Pharvaris Management

Management criteria checks 3/4

Pharvaris' CEO is Berndt Axel Modig, appointed in Sep 2015, has a tenure of 9.33 years. total yearly compensation is €532.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.77% of the company’s shares, worth $27.88M. The average tenure of the management team and the board of directors is 2.9 years and 4 years respectively.

Key information

Berndt Axel Modig

Chief executive officer

€532.0k

Total compensation

CEO salary percentage100.0%
CEO tenure9.3yrs
CEO ownership2.8%
Management average tenure2.9yrs
Board average tenure4yrs

Recent management updates

Recent updates

Pharvaris: Despite 30% Decline, Still Fair At Best

Dec 29

Here's Why We're Not Too Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Situation

Dec 02
Here's Why We're Not Too Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Situation

We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Aug 16
We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Pharvaris: Digging Deep For Sufficient Market Size

Jan 17

We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Oct 09
We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Pharvaris (NASDAQ:PHVS) Is In A Good Position To Deliver On Growth Plans

May 13
Pharvaris (NASDAQ:PHVS) Is In A Good Position To Deliver On Growth Plans

Companies Like Pharvaris (NASDAQ:PHVS) Are In A Position To Invest In Growth

Jan 11
Companies Like Pharvaris (NASDAQ:PHVS) Are In A Position To Invest In Growth

We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Sep 26
We Think Pharvaris (NASDAQ:PHVS) Can Afford To Drive Business Growth

Pharvaris GAAP EPS of -€0.38

Sep 12

Pharvaris slips 19% after FDA clinical hold on hereditary angioedema candidate

Aug 22

We're Not Very Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Rate

Jun 08
We're Not Very Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Rate

Pharvaris (NASDAQ:PHVS) Is In A Good Position To Deliver On Growth Plans

Dec 21
Pharvaris (NASDAQ:PHVS) Is In A Good Position To Deliver On Growth Plans

We're Not Very Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Rate

Aug 25
We're Not Very Worried About Pharvaris' (NASDAQ:PHVS) Cash Burn Rate

Pharvaris reports Q1 results

May 26

CEO Compensation Analysis

How has Berndt Axel Modig's remuneration changed compared to Pharvaris's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-€132m

Jun 30 2024n/an/a

-€114m

Mar 31 2024n/an/a

-€106m

Dec 31 2023€532k€532k

-€101m

Sep 30 2023n/an/a

-€107m

Jun 30 2023n/an/a

-€92m

Mar 31 2023n/an/a

-€83m

Dec 31 2022€500k€500k

-€76m

Sep 30 2022n/an/a

-€49m

Jun 30 2022n/an/a

-€50m

Mar 31 2022n/an/a

-€53m

Dec 31 2021€414k€414k

-€43m

Sep 30 2021n/an/a

-€41m

Jun 30 2021n/an/a

-€38m

Mar 31 2021n/an/a

-€29m

Dec 31 2020€404k€404k

-€26m

Compensation vs Market: Berndt Axel's total compensation ($USD548.23K) is below average for companies of similar size in the US market ($USD3.21M).

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


CEO

Berndt Axel Modig (65 yo)

9.3yrs

Tenure

€532,000

Compensation

Mr. Berndt Axel Edvard Modig, MBA, CPA, serves as Chief Executive Officer since 2015 and Executive Director of Pharvaris B.V. Mr. Modig served as a Member of the Supervisory Board at Centogene N.V. since A...


Leadership Team

NamePositionTenureCompensationOwnership
Berndt Axel Modig
Co-Founder9.3yrs€532.00k2.77%
$ 27.9m
Anna Nijdam
Head of Strategic Finance & Principal Accounting Officerno datano data0.093%
$ 930.6k
Stefan Abele
Chief Technology Operations Officer1.2yrsno datano data
Annick Deschoolmeester
Chief Human Resources Officer2.3yrsno data0.033%
$ 330.6k
Peng Lu
Chief Medical Officer4.9yrsno data0.84%
$ 8.4m
Anne Lesage
Chief Early Development Officerno datano data0.92%
$ 9.3m
Wim Souverijns
Chief Commercial Officer3.5yrsno data0.20%
$ 2.0m
David Nassif
CFO & Corporate Secretaryless than a yearno datano data
Maryann Cimino
Director of Corporate Relationsno datano datano data

2.9yrs

Average Tenure

53.5yo

Average Age

Experienced Management: PHVS's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Berndt Axel Modig
Co-Founderno data€532.00k2.77%
$ 27.9m
Robert Glassman
Independent Non-Executive Director4yrs€50.50k0.061%
$ 618.0k
David Meeker
Independent Non-Executive Chair4yrs€94.00k0.22%
$ 2.3m
Hans J. G. C. Schikan
Independent Vice Chairman5.4yrs€61.00k0.93%
$ 9.4m
Elisabeth Bjork
Non-Executive Director3.1yrs€45.00k0.041%
$ 409.4k
Viviane Monges
Non-Executive Director3.5yrs€62.50k0.058%
$ 587.8k

4.0yrs

Average Tenure

64yo

Average Age

Experienced Board: PHVS's board of directors are considered experienced (4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 07:32
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pharvaris N.V. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tazeen AhmadBofA Global Research
Alexandru CogutBryan Garnier & Co
Jonathan WollebenJMP Securities