Butterfly Network Management
Management criteria checks 2/4
Butterfly Network's CEO is Joe DeVivo, appointed in Apr 2023, has a tenure of 1.08 years. total yearly compensation is $10.81M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth $773.52K. The average tenure of the management team and the board of directors is 2.8 years and 3.2 years respectively.
Key information
Joe DeVivo
Chief executive officer
US$10.8m
Total compensation
| CEO salary percentage | 5.4% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Butterfly Network, Inc. (NYSE:BFLY) Analysts Are Pretty Bullish On The Stock After Recent Results
May 04
The Price Is Right For Butterfly Network, Inc. (NYSE:BFLY)
Apr 13Is Butterfly Network (NYSE:BFLY) In A Good Position To Invest In Growth?
Mar 15Butterfly Network: Progress Being Made
Jan 21Butterfly Network, Inc.'s (NYSE:BFLY) 29% Share Price Surge Not Quite Adding Up
Jan 09We're Keeping An Eye On Butterfly Network's (NYSE:BFLY) Cash Burn Rate
Dec 13Butterfly Network: Ongoing Strategic Pivot, Substantial Cash Burn, And Structurally Unprofitable
Nov 11Here's Why We're Watching Butterfly Network's (NYSE:BFLY) Cash Burn Situation
Sep 04Butterfly Network: Will Pivot To AI Be Enough To Restart Growth?
Aug 28Butterfly Network: Favoring Profits And A Possible Blueprint For AI Governance
Jun 16Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?
May 10Butterfly Network, Inc.'s (NYSE:BFLY) P/S Is Still On The Mark Following 31% Share Price Bounce
Apr 17Butterfly Network, Inc. (NYSE:BFLY) Just Reported Earnings, And Analysts Cut Their Target Price
Mar 03Will Butterfly Network (NYSE:BFLY) Spend Its Cash Wisely?
Jan 24Butterfly Network: Outstanding Product But I Am Fearful Of The Significant Losses
Jan 17Butterfly Network CEO Todd Fruchterman to depart, Rothberg named interim CEO
Dec 06Butterfly Network Q3 2022 Earnings Preview
Nov 02Butterfly Network: Bill Gates-Backed With A $12 Billion TAM
Sep 19Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?
Sep 09The Meta-Hurt With Special Guest Mike Saul!
Sep 01Butterfly Network Q2 2022 Earnings Preview
Aug 02Butterfly Network: Not The Time To Buy
Jul 12Butterfly Network Inc.: Evaluating Another SPAC 'Dumpster Fire'
Apr 15Language Of The Butterfly Network
Jan 27Butterfly Network: Buying Under $10 Again
Aug 18Butterfly Network gains after added as new best idea long at Hedgeye
Jun 16Butterfly Network to build new corporate headquarters in Massachusetts
Jun 07Companies Like Butterfly Network (NYSE:BFLY) Can Afford To Invest In Growth
May 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$122m |
| Dec 31 2023 | US$11m | US$589k | -US$134m |
Compensation vs Market: Joe's total compensation ($USD10.81M) is above average for companies of similar size in the US market ($USD1.63M).
Compensation vs Earnings: Insufficient data to compare Joe's compensation with company performance.
CEO
Joe DeVivo (56 yo)
1.1yrs
Tenure
US$10,808,617
Compensation
Mr. Joseph M. DeVivo, also known as Joe, serves as President, Chief Executive Officer, principal executive officer and Chairman of the Board at Butterfly Network, Inc. since April 24, 2023. He had been Pre...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman of the Board | 1.1yrs | US$10.81m | 0.39% $ 773.5k | |
| Founder & Director | 13.3yrs | US$217.35k | 17.72% $ 35.2m | |
| Executive VP | 2yrs | US$3.31m | 0.18% $ 348.0k | |
| Senior VP & CTO | 2.8yrs | US$2.25m | 0.19% $ 373.9k | |
| Chief Information Officer | 2.8yrs | no data | no data | |
| Chief Strategy Officer & Chief Business Development Officer | 5.8yrs | US$1.63m | 0.18% $ 357.5k | |
| Chief Medical Officer | 3.5yrs | no data | no data | |
| Senior Vice President of International Sales | less than a year | no data | no data | |
| President of Golden Queen Mining LLC | less than a year | no data | no data |
2.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: BFLY's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman of the Board | 1.1yrs | US$10.81m | 0.39% $ 773.5k | |
| Founder & Director | no data | US$217.35k | 17.72% $ 35.2m | |
| Lead Independent Director | 4.3yrs | US$221.85k | 2.21% $ 4.4m | |
| Independent Director | 3.2yrs | US$215.00k | 0.030% $ 60.5k | |
| Independent Director | 3.3yrs | US$227.50k | 0.029% $ 58.6k | |
| Independent Director | 3.3yrs | US$208.02k | 0.035% $ 70.1k | |
| Independent Director | 2.7yrs | US$212.65k | 0.031% $ 61.3k |
3.2yrs
Average Tenure
56yo
Average Age
Experienced Board: BFLY's board of directors are considered experienced (3.2 years average tenure).