Myomo Management
Management criteria checks 3/4
Myomo's CEO is Paul Gudonis, appointed in Jul 2011, has a tenure of 12.92 years. total yearly compensation is $663.90K, comprised of 45.2% salary and 54.8% bonuses, including company stock and options. directly owns 2.03% of the company’s shares, worth $1.99M. The average tenure of the management team and the board of directors is 3.6 years and 8.8 years respectively.
Key information
Paul Gudonis
Chief executive officer
US$663.9k
Total compensation
| CEO salary percentage | 45.2% |
| CEO tenure | 12.9yrs |
| CEO ownership | 2.0% |
| Management average tenure | 3.6yrs |
| Board average tenure | 8.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$9m |
| Dec 31 2023 | US$664k | US$300k | -US$8m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jun 30 2023 | n/a | n/a | -US$9m |
| Mar 31 2023 | n/a | n/a | -US$11m |
| Dec 31 2022 | US$526k | US$300k | -US$11m |
| Sep 30 2022 | n/a | n/a | -US$12m |
| Jun 30 2022 | n/a | n/a | -US$11m |
| Mar 31 2022 | n/a | n/a | -US$11m |
| Dec 31 2021 | US$958k | US$268k | -US$11m |
| Sep 30 2021 | n/a | n/a | -US$9m |
| Jun 30 2021 | n/a | n/a | -US$10m |
| Mar 31 2021 | n/a | n/a | -US$11m |
| Dec 31 2020 | US$567k | US$240k | -US$12m |
| Sep 30 2020 | n/a | n/a | -US$13m |
| Jun 30 2020 | n/a | n/a | -US$13m |
| Mar 31 2020 | n/a | n/a | -US$13m |
| Dec 31 2019 | US$444k | US$240k | -US$12m |
| Sep 30 2019 | n/a | n/a | -US$11m |
| Jun 30 2019 | n/a | n/a | -US$11m |
| Mar 31 2019 | n/a | n/a | -US$11m |
| Dec 31 2018 | US$538k | US$240k | -US$10m |
| Sep 30 2018 | n/a | n/a | -US$10m |
| Jun 30 2018 | n/a | n/a | -US$8m |
| Mar 31 2018 | n/a | n/a | -US$13m |
| Dec 31 2017 | US$299k | US$186k | -US$13m |
Compensation vs Market: Paul's total compensation ($USD663.90K) is about average for companies of similar size in the US market ($USD664.85K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul Gudonis (69 yo)
12.9yrs
Tenure
US$663,900
Compensation
Mr. Paul R. Gudonis has been the Chief Executive Officer and President of Myomo, Inc. since July 2011 and February 2017 respectively. Mr. Gudonis served as President of United States Foundation For Inspira...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.9yrs | US$663.90k | 2.03% $ 2.0m | |
| Chief Financial Officer | 5.3yrs | US$478.90k | 0.66% $ 647.1k | |
| Chief Medical Officer | 3.6yrs | US$478.37k | 0.0014% $ 1.3k | |
| Global Director of Operations | 1.4yrs | no data | no data | |
| Director of Marketing | 1.5yrs | no data | no data | |
| Senior Director of Human Resources | 3.4yrs | no data | no data | |
| Chief Commercial Officer | 5.9yrs | US$459.43k | 0.21% $ 205.8k |
3.6yrs
Average Tenure
64yo
Average Age
Experienced Management: MYO's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.9yrs | US$663.90k | 2.03% $ 2.0m | |
| Board Advisor | 4.5yrs | US$45.00k | no data | |
| Lead Independent Director | 9.8yrs | US$100.00k | 0.77% $ 753.1k | |
| Independent Director | 12.3yrs | US$100.00k | 0.052% $ 51.0k | |
| Independent Director | 7.9yrs | US$100.00k | 0.22% $ 219.7k | |
| Chairman of Scientific Advisory Board | no data | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Veteran Advisory Board | no data | no data | no data | |
| Member of Veteran Advisory Board | no data | no data | no data | |
| Member of Veteran Advisory Board | no data | no data | no data | |
| Chairman of Veteran Advisory Board | no data | no data | no data |
8.8yrs
Average Tenure
69yo
Average Age
Experienced Board: MYO's board of directors are considered experienced (8.8 years average tenure).