Mineralys Therapeutics, Inc.

NasdaqGS:MLYS Stock Report

Market Cap: US$708.2m

Mineralys Therapeutics Management

Management criteria checks 0/4

Mineralys Therapeutics' CEO is Jon Congleton, appointed in Nov 2020, has a tenure of 3.5 years. total yearly compensation is $5.36M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 2.11% of the company’s shares, worth $14.97M. The average tenure of the management team and the board of directors is 1.3 years and 2.6 years respectively.

Key information

Jon Congleton

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage9.7%
CEO tenure3.5yrs
CEO ownership2.1%
Management average tenure1.3yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

Mineralys Therapeutics: A Story To Keep An Eye On

Mar 18

Mineralys: 2nd Half 2024 Hypertension Data Readout

Feb 09

We're Hopeful That Mineralys Therapeutics (NASDAQ:MLYS) Will Use Its Cash Wisely

Nov 12
We're Hopeful That Mineralys Therapeutics (NASDAQ:MLYS) Will Use Its Cash Wisely

We're Not Very Worried About Mineralys Therapeutics' (NASDAQ:MLYS) Cash Burn Rate

Jul 03
We're Not Very Worried About Mineralys Therapeutics' (NASDAQ:MLYS) Cash Burn Rate

CEO Compensation Analysis

How has Jon Congleton's remuneration changed compared to Mineralys Therapeutics's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-US$91m

Dec 31 2023US$5mUS$517k

-US$72m

Sep 30 2023n/an/a

-US$57m

Jun 30 2023n/an/a

-US$40m

Mar 31 2023n/an/a

-US$35m

Dec 31 2022US$2mUS$417k

-US$30m

Sep 30 2022n/an/a

-US$28m

Dec 31 2021US$675kUS$346k

-US$19m

Compensation vs Market: Jon's total compensation ($USD5.36M) is above average for companies of similar size in the US market ($USD3.38M).

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


CEO

Jon Congleton (60 yo)

3.5yrs

Tenure

US$5,355,257

Compensation

Mr. Jon Congleton serves as Chief Executive Officer and Director at Mineralys Therapeutics, Inc. since November 2020. He serves as an Operating Partner at Catalys Pacific. He was the Chief Executive Office...


Leadership Team

NamePositionTenureCompensationOwnership
Brian Slingsby
Founder & Executive Chairman5yrsUS$630.13kno data
Jon Congleton
CEO & Director3.5yrsUS$5.36m2.11%
$ 15.0m
Adam Levy
CFO & Secretary2.2yrsUS$2.19m0.71%
$ 5.0m
David Rodman
Chief Medical Officer3.3yrsUS$2.35m0.13%
$ 956.0k
Cindy Berejikian
Executive Vice President of Operations1.3yrsno datano data
Sarah Foster
Vice President of Human Resourcesless than a yearno datano data
Robert McKean
Senior Vice President of CMCno datano datano data
Danielle Bradbury
Senior Vice President of Quality Assuranceno datano datano data
Jeffrey Fellows
Senior Vice President of Regulatory Affairsno datano datano data
Jessica Ibbitson
Senior Vice President of Clinical Operations1.3yrsno datano data
Minji Kim
Chief Business Officerless than a yearno datano data
Stephen Djedjos
Senior Vice President of Clinical Developmentless than a yearno datano data

1.3yrs

Average Tenure

53yo

Average Age

Experienced Management: MLYS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Brian Slingsby
Founder & Executive Chairman5yrsUS$630.13kno data
Jon Congleton
CEO & Director3.5yrsUS$5.36m2.11%
$ 15.0m
Olivier Litzka
Independent Director2yrsUS$601.97k0%
$ 0
Glenn Sblendorio
Independent Directorless than a yearUS$427.02k0%
$ 0
Srinivas Akkaraju
Independent Director3.3yrsUS$607.30k0%
$ 0
Joseph Loscalzo
Member of Clinical Advisory Boardno datano datano data
Alexander Asam
Independent Director3.3yrsUS$560.79kno data
Daphne Karydas
Independent Directorless than a yearUS$428.52k0%
$ 0
Matthew Weir
Member of Clinical Advisory Boardno datano datano data
Derek DiRocco
Independent Director2yrsUS$611.91k0%
$ 0
James Luther
Member of Clinical Advisory Boardno datano datano data

2.6yrs

Average Tenure

55yo

Average Age

Experienced Board: MLYS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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