Titan Medical Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Paul Cataford
Chief executive officer
US$791.5k
Total compensation
| CEO salary percentage | 22.1% |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | no data |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
Titan Medical reports Q2 results
Aug 11Titan Medical granted 180-day extension to regain compliance with Nasdaq's minimum bid price rule
Jun 29Titan Medical: Developing Single-Access Robotic Assisted Surgical Technologies
Dec 05Titan Medical earns milestone payment of $10M under licensing deal with Medtronic; shares rise 10%
May 28Titan Medical announces $15M bought deal offering
Feb 02Titan Medical announces $10M bought deal offering
Jan 05Titan medical provides regulatory update on its Enos Robotic Single Access System
Dec 30Titan Medical in full compliance with Nasdaq listing criteria
Dec 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$7m |
| Sep 30 2023 | n/a | n/a | -US$2m |
| Jun 30 2023 | n/a | n/a | -US$12m |
| Mar 31 2023 | n/a | n/a | -US$36m |
| Dec 31 2022 | US$791k | US$175k | -US$43m |
| Sep 30 2022 | n/a | n/a | -US$21m |
| Jun 30 2022 | n/a | n/a | -US$19m |
| Mar 31 2022 | n/a | n/a | -US$9m |
| Dec 31 2021 | US$457k | US$25k | -US$15m |
| Sep 30 2021 | n/a | n/a | -US$45m |
| Jun 30 2021 | n/a | n/a | -US$38m |
| Mar 31 2021 | n/a | n/a | -US$38m |
| Dec 31 2020 | US$20k | n/a | -US$24m |
Compensation vs Market: Paul's total compensation ($USD791.47K) is about average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
CEO
Paul Cataford (59 yo)
less than a year
Tenure
US$791,467
Compensation
Mr. Paul G. Cataford, ICD D, MBA, B.Sc. (Engineering) is Chairman, Interim President & CEO of Titan Medical Inc. from June 01, 2023. Mr. Cataford, serves as Chief Executive Director at Loop Energy Inc. sin...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3.7yrs | US$791.47k | 0.12% $ 6.0k | |
| Lead Independent Director | 3.7yrs | US$158.54k | 0.011% $ 526.2 | |
| Independent Director | 2.9yrs | US$154.75k | no data | |
| Independent Director | 3.7yrs | US$3.18m | 0.013% $ 657.7 | |
| Member of Surgeon Advisory Board | no data | no data | no data | |
| Member of Surgeon Advisory Board | 2.5yrs | no data | no data | |
| Member of Surgeon Advisory Board | 2.5yrs | no data | no data | |
| Member of Surgeon Advisory Board | 2.5yrs | no data | no data | |
| Independent Director | less than a year | no data | 0.27% $ 13.7k |
2.7yrs
Average Tenure
59yo
Average Age
Experienced Board: TMDI.F's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.