Treace Medical Concepts Management
Management criteria checks 2/4
Treace Medical Concepts' CEO is John Treace, appointed in Jul 2014, has a tenure of 9.75 years. total yearly compensation is $8.42M, comprised of 8.1% salary and 91.9% bonuses, including company stock and options. directly owns 17.69% of the company’s shares, worth $119.01M. The average tenure of the management team and the board of directors is 2.5 years and 6.3 years respectively.
Key information
John Treace
Chief executive officer
US$8.4m
Total compensation
| CEO salary percentage | 8.1% |
| CEO tenure | 9.8yrs |
| CEO ownership | 17.7% |
| Management average tenure | 2.5yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Market Still Lacking Some Conviction On Treace Medical Concepts, Inc. (NASDAQ:TMCI)
Apr 05
Does Treace Medical Concepts (NASDAQ:TMCI) Have A Healthy Balance Sheet?
Feb 09Why Investors Shouldn't Be Surprised By Treace Medical Concepts, Inc.'s (NASDAQ:TMCI) 31% Share Price Surge
Jan 04Market Cool On Treace Medical Concepts, Inc.'s (NASDAQ:TMCI) Revenues Pushing Shares 46% Lower
Nov 11Analysts Are Updating Their Treace Medical Concepts, Inc. (NASDAQ:TMCI) Estimates After Its Second-Quarter Results
Aug 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$8m | US$684k | -US$50m |
| Sep 30 2023 | n/a | n/a | -US$48m |
| Jun 30 2023 | n/a | n/a | -US$42m |
| Mar 31 2023 | n/a | n/a | -US$47m |
| Dec 31 2022 | US$4m | US$568k | -US$43m |
| Sep 30 2022 | n/a | n/a | -US$45m |
| Jun 30 2022 | n/a | n/a | -US$39m |
| Mar 31 2022 | n/a | n/a | -US$27m |
| Dec 31 2021 | US$688k | US$410k | -US$21m |
| Sep 30 2021 | n/a | n/a | -US$12m |
| Jun 30 2021 | n/a | n/a | -US$8m |
| Mar 31 2021 | n/a | n/a | -US$5m |
| Dec 31 2020 | US$392k | US$316k | -US$4m |
Compensation vs Market: John's total compensation ($USD8.42M) is above average for companies of similar size in the US market ($USD3.43M).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
CEO
John Treace (51 yo)
9.8yrs
Tenure
US$8,422,635
Compensation
Mr. John T. Treace Founded Treace Medical Concepts, Inc. in 2014 and has been its Chief Executive Officer and Director since July 1, 2014. Before that, Mr. Treace served as Senior Vice President of U.S. Sa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Founder & Director | 9.8yrs | US$8.42m | 17.69% $ 119.0m | |
| Chief Financial Officer | 3.6yrs | US$4.69m | 0.033% $ 223.2k | |
| Senior Vice President of Sales | 2.7yrs | US$3.26m | 0.0066% $ 44.3k | |
| Senior Vice President of Operations | 2.6yrs | no data | no data | |
| Chief Information & Security Officer | 2.1yrs | no data | no data | |
| Chief Communications & Investor Relations Officer | less than a year | no data | no data | |
| Chief Legal & Compliance Officer and Corporate Secretary | 2.5yrs | no data | 0.0069% $ 46.5k | |
| Senior Vice President of Marketing | less than a year | no data | no data | |
| Chief Human Resources Officer | 3.2yrs | no data | 0.0085% $ 57.2k | |
| Chief Innovation Officer | 1.3yrs | no data | 0.0018% $ 12.4k | |
| Senior Vice President of Clinical Affairs | no data | no data | no data | |
| Senior Vice President of Quality Assurance & Regulatory Affairs | no data | no data | no data |
2.5yrs
Average Tenure
51yo
Average Age
Experienced Management: TMCI's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Founder & Director | 9.8yrs | US$8.42m | 17.69% $ 119.0m | |
| Independent Director | 3.4yrs | US$214.79k | 0.0037% $ 25.0k | |
| Chairman of the Board | 9.8yrs | US$94.74k | 2.21% $ 14.9m | |
| Independent Director | 9.1yrs | US$197.26k | 1.46% $ 9.8m | |
| Independent Director | 3.4yrs | US$214.79k | 0.56% $ 3.7m | |
| Independent Director | 2.5yrs | US$209.79k | 0.0043% $ 29.2k | |
| Member of the Surgeon Advisory Board | no data | no data | no data | |
| Member of the Surgeon Advisory Board | no data | no data | no data | |
| Member of the Surgeon Advisory Board | no data | no data | no data | |
| Member of the Surgeon Advisory Board | no data | no data | no data | |
| Member of the Surgeon Advisory Board | no data | no data | no data | |
| Member of the Surgeon Advisory Board | no data | no data | no data |
6.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TMCI's board of directors are considered experienced (6.3 years average tenure).