Larimar Therapeutics Management
Management criteria checks 3/4
Larimar Therapeutics' CEO is Carole Ben-Maimon, appointed in May 2020, has a tenure of 4.17 years. total yearly compensation is $3.14M, comprised of 17.8% salary and 82.2% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $1.07M. The average tenure of the management team and the board of directors is 4 years and 4 years respectively.
Key information
Carole Ben-Maimon
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 17.8% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Larimar Therapeutics: More Data Still Needed
Jul 15Larimar: Stronger Buy Now More Than Ever After Partial Clinical Hold Completely Removed
May 31We're Hopeful That Larimar Therapeutics (NASDAQ:LRMR) Will Use Its Cash Wisely
Nov 13
Here's Why We're Not Too Worried About Larimar Therapeutics' (NASDAQ:LRMR) Cash Burn Situation
May 19Companies Like Larimar Therapeutics (NASDAQ:LRMR) Are In A Position To Invest In Growth
Feb 02Laramar Therapeutics issued patent for lead pipeline candidate
Oct 20Larimar Therapeutics prices ~$70M stock offering
Sep 14Is Larimar Therapeutics (NASDAQ:LRMR) In A Good Position To Deliver On Growth Plans?
Sep 02Larimar Therapeutics GAAP EPS of -$0.47
Aug 11We Think Larimar Therapeutics (NASDAQ:LRMR) Needs To Drive Business Growth Carefully
Mar 21Is Larimar Therapeutics (NASDAQ:LRMR) In A Good Position To Invest In Growth?
Dec 18Larimar under pressure as FDA puts clinical hold on CTI-1601 program
May 26Companies Like Larimar Therapeutics (NASDAQ:LRMR) Are In A Position To Invest In Growth
Feb 08
Larimar, Avadel, Applied Therapeutics will added to Nasdaq Biotechnology Index
Dec 15Larimar completes dosing in Friedreich’s Ataxia, provides program update
Dec 08Larimar Therapeutics (LRMR) Investor Presentation - Slideshow
Nov 16Larimar Therapeutics reports Q3 results
Nov 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$45m |
| Dec 31 2023 | US$3m | US$560k | -US$37m |
| Sep 30 2023 | n/a | n/a | -US$33m |
| Jun 30 2023 | n/a | n/a | -US$33m |
| Mar 31 2023 | n/a | n/a | -US$33m |
| Dec 31 2022 | US$2m | US$528k | -US$35m |
| Sep 30 2022 | n/a | n/a | -US$35m |
| Jun 30 2022 | n/a | n/a | -US$44m |
| Mar 31 2022 | n/a | n/a | -US$47m |
| Dec 31 2021 | US$2m | US$510k | -US$51m |
| Sep 30 2021 | n/a | n/a | -US$56m |
| Jun 30 2021 | n/a | n/a | -US$49m |
| Mar 31 2021 | n/a | n/a | -US$48m |
| Dec 31 2020 | US$5m | US$268k | -US$42m |
Compensation vs Market: Carole's total compensation ($USD3.14M) is about average for companies of similar size in the US market ($USD3.23M).
Compensation vs Earnings: Carole's compensation has increased whilst the company is unprofitable.
CEO
Carole Ben-Maimon (65 yo)
4.2yrs
Tenure
US$3,137,432
Compensation
Dr. Carole S. Ben-Maimon, M.D., is President, Chief Executive Officer and Director at Larimar Therapeutics, Inc. since May 28, 2020. She was Chief Executive Officer, President and Director at Chondrial The...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.2yrs | US$3.14m | 0.18% $ 1.1m | |
| Secretary & CFO | 4.2yrs | US$1.42m | 0.087% $ 525.4k | |
| Chief Development Officer | 1.4yrs | US$1.43m | 0.0078% $ 47.1k | |
| Vice President of Finance & Administration | less than a year | no data | no data | |
| Vice President of Legal & Compliance | 7.6yrs | no data | no data | |
| Chief Medical Officer | less than a year | no data | no data | |
| VP & Controller | 4yrs | no data | no data |
4.0yrs
Average Tenure
64yo
Average Age
Experienced Management: LRMR's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.2yrs | US$3.14m | 0.18% $ 1.1m | |
| Independent Director | 4.2yrs | US$79.96k | no data | |
| Independent Director | less than a year | US$56.43k | 0% $ 0 | |
| Independent Director | 10.1yrs | US$86.21k | 0.0031% $ 18.8k | |
| Independent Director | 4.2yrs | US$77.77k | 0.89% $ 5.3m | |
| Independent Chairman of the Board | 4.2yrs | US$114.96k | 0.0043% $ 25.9k | |
| Member of Scientific Advisory Board | 3.8yrs | no data | no data | |
| Member of Scientific Advisory Board | 3.8yrs | no data | no data | |
| Member of Scientific Advisory Board | 3.8yrs | no data | no data | |
| Member of Scientific Advisory Board | 1.8yrs | no data | no data |
4.0yrs
Average Tenure
57.5yo
Average Age
Experienced Board: LRMR's board of directors are considered experienced (4 years average tenure).