Vivani Medical Management
Management criteria checks 1/4
Vivani Medical's CEO is Adam Mendelsohn, appointed in Aug 2022, has a tenure of 2.33 years. total yearly compensation is $1.04M, comprised of 57.2% salary and 42.8% bonuses, including company stock and options. directly owns 6.24% of the company’s shares, worth $4.29M. The average tenure of the management team and the board of directors is 2.3 years and 2.9 years respectively.
Key information
Adam Mendelsohn
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 57.2% |
| CEO tenure | 2.3yrs |
| CEO ownership | 6.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
We Think Vivani Medical (NASDAQ:VANI) Needs To Drive Business Growth Carefully
Aug 19
Is Vivani Medical (NASDAQ:VANI) In A Good Position To Invest In Growth?
Dec 23Here's Why We're Watching Vivani Medical's (NASDAQ:VANI) Cash Burn Situation
Jul 13Companies Like Vivani Medical (NASDAQ:VANI) Are In A Position To Invest In Growth
Apr 07We Think Vivani Medical (NASDAQ:VANI) Can Afford To Drive Business Growth
Dec 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$23m |
| Jun 30 2024 | n/a | n/a | -US$24m |
| Mar 31 2024 | n/a | n/a | -US$25m |
| Dec 31 2023 | US$1m | US$598k | -US$26m |
| Sep 30 2023 | n/a | n/a | -US$27m |
| Jun 30 2023 | n/a | n/a | -US$19m |
| Mar 31 2023 | n/a | n/a | -US$16m |
| Dec 31 2022 | US$312k | US$300k | -US$14m |
| Sep 30 2022 | n/a | n/a | -US$10m |
| Jun 30 2022 | n/a | n/a | -US$15m |
| Mar 31 2022 | n/a | n/a | -US$14m |
| Dec 31 2021 | US$308k | US$300k | -US$13m |
| Dec 31 2020 | US$223k | US$195k | -US$9m |
Compensation vs Market: Adam's total compensation ($USD1.04M) is above average for companies of similar size in the US market ($USD653.16K).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
CEO
Adam Mendelsohn (42 yo)
2.3yrs
Tenure
US$1,044,621
Compensation
Dr. Adam Mendelsohn, Ph.D. serves as Chief Executive Officer and Director at Vivani Medical, Inc. since August 2022 and is its Co-Founder. Dr. Mendelsohn is Chairman of the Board at Cortigent, Inc. and its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.3yrs | US$1.04m | 6.24% $ 4.3m | |
| Chief Operations Officer | 2.3yrs | US$725.50k | 0% $ 0 | |
| Chief Medical Officer | 2.9yrs | US$661.53k | 0% $ 0 | |
| Chief Business Officer & Corporate Secretary | no data | US$245.21k | 0.084% $ 58.0k |
2.3yrs
Average Tenure
62.5yo
Average Age
Experienced Management: VANI's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.3yrs | US$1.04m | 6.24% $ 4.3m | |
| Director | less than a year | no data | 0% $ 0 | |
| Advisor | no data | no data | no data | |
| Director | 2.9yrs | US$70.00k | 0% $ 0 | |
| Independent Chairman of the Board | 2.9yrs | US$114.00k | 28.97% $ 19.9m | |
| Advisor | no data | no data | no data | |
| Independent Director | 2.9yrs | US$106.00k | no data | |
| Independent Director | 2.9yrs | US$90.00k | 0.0037% $ 2.5k | |
| Advisor | no data | no data | no data |
2.9yrs
Average Tenure
65yo
Average Age
Experienced Board: VANI's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:06 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vivani Medical, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yi Chen | H.C. Wainwright & Co. |
| Nazibur Rahman | Maxim Group |
| Ashok Kumar | ThinkEquity LLC |