Mind Medicine (MindMed) Inc.

NasdaqGS:MNMD Stock Report

Market Cap: US$684.2m

Mind Medicine (MindMed) Management

Management criteria checks 3/4

Mind Medicine (MindMed)'s CEO is Rob Barrow, appointed in Jun 2021, has a tenure of 2.92 years. total yearly compensation is $2.14M, comprised of 27.9% salary and 72.1% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth $1.76M. The average tenure of the management team and the board of directors is 2.1 years and 2.7 years respectively.

Key information

Rob Barrow

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage27.9%
CEO tenure2.9yrs
CEO ownership0.3%
Management average tenure2.1yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Mind Medicine: GAD Program Success Continues With BTD And Positive Treatment Data

Apr 04

Mind Medicine: Positive MM-120 Data Leads To Other 2024 Catalysts

Feb 02

Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

May 23
Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

We're Hopeful That Mind Medicine (MindMed) (NASDAQ:MNMD) Will Use Its Cash Wisely

Feb 07
We're Hopeful That Mind Medicine (MindMed) (NASDAQ:MNMD) Will Use Its Cash Wisely

MindMed: Not The Horse To Back If You're Looking To Buy Psychedelics

Oct 19

MindMed announces proposed public offering of common shares

Sep 27

MindMed doses first patient in phase 1 trial examining psychedelic MDMA-like substances

Sep 20

MindMed regains compliance with Nasdaq's minimum bid price listing requirement

Sep 14

MindMed: Confusing MEME Rally Hides A Company That Looks Empty Of Value

Sep 04

Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

Aug 26
Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

Magic mushrooms psychedelic compound can help with treatment of alcohol use disorder

Aug 24

MindMed soars 71% as it appears to be following in Bed Bath & Beyond's footsteps

Aug 18

Mind Medicine GAAP EPS of -$0.04 beats by $0.01

Aug 11

Mind Medicine announces 1-for-15 reverse stock split

Aug 04

MindMed: Another Psychedelic Medicine Play Trading At A Potential Discount

Jul 12

Mind Medicine: It's Best To Stay Far Away From This Risky Psychedelic Stock

Apr 20

MindMed: Falling Uncontrollably

Jan 27

CEO Compensation Analysis

How has Rob Barrow's remuneration changed compared to Mind Medicine (MindMed)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$2mUS$599k

-US$96m

Sep 30 2023n/an/a

-US$77m

Jun 30 2023n/an/a

-US$75m

Mar 31 2023n/an/a

-US$63m

Dec 31 2022US$5mUS$672k

-US$57m

Sep 30 2022n/an/a

-US$69m

Jun 30 2022n/an/a

-US$69m

Mar 31 2022n/an/a

-US$98m

Dec 31 2021US$12mUS$350k

-US$93m

Compensation vs Market: Rob's total compensation ($USD2.14M) is below average for companies of similar size in the US market ($USD3.42M).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.


CEO

Rob Barrow (34 yo)

2.9yrs

Tenure

US$2,143,133

Compensation

Mr. Robert Barrow, also known as Rob, serves as Chief Executive Officer at Mind Medicine (MindMed) Inc since June 9, 2021 and serves a its Director since December 13, 2021. He served as Chief Development O...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Barrow
CEO & Director2.9yrsUS$2.14m0.26%
$ 1.8m
Schond Greenway
Chief Financial Officer2yrsUS$1.14m0.045%
$ 306.4k
Daniel Karlin
Chief Medical Officer3.3yrsUS$1.04m0.098%
$ 670.3k
Miriam Wernli
Executive President3.8yrsUS$2.66m0.13%
$ 856.8k
Scott Freeman
Co-Founder & Clinical Advisorno dataUS$501.19kno data
Leonard Latchman
Co-founderno datano datano data
Carrie Liao
VP & Chief Accounting Officer1.5yrsno data0.048%
$ 327.9k
Mark Sullivan
Chief Legal Officer & Corporate Secretary1.1yrsno datano data
Francois Lilienthal
Chief Commercial Officer2.1yrsno datano data

2.1yrs

Average Tenure

52yo

Average Age

Experienced Management: MNMD's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Barrow
CEO & Director2.4yrsUS$2.14m0.26%
$ 1.8m
Carol Vallone
Independent Chairperson2.7yrsUS$196.20k0.018%
$ 124.9k
David Gryska
Independent Directorless than a yearUS$179.01kno data
Suzanne Bruhn
Independent Director1.8yrsUS$148.70k0.017%
$ 116.5k
Robert Malenka
Chair of Scientific Advisory Board3.2yrsno datano data
Robert Dworkin
Member of Scientific Advisory Board2.8yrsno datano data
Maurizio Fava
Member of Scientific Advisory Board2.9yrsno datano data
Andreas Krebs
Independent Vice Chairman2.7yrsUS$186.20k0.016%
$ 111.3k
Roger Crystal
Independent Director1.8yrsUS$148.70k0.017%
$ 116.5k
Peter Bergethon
Member of Scientific Advisory Board2.9yrsno datano data
Maria Oquendo
Member of Scientific Advisory Board2.5yrsno datano data

2.7yrs

Average Tenure

62.5yo

Average Age

Experienced Board: MNMD's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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