SANUWAVE Health Management
Management criteria checks 2/4
SANUWAVE Health's CEO is Morgan Frank, appointed in May 2023, has a tenure of 1.08 years. total yearly compensation is $200.00K, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 1.04% of the company’s shares, worth $221.97K. The average tenure of the management team and the board of directors is 1.1 years and 4.6 years respectively.
Key information
Morgan Frank
Chief executive officer
US$200.0k
Total compensation
| CEO salary percentage | 0.0005% |
| CEO tenure | 1.1yrs |
| CEO ownership | 1.0% |
| Management average tenure | 1.1yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$17m |
| Dec 31 2023 | US$200k | US$1 | -US$26m |
| Sep 30 2023 | n/a | n/a | -US$50m |
| Jun 30 2023 | n/a | n/a | -US$27m |
| Mar 31 2023 | n/a | n/a | -US$18m |
| Dec 31 2022 | US$43k | n/a | -US$10m |
Compensation vs Market: Morgan's total compensation ($USD200.00K) is below average for companies of similar size in the US market ($USD665.80K).
Compensation vs Earnings: Morgan's compensation has increased whilst the company is unprofitable.
CEO
Morgan Frank (51 yo)
1.1yrs
Tenure
US$200,001
Compensation
Mr. Morgan C. Frank served as the Chief Executive Officer, Chief Financial Officer, Company Secretary and Treasurer of Modular Medical, Inc. from April 26, 2017 to July 24, 2017. He is Chairman of the Boar...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.1yrs | US$200.00k | 1.04% $ 222.0k | |
| Chief Strategy Officer & Director | 1.1yrs | US$470.00k | 2.67% $ 571.9k | |
| Executive VP of Sales for U.S. Wound Business | 1.3yrs | US$323.46k | no data | |
| President | less than a year | no data | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | 18.3yrs | US$247.83k | 0% $ 0 | |
| Chief Science & Technology Officer | 5.8yrs | US$240.18k | 0% $ 0 |
1.1yrs
Average Tenure
53.5yo
Average Age
Experienced Management: SNWV's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.8yrs | US$200.00k | 1.04% $ 222.0k | |
| Chief Strategy Officer & Director | 14.7yrs | US$470.00k | 2.67% $ 571.9k | |
| Independent Director | 3.2yrs | US$90.00k | 0.28% $ 61.0k | |
| Independent Director | 8.2yrs | US$97.00k | 11.61% $ 2.5m | |
| Member of Medical & Science Advisory Board | 7yrs | no data | no data | |
| Member of Clinical Advisory Board | 6.1yrs | no data | no data | |
| Independent Director | 2.2yrs | US$90.00k | no data | |
| Independent Director | 2.2yrs | US$90.00k | 1.52% $ 324.7k |
4.6yrs
Average Tenure
53.5yo
Average Age
Experienced Board: SNWV's board of directors are considered experienced (4.6 years average tenure).