Cellectar Biosciences, Inc.

NasdaqCM:CLRB Stock Report

Market Cap: US$57.7m

Cellectar Biosciences Management

Management criteria checks 2/4

Cellectar Biosciences' CEO is Jim Caruso, appointed in Jun 2015, has a tenure of 9.42 years. total yearly compensation is $1.97M, comprised of 30.5% salary and 69.5% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $79.24K. The average tenure of the management team and the board of directors is 2.8 years and 8.5 years respectively.

Key information

Jim Caruso

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage30.5%
CEO tenure9.4yrs
CEO ownership0.1%
Management average tenure2.8yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

We Think Cellectar Biosciences (NASDAQ:CLRB) Needs To Drive Business Growth Carefully

Aug 08
We Think Cellectar Biosciences (NASDAQ:CLRB) Needs To Drive Business Growth Carefully

Cellectar Biosciences: A Shoestring Opportunity You're About To Miss

Feb 12

Here's Why We're Watching Cellectar Biosciences' (NASDAQ:CLRB) Cash Burn Situation

Aug 23
Here's Why We're Watching Cellectar Biosciences' (NASDAQ:CLRB) Cash Burn Situation

Cellectar Biosciences GAAP EPS of -$1.22 misses by $0.19

Aug 05

Cellectar announces reverse stock split

Jul 21

We're Keeping An Eye On Cellectar Biosciences' (NASDAQ:CLRB) Cash Burn Rate

May 10
We're Keeping An Eye On Cellectar Biosciences' (NASDAQ:CLRB) Cash Burn Rate

Is Cellectar Biosciences (NASDAQ:CLRB) In A Good Position To Invest In Growth?

Jan 20
Is Cellectar Biosciences (NASDAQ:CLRB) In A Good Position To Invest In Growth?

Is Cellectar Biosciences (NASDAQ:CLRB) In A Good Position To Deliver On Growth Plans?

Oct 05
Is Cellectar Biosciences (NASDAQ:CLRB) In A Good Position To Deliver On Growth Plans?

Cellectar shares fall after mid-stage CLR 131 trial data fails to impress

Jun 04

We're Hopeful That Cellectar Biosciences (NASDAQ:CLRB) Will Use Its Cash Wisely

May 20
We're Hopeful That Cellectar Biosciences (NASDAQ:CLRB) Will Use Its Cash Wisely

Cellectar Biosciences EPS beats by $0.03

May 10

Cellectar gets notification of formal grant from Australian and Mexican patent authorities

Apr 27

Cellectar commences pivotal trial of CLR 131 in a rare form bone marrow cancer

Jan 12

Cellectar Bio readies stock offering

Dec 23

We're Keeping An Eye On Cellectar Biosciences' (NASDAQ:CLRB) Cash Burn Rate

Nov 30
We're Keeping An Eye On Cellectar Biosciences' (NASDAQ:CLRB) Cash Burn Rate

Cellectar Biosciences EPS beats by $0.05

Nov 09

Cellectar Bio's lead asset shows encouraging action in early-stage study of pediatric tumors

Nov 05

CEO Compensation Analysis

How has Jim Caruso's remuneration changed compared to Cellectar Biosciences's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$50m

Jun 30 2024n/an/a

-US$53m

Mar 31 2024n/an/a

-US$62m

Dec 31 2023US$2mUS$600k

-US$43m

Sep 30 2023n/an/a

-US$42m

Jun 30 2023n/an/a

-US$36m

Mar 31 2023n/an/a

-US$33m

Dec 31 2022US$1mUS$569k

-US$32m

Sep 30 2022n/an/a

-US$27m

Jun 30 2022n/an/a

-US$25m

Mar 31 2022n/an/a

-US$24m

Dec 31 2021US$2mUS$523k

-US$24m

Sep 30 2021n/an/a

-US$22m

Jun 30 2021n/an/a

-US$20m

Mar 31 2021n/an/a

-US$17m

Dec 31 2020US$1mUS$475k

-US$15m

Sep 30 2020n/an/a

-US$15m

Jun 30 2020n/an/a

-US$15m

Mar 31 2020n/an/a

-US$14m

Dec 31 2019US$934kUS$451k

-US$14m

Sep 30 2019n/an/a

-US$15m

Jun 30 2019n/an/a

-US$16m

Mar 31 2019n/an/a

-US$16m

Dec 31 2018US$770kUS$425k

-US$15m

Sep 30 2018n/an/a

-US$17m

Jun 30 2018n/an/a

-US$15m

Mar 31 2018n/an/a

-US$16m

Dec 31 2017US$994kUS$410k

-US$15m

Compensation vs Market: Jim's total compensation ($USD1.97M) is above average for companies of similar size in the US market ($USD652.28K).

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


CEO

Jim Caruso (65 yo)

9.4yrs

Tenure

US$1,965,140

Compensation

Mr. James V. Caruso, also known as Jim, is Member of Advisory Board & Director of Hip Innovation Technology, LLC. Mr. Caruso has been the Chief Executive Officer and President of Cellectar Biosciences, Inc...


Leadership Team

NamePositionTenureCompensationOwnership
James Caruso
President9.4yrsUS$1.97m0.14%
$ 79.2k
Chad Kolean
VP, CFO & Secretary2.8yrsUS$1.11m0.12%
$ 68.6k
Jarrod Longcor
Chief Operating Officer2.8yrsUS$1.36m0.15%
$ 85.6k
Darrell Lea
Chief Commercial Officer2yrsno data0.11%
$ 63.8k
Andrei Shustov
Senior Vice President of Medical1.8yrsno data0.15%
$ 88.6k

2.8yrs

Average Tenure

52yo

Average Age

Experienced Management: CLRB's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Caruso
President9.4yrsUS$1.97m0.14%
$ 79.2k
John Neis
Independent Director16.8yrsUS$93.25k0.017%
$ 10.1k
Frederick Driscoll
Independent Director7.6yrsUS$93.25k0.0054%
$ 3.1k
Stefan Loren
Independent Director9.4yrsUS$93.25k0%
$ 0
Douglas Swirsky
Independent Chairman of the Board7.6yrsUS$109.88k0.0070%
$ 4.0k
Asher Chanan-Khan
Independent Director3.4yrsUS$48.25k0%
$ 0

8.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: CLRB's board of directors are considered experienced (8.5 years average tenure).