Venus Concept Management
Management criteria checks 3/4
Venus Concept's CEO is Rajiv Kanishka De Silva, appointed in Oct 2022, has a tenure of 2.17 years. total yearly compensation is $842.63K, comprised of 62.3% salary and 37.7% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $30.00K. The average tenure of the management team and the board of directors is 2 years and 2.5 years respectively.
Key information
Rajiv Kanishka De Silva
Chief executive officer
US$842.6k
Total compensation
| CEO salary percentage | 62.3% |
| CEO tenure | 2.2yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2yrs |
| Board average tenure | 2.5yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$50m |
| Jun 30 2024 | n/a | n/a | -US$50m |
| Mar 31 2024 | n/a | n/a | -US$37m |
| Dec 31 2023 | US$843k | US$525k | -US$37m |
| Sep 30 2023 | n/a | n/a | -US$36m |
| Jun 30 2023 | n/a | n/a | -US$42m |
| Mar 31 2023 | n/a | n/a | -US$45m |
| Dec 31 2022 | US$1m | US$131k | -US$44m |
Compensation vs Market: Rajiv Kanishka's total compensation ($USD842.63K) is about average for companies of similar size in the US market ($USD651.40K).
Compensation vs Earnings: Rajiv Kanishka's compensation has been consistent with company performance over the past year.
CEO
Rajiv Kanishka De Silva (57 yo)
2.2yrs
Tenure
US$842,625
Compensation
Mr. Rajiv Kanishka Liyanaarchchie De Silva is President of Venus Concept USA Inc. since November 30, 2010 and serves as its CEO and Director. He serves as Director and Chief Executive Officer at Venus Conc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.2yrs | US$842.63k | 1.15% $ 30.0k | |
| President & COO | 2.2yrs | US$582.67k | 0.23% $ 6.0k | |
| Executive VP and GM of Global Sales & Marketing | 3.2yrs | US$602.00k | 0.12% $ 3.2k | |
| Executive VP & CFO | 5.1yrs | US$542.36k | 0.14% $ 3.6k | |
| General Counsel & Corporate Secretary | 4.3yrs | no data | 0.021% $ 536.7 | |
| Executive Vice President of Technical Operations & Compliance | 1.8yrs | no data | 0.0072% $ 186.8 | |
| Head of Marketing & Product Management | 1.9yrs | no data | no data | |
| Chief Human Resources Officer | 5.1yrs | no data | 0.024% $ 616.4 | |
| Head of Scientific & Clinical Affairs | 1.9yrs | no data | no data | |
| Head of Sales - Canada | 1.9yrs | no data | no data | |
| Head of R&D | 1.9yrs | no data | no data | |
| Head of R&D | 1.9yrs | no data | no data |
2.0yrs
Average Tenure
57yo
Average Age
Experienced Management: VERO's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.2yrs | US$842.63k | 1.15% $ 30.0k | |
| Independent Director | 5.1yrs | US$86.52k | 0% $ 0 | |
| Independent Director | 5.1yrs | US$81.52k | 0% $ 0 | |
| Member of Advisory Board | 1.4yrs | no data | no data | |
| Independent Director | 5.1yrs | US$69.84k | 0% $ 0 | |
| Member of Advisory Board | 1.4yrs | no data | no data | |
| Independent Director | 6.4yrs | US$58.19k | 0.11% $ 3.0k | |
| Independent Chairman of the Board | 5.1yrs | US$86.52k | no data | |
| Member of Advisory Board | 1.4yrs | no data | no data | |
| Member of Advisory Board | 1.4yrs | no data | no data | |
| Independent Director | 2.9yrs | US$51.52k | 0.27% $ 7.0k | |
| Member of Advisory Board | 1.4yrs | no data | no data |
2.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: VERO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:06 |
| 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 |
|
|
| 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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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
Venus Concept Inc. is covered by 6 analysts. 3 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 |
|---|---|
| Michael Gorman | BTIG |
| Marie Thibault | BTIG |
| Jeffrey Cohen | Ladenburg Thalmann & Company |