5k |
3.9yrs
Average Tenure
63yo
Average Age
Experienced Board: STIM's board of directors are considered experienced (3.9 years average tenure).