PTC Therapeutics Management
Management criteria checks 2/4
PTC Therapeutics' CEO is Matt Klein, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is $8.94M, comprised of 8.4% salary and 91.6% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth $2.27M. The average tenure of the management team and the board of directors is 5.7 years and 9.4 years respectively.
Key information
Matt Klein
Chief executive officer
US$8.9m
Total compensation
| CEO salary percentage | 8.4% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.07% |
| Management average tenure | 5.7yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Recent updates
PTC Therapeutics, Inc. (NASDAQ:PTCT) Shares Fly 29% But Investors Aren't Buying For Growth
Oct 09
PTC Therapeutics: Positive HD Data Along With NDA Submission Brings Further Value
Sep 12Little Excitement Around PTC Therapeutics, Inc.'s (NASDAQ:PTCT) Revenues
Jun 28PTC Therapeutics: Riding The Regulatory Rollercoaster With Translarna
May 22Industry Analysts Just Upgraded Their PTC Therapeutics, Inc. (NASDAQ:PTCT) Revenue Forecasts By 11%
May 22PTC Therapeutics: Multiple Regulatory Submissions Along With Data Cuts
May 14PTC Therapeutics, Inc. (NASDAQ:PTCT) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Mar 03PTC Therapeutics: Already Generates Revenues, But Lots Of Outstanding Options
Feb 11An Intrinsic Calculation For PTC Therapeutics, Inc. (NASDAQ:PTCT) Suggests It's 49% Undervalued
Jun 23Benign Growth For PTC Therapeutics, Inc. (NASDAQ:PTCT) Underpins Its Share Price
May 18An Intrinsic Calculation For PTC Therapeutics, Inc. (NASDAQ:PTCT) Suggests It's 49% Undervalued
Mar 02PTC pauses enrollment in mid-stage study for Huntington's disease candidate in U.S.
Oct 19PTC Therapeutics betas topline expectations, strengthens commercial portfolio
Aug 05PTC Therapeutics gene therapy Upstaza wins approval in EU for ultra-rare neuromuscular disorder
Jul 20PTC Therapeutics: DMD Trial News Unlikely To Restore Flagging Share Price
Jun 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$453m |
| Jun 30 2024 | n/a | n/a | -US$480m |
| Mar 31 2024 | n/a | n/a | -US$579m |
| Dec 31 2023 | US$9m | US$747k | -US$627m |
| Sep 30 2023 | n/a | n/a | -US$642m |
| Jun 30 2023 | n/a | n/a | -US$618m |
| Mar 31 2023 | n/a | n/a | -US$571m |
| Dec 31 2022 | US$5m | US$598k | -US$559m |
Compensation vs Market: Matt's total compensation ($USD8.94M) is above average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
CEO
Matt Klein (52 yo)
1.7yrs
Tenure
US$8,937,025
Compensation
Dr. Matthew B. Klein, also known as Matt, M.D., MS, FACS, serves as Chief Executive Officer and Director of PTC Therapeutics, Inc. since March 24, 2023He served as an Independent Director at ClearPoint Neu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$8.94m | 0.068% $ 2.3m | |
| Co-Founder | 26.8yrs | US$5.66m | no data | |
| Co-Founder | 26.8yrs | US$511.98k | 0.016% $ 533.8k | |
| Chief Financial Officer | 1.3yrs | US$3.01m | 0.015% $ 515.8k | |
| Executive VP & Chief Legal Officer | 12.7yrs | US$2.19m | 0.063% $ 2.1m | |
| Chief Business Officer | 9.6yrs | US$2.41m | 0.026% $ 852.9k | |
| Executive VP & Chief Medical Officer | 4.5yrs | US$2.39m | 0.019% $ 642.8k | |
| Senior VP | 5.4yrs | US$1.70m | 0.022% $ 737.2k | |
| Chief Technical Operations Officer | 5.9yrs | US$2.67m | 0.054% $ 1.8m | |
| Senior VP & Chief Information Officer | less than a year | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data |
5.7yrs
Average Tenure
57yo
Average Age
Experienced Management: PTCT's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$8.94m | 0.068% $ 2.3m | |
| Co-Founder | 1.7yrs | US$5.66m | no data | |
| Co-Founder | 26.8yrs | US$511.98k | 0.016% $ 533.8k | |
| Independent Chairman of the Board | 23.3yrs | US$816.96k | 1.95% $ 64.9m | |
| Independent Director | 18.9yrs | US$438.98k | 0.014% $ 453.8k | |
| Member of the Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 5.9yrs | US$441.98k | 0.0093% $ 311.4k | |
| Member of Scientific Advisory Board | 21yrs | no data | no data | |
| Independent Director | 9.4yrs | US$426.98k | 0.014% $ 453.8k | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 5.9yrs | US$421.98k | 0.0076% $ 253.7k |
9.4yrs
Average Tenure
64yo
Average Age
Experienced Board: PTCT's board of directors are considered experienced (9.4 years average tenure).