Affimed Management

Management criteria checks 3/4

Affimed's CEO is Andreas Harstrick, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is €1.14M, comprised of 34% salary and 66% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth $403.02K. The average tenure of the management team and the board of directors is 6.7 years and 8.9 years respectively.

Key information

Andreas Harstrick

Chief executive officer

€1.1m

Total compensation

CEO salary percentage	34.0%
CEO tenure	less than a year
CEO ownership	0.5%
Management average tenure	6.7yrs
Board average tenure	8.9yrs

Recent management updates

We Discuss Why Affimed N.V.'s (NASDAQ:AFMD) CEO May Deserve A Higher Pay Packet

Jun 08

Recent updates

The Affimed N.V. (NASDAQ:AFMD) Analysts Have Been Trimming Their Sales Forecasts

Aug 15

Need To Know: Analysts Just Made A Substantial Cut To Their Affimed N.V. (NASDAQ:AFMD) Estimates

Apr 20

Announcing: Affimed (NASDAQ:AFMD) Stock Increased An Energizing 177% In The Last Three Years

Feb 15

Affimed and Roche collaborate to study AFM24 in solid tumors

Feb 03

Affimed N.V. initiates equity offering

Jan 12

Affimed inks €25M debt financing deal with Silicon Valley Bank

Jan 11

Affimed updates on product pipeline and cash balances

Jan 07

Affimed (NASDAQ:AFMD) Has Debt But No Earnings; Should You Worry?

Dec 25

What Did Affimed's (NASDAQ:AFMD) CEO Take Home Last Year?

Dec 04

CEO Compensation Analysis

How has Andreas Harstrick's remuneration changed compared to Affimed's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€1m	€388k	-€106m
Sep 30 2023	n/a	n/a	-€119m
Jun 30 2023	n/a	n/a	-€111m
Mar 31 2023	n/a	n/a	-€101m
Dec 31 2022	€1m	€374k	-€86m
Sep 30 2022	n/a	n/a	-€76m
Jun 30 2022	n/a	n/a	-€76m
Mar 31 2022	n/a	n/a	-€76m
Dec 31 2021	€1m	€368k	-€58m
Sep 30 2021	n/a	n/a	-€49m
Jun 30 2021	n/a	n/a	-€38m
Mar 31 2021	n/a	n/a	-€32m
Dec 31 2020	€567k	€256k	-€41m

Compensation vs Market: Andreas's total compensation ($USD1.23M) is above average for companies of similar size in the US market ($USD674.55K).

Compensation vs Earnings: Andreas's compensation has been consistent with company performance over the past year.

CEO

Andreas Harstrick (62 yo)

less than a year

Tenure

€1,140,000

Compensation

Dr. Andreas Harstrick M.D., has been Chief Medical Officer of Affimed N.V. since March 1, 2020 and serves as its Member of Management Board and serves as its Interim Chief Executive Officer since January 1...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andreas Harstrick	Interim CEO	less than a year	€1.14m	0.50% € 403.0k
Wolfgang Fischer	MD, COO & Member of Management Board	6.7yrs	€1.26m	0.96% € 771.3k
Denise Mueller	Chief Business Officer & Member of Management Board	2.9yrs	€1.17m	0.59% € 476.3k
Melvyn Little	Founder & Consultant	24.3yrs	no data	no data
Michael Wolf	Head of Finance & Administration	9.3yrs	no data	no data
Alexander Fudukidis	Head of Investor Relations & Director of Investor Relations	no data	no data	no data
Mary Sandin	Vice President of Marketing & Communications	no data	no data	no data

6.7yrs

Average Tenure

57.5yo

Average Age

Experienced Management: AFMD's management team is seasoned and experienced (6.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ulrich Grau	Independent Member of Supervisory Board	8.8yrs	€85.00k	0.13% € 106.0k
Miroslav Ravic	Member of Scientific Advisory Board	no data	no data	no data
Thomas Hecht	Independent Chairman of Supervisory Board	17.3yrs	€162.00k	0.25% € 204.2k
Uta Kemmerich-Keil	Independent Member of Supervisory Board	2.9yrs	€139.00k	0.072% € 58.3k
Susanne Becker	Member of Scientific Advisory Board	no data	no data	no data
Andreas Engert	Member of Scientific Advisory Board	no data	no data	no data
Max Topp	Member of Scientific Advisory Board	no data	no data	no data
Christian Hucke	Member of Scientific Advisory Board	no data	no data	no data
Anton Hagenbeek	Member of Scientific Advisory Board	no data	no data	no data
Franck Morschhauser	Member of Scientific Advisory Board	no data	no data	no data
Ulrike Köhl	Member of Scientific Advisory Board	no data	no data	no data
Stephen Ansell	Member of Scientific Advisory Board	8.9yrs	no data	no data

8.9yrs

Average Tenure

73yo

Average Age

Experienced Board: AFMD's board of directors are considered experienced (8.9 years average tenure).

Affimed Management

Management criteria checks 3/4

Key information

Recent management updates

Affimed N.V. Announces CEO Changes

Affimed N.V. Announces Executive Changes

Affimed Announces Addition of Constanze Ulmer-Eilfort to Its Supervisory Board

Affimed N.V., Annual General Meeting, Jun 21, 2023

Affimed N.V. Establishes Scientific Advisory Board

We Discuss Why Affimed N.V.'s (NASDAQ:AFMD) CEO May Deserve A Higher Pay Packet

Recent updates

Affimed N.V. to Report Fiscal Year 2023 Results on Mar 28, 2024

Affimed N.V. Provides Clinical Response Update on AFM24-102 Trial in EGFR-Wildtype Non-Small Cell Lung Cancer

Affimed N.V. Announces CEO Changes

Affimed Announces Updated Phase 1/2 Data from Acimtamig in Combination with Allogeneic Nk in Hodgkin Lymphoma Patients Who Failed Prior Chemotherapy and Are Double-Refractory to Brentuximab Vedotin (Bv) and Checkpoint Inhibitors (Cpis)

Affimed N.V. Announces Executive Changes

Affimed N.V. to Report Q3, 2023 Results on Nov 14, 2023

Affimed N.V. Presents Preclinical Data Showing That Addition of an Innate Cell Engager to Nk and Car-Nk Cells

Affimed N.V. Announces Oral Presentation of Phase 1/2 Data from AFM13 in Combination with Allogeneic NK Cells at the 2023 ASH Annual Meeting

Affimed Announces Listing Transfer to Nasdaq Capital Markets

Affimed Receives FDA Fast Track Designation for AFM13 in Combination with AlloNK(R) for the Treatment of Patients with Relapsed or Refractory Hodgkin Lymphoma

Affimed N.V. Announces Publication in the Journal mAbs on Leveraging FcRn-pH-HPLC as a Method to Select Bispecific Antibodies with Optimal Developability

The Affimed N.V. (NASDAQ:AFMD) Analysts Have Been Trimming Their Sales Forecasts

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates fall by 14%

Affimed N.V. to Report Q2, 2023 Results on Aug 10, 2023

Affimed N.V.(NasdaqGM:AFMD) dropped from Russell 2000 Dynamic Index

New minor risk - Market cap size

Affimed Announces Addition of Constanze Ulmer-Eilfort to Its Supervisory Board

Consensus revenue estimates decrease by 22%

Affimed Announces IND Clearance for a Phase 2 Clinical Trial Investigating AFM13 and AB-101 Combination Therapy

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Affimed N.V., Annual General Meeting, Jun 21, 2023

Affimed N.V. to Report Q1, 2023 Results on May 23, 2023

Affimed N.V. Announces Abstracts at Annual Meeting of European Hematology Association

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Affimed N.V. Provides Regulatory Update for AFM13

Affimed N.V. Announces Approval of Clinical Trial Application in France for a Phase 1 Study of AFM28 in Relapsed/Refractory Acute Myeloid Leukemia

Affimed N.V. Provides Updated Clinical Data from Phase 1/2 Study of AFM13 Precomplexed with Cord Blood-Derived NK Cells

Consensus revenue estimates increase by 28%

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Affimed N.V. to Report Q3, 2022 Results on Nov 15, 2022

Affimed N.V. Announces Presentation of Phase 1/2 Data from Afm13 in Combination with Allogeneic NK Cells and Preclinical Afm28 Data At Ash 2022 Annual Meeting

Affimed downgraded to hold at Stifel as pipeline lacks development clarity

Health Check: How Prudently Does Affimed (NASDAQ:AFMD) Use Debt?

Now 26% undervalued after recent price drop

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Affimed Q2 2022 Earnings Preview

Affimed N.V. to Report Q2, 2022 Results on Aug 11, 2022

Affimed N.V. Establishes Scientific Advisory Board

Affimed: Preparing For Key Inflection Points

Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Affimed Presents Preclinical Data of Novel Innate Cell Engager AFM28 at the Annual Meeting of the European Hematology Association (EHA)

Consensus forecasts updated

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Affimed N.V. Announces Highlights Trial Designs of Three AFM24 Ongoing Clinical Studies At the Annual Meeting of the American Society of Clinical Oncology

Affimed N.V. to Report Q1, 2022 Results on Jun 01, 2022

Affimed N.V. Presents Data on Innate Cell Engagers Afm24 and Afm28 at 19th Meeting of the Society for Natural Immunity

Affimed N.V. Announces Data from the Dose Escalation Phase of the Phase 1/2A Study with the company’s Innate Cell Engager

Affimed Presents Updated Clinical Data from Phase 1/2 Study of AFM13 Precomplexed with Cord Blood-Derived NK Cells at AACR Annual Meeting

Affimed N.V. Presents Findings from the Dose-Escalation Phase of the First-In-Human Study of AFM24 in Patients with EGFR-Positive Solid Tumors

Affimed Stock: 3 Points For The Bulls

Consensus revenue estimates fall by 23%

Affimed N.V. (NASDAQ:AFMD) Analysts Just Cut Their EPS Forecasts Substantially

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Affimed N.V. Announces Publication of Preclinical Data Demonstrating Cytotoxic Potency and Efficacy of NK Cells Precomplexed with Innate Cell Engagers After Freezing & Thawing

Affimed N.V. Announces Completion of Enrollment in Redirect, the Registration-Directed Study of Afm13 in PTCL

Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Affimed N.V. to Discuss Treatment of Cd30-Positive Lymphoma Patients with Cord Blood-Derived Natural Killer Cells Pre-Complexed with Innate Cell Engager AFM13

Affimed N.V. Initiates Patient Recruitment for A Phase 1/2A Trial of Innate Cell Engager Afm24 in Combination with Roche’S Anti-Pd-L1 Checkpoint Inhibitor Atezolizumab

Affimed Announces Interim Clinical Results from the Investigator-Initiated Phase 1-2 Study At the University of Texas MD Anderson Cancer Center

Third quarter 2021 earnings released: €0.14 loss per share (vs €0.069 loss in 3Q 2020)

Affimed: Preparing For A Bullish 2022

Second quarter 2021 earnings released: €0.16 loss per share (vs €0.15 loss in 2Q 2020)

Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Consensus EPS estimates increase to -€0.25

Affimed: Current Fall And Future Prospects

First quarter 2021 earnings released: EPS €0.012 (vs €0.11 loss in 1Q 2020)

We Discuss Why Affimed N.V.'s (NASDAQ:AFMD) CEO May Deserve A Higher Pay Packet