Apogee Therapeutics, Inc.

NasdaqGM:APGE Stock Report

Market Cap: US$2.7b

Apogee Therapeutics Management

Management criteria checks 0/4

Apogee Therapeutics' CEO is Michael Henderson, appointed in Sep 2022, has a tenure of 2.25 years. total yearly compensation is $8.67M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 1.33% of the company’s shares, worth $35.73M. The average tenure of the management team and the board of directors is 1.9 years and 1.5 years respectively.

Key information

Michael Henderson

Chief executive officer

US$8.7m

Total compensation

CEO salary percentage6.5%
CEO tenure2.3yrs
CEO ownership1.3%
Management average tenure1.9yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

We're Not Very Worried About Apogee Therapeutics' (NASDAQ:APGE) Cash Burn Rate

Nov 14
We're Not Very Worried About Apogee Therapeutics' (NASDAQ:APGE) Cash Burn Rate

Apogee Therapeutics Earnings Preview: APG777's Potential In Atopic Dermatitis

Nov 10

We're Not Very Worried About Apogee Therapeutics' (NASDAQ:APGE) Cash Burn Rate

Jun 20
We're Not Very Worried About Apogee Therapeutics' (NASDAQ:APGE) Cash Burn Rate

Apogee Therapeutics: Infrequent Dosing Advantage In Biotech Play

Jun 18

We're Interested To See How Apogee Therapeutics (NASDAQ:APGE) Uses Its Cash Hoard To Grow

Mar 05
We're Interested To See How Apogee Therapeutics (NASDAQ:APGE) Uses Its Cash Hoard To Grow

Apogee Therapeutics' Innovative Leap In Atopic Dermatitis Management

Mar 05

We're Not Worried About Apogee Therapeutics' (NASDAQ:APGE) Cash Burn

Nov 21
We're Not Worried About Apogee Therapeutics' (NASDAQ:APGE) Cash Burn

CEO Compensation Analysis

How has Michael Henderson's remuneration changed compared to Apogee Therapeutics's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$147m

Jun 30 2024n/an/a

-US$118m

Mar 31 2024n/an/a

-US$104m

Dec 31 2023US$9mUS$565k

-US$84m

Sep 30 2023n/an/a

-US$70m

Jun 30 2023n/an/a

-US$69m

Mar 31 2023n/an/a

-US$52m

Dec 31 2022US$6mUS$146k

-US$43m

Compensation vs Market: Michael's total compensation ($USD8.67M) is above average for companies of similar size in the US market ($USD6.65M).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


CEO

Michael Henderson (35 yo)

2.3yrs

Tenure

US$8,671,208

Compensation

Dr. Michael Thomas Henderson, M.D. serves as Chief Executive Officer at Apogee Therapeutics, Inc. since September 2022 and Director since June 2023. He had been Chief Business Officer of BridgeBio Pharma,...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Henderson
CEO & Director2.3yrsUS$8.67m1.33%
$ 35.7m
Jane Pritchett Henderson
Chief Financial Officer1.9yrsUS$5.02m0.35%
$ 9.5m
Carl Dambkowski
Chief Medical Officer2.3yrsUS$4.17m0.19%
$ 5.2m
Noel Kurdi
Vice President of Investor Relations1.4yrsno datano data
Matthew Batters
Chief Legal Officer & Corporate Secretary1.3yrsno datano data
Emily Cox
VP & Head of People2.1yrsno datano data
Rebecca Dabora
Chief Development Officerless than a yearno datano data
Wendy Aspden-Curran
Senior Vice President of Clinical Operations1.9yrsno datano data
Drew Badger
Senior VP and Head of Regulatory Affairs & Toxicology2.2yrsno datano data
Monica Forbes
Senior Vice President of Finance1.6yrsno datano data
Mehrak Kiankarimi
Senior Vice President of Program & Portfoliono datano datano data
Dan Mulreany
Senior Vice President of Business Development & Strategyno datano datano data

1.9yrs

Average Tenure

48yo

Average Age

Experienced Management: APGE's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Henderson
CEO & Director1.5yrsUS$8.67m1.33%
$ 35.7m
Jennifer Fox
Independent Director1.5yrsUS$414.57kno data
William Jones
Independent Director1.5yrsUS$411.66kno data
Nimish Shah
Independent Director1.5yrsUS$664.82kno data
Tomas Kiselak
Independent Director1.5yrsUS$662.82k0.090%
$ 2.4m
Mark McKenna
Independent Chairman of the Board1.3yrsUS$972.87k0.035%
$ 946.5k
Andrew Gottesdiener
Independent Director1.5yrsUS$666.57kno data
Peter Harwin
Independent Director2.9yrsUS$668.57k0.090%
$ 2.4m
Lisa Bollinger
Directorless than a yearno datano data

1.5yrs

Average Tenure

41yo

Average Age

Experienced Board: APGE's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 04:36
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Apogee Therapeutics, Inc. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charlie YangBofA Global Research
Julian HarrisonBTIG
Edward NashCanaccord Genuity