Aerovate Therapeutics, Inc.

NasdaqGM:AVTE Stock Report

Market Cap: US$587.4m

Aerovate Therapeutics Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Tim Noyes

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage19.1%
CEO tenure3yrs
CEO ownershipn/a
Management average tenure2.5yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Aerovate Therapeutics (NASDAQ:AVTE) Is In A Good Position To Deliver On Growth Plans

Feb 09
Aerovate Therapeutics (NASDAQ:AVTE) Is In A Good Position To Deliver On Growth Plans

We're Not Very Worried About Aerovate Therapeutics' (NASDAQ:AVTE) Cash Burn Rate

Oct 17
We're Not Very Worried About Aerovate Therapeutics' (NASDAQ:AVTE) Cash Burn Rate

Aerovate Therapeutics (NASDAQ:AVTE) Is In A Good Position To Deliver On Growth Plans

Jul 04
Aerovate Therapeutics (NASDAQ:AVTE) Is In A Good Position To Deliver On Growth Plans

Aerovate Therapeutics (NASDAQ:AVTE) Is In A Good Position To Deliver On Growth Plans

Feb 28
Aerovate Therapeutics (NASDAQ:AVTE) Is In A Good Position To Deliver On Growth Plans

A Look At The Fair Value Of Aerovate Therapeutics, Inc. (NASDAQ:AVTE)

Jan 06
A Look At The Fair Value Of Aerovate Therapeutics, Inc. (NASDAQ:AVTE)

Companies Like Aerovate Therapeutics (NASDAQ:AVTE) Are In A Position To Invest In Growth

Oct 14
Companies Like Aerovate Therapeutics (NASDAQ:AVTE) Are In A Position To Invest In Growth

Here's Why We're Not Too Worried About Aerovate Therapeutics' (NASDAQ:AVTE) Cash Burn Situation

Jul 01
Here's Why We're Not Too Worried About Aerovate Therapeutics' (NASDAQ:AVTE) Cash Burn Situation

We Think Aerovate Therapeutics (NASDAQ:AVTE) Can Afford To Drive Business Growth

Jan 22
We Think Aerovate Therapeutics (NASDAQ:AVTE) Can Afford To Drive Business Growth

Companies Like Aerovate Therapeutics (NASDAQ:AVTE) Are In A Position To Invest In Growth

Sep 30
Companies Like Aerovate Therapeutics (NASDAQ:AVTE) Are In A Position To Invest In Growth

CEO Compensation Analysis

How has Tim Noyes's remuneration changed compared to Aerovate Therapeutics's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$3mUS$586k

-US$76m

Sep 30 2023n/an/a

-US$70m

Jun 30 2023n/an/a

-US$64m

Mar 31 2023n/an/a

-US$57m

Dec 31 2022US$704kUS$563k

-US$52m

Sep 30 2022n/an/a

-US$45m

Jun 30 2022n/an/a

-US$37m

Mar 31 2022n/an/a

-US$31m

Dec 31 2021US$5mUS$437k

-US$23m

Compensation vs Market: Tim's total compensation ($USD3.07M) is about average for companies of similar size in the US market ($USD2.43M).

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


CEO

Tim Noyes (61 yo)

3yrs

Tenure

US$3,070,657

Compensation

Mr. Timothy P. Noyes, MBA, also known as Tim, has been the Chief Executive Officer of Aerovate Therapeutics, Inc. since May 2021 and has been its Director since April 2021. Mr. Noyes serves as Venture Part...


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Noyes
CEO & Director3yrsUS$3.07mno data
George Eldridge
CFO & Treasurer3.2yrsUS$2.13m0.0068%
$ 40.1k
Timothy Pigot
Chief Commercial Officer2.9yrsUS$2.45m0.011%
$ 66.4k
Benjamin Dake
Founder5.8yrsUS$2.88m0.0045%
$ 26.4k
Marinus Verwijs
Chief Technical Officerless than a yearUS$1.32mno data
Ralph Niven
Chief Scientific Officer1.8yrsUS$433.20k0.0056%
$ 32.9k
Hunter Gillies
Chief Medical Officer4yrsUS$1.63m0.011%
$ 66.4k
Donna Dea
Head of Regulatory Affairs3.7yrsno datano data
Susan Fischer
Executive Vice President of Development Operations2.1yrsno datano data
Stephen Yu
Senior Vice President of Quality1.8yrsno datano data
Sanjeev Khindri
Executive Vice President of Clinical Development1.3yrsno datano data
Cheryl Lassen
Senior Vice President of Clinical Development1.3yrsno datano data

2.5yrs

Average Tenure

57yo

Average Age

Experienced Management: AVTE's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Noyes
CEO & Director3.1yrsUS$3.07mno data
Maha Katabi
Independent Director3.8yrsUS$230.01k0%
$ 0
Christian Schade
Independent Directorless than a yearno datano data
Donald Santel
Independent Director1.3yrsUS$568.54k0%
$ 0
David Grayzel
Independent Director3.8yrsUS$225.99k0%
$ 0
Joshua Resnick
Independent Director3.8yrsUS$174.80k0%
$ 0
Mark Iwicki
Independent Director3.3yrsUS$218.30k0%
$ 0
Allison Dorval
Independent Director2.8yrsUS$185.80k0%
$ 0
Habib Dable
Independent Chairman of the Boardless than a yearUS$363.25k0%
$ 0

3.1yrs

Average Tenure

55yo

Average Age

Experienced Board: AVTE's board of directors are considered experienced (3.1 years average tenure).


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