Quince Therapeutics Management
Management criteria checks 2/4
Quince Therapeutics' CEO is Dirk Thye, appointed in May 2022, has a tenure of 2.67 years. total yearly compensation is $1.33M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 1.92% of the company’s shares, worth $1.59M. The average tenure of the management team and the board of directors is 1.7 years and 5.8 years respectively.
Key information
Dirk Thye
Chief executive officer
US$1.3m
Total compensation
CEO salary percentage | 41.3% |
CEO tenure | 2.7yrs |
CEO ownership | 1.9% |
Management average tenure | 1.7yrs |
Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Quince Therapeutics: High-Potential Turnaround With Phase 3 Asset EryDex
Aug 20Here's Why We're Watching Quince Therapeutics' (NASDAQ:QNCX) Cash Burn Situation
Nov 21Cortexyme to change name and ticker symbol next month
Jul 27Cortexyme: A Biotech Worth A Look Based On Potential Alzheimer's Treatment
Mar 01Cortexyme: Drug Candidate COR588 May Offer Some Hope To Investors
Dec 15We're Keeping An Eye On Cortexyme's (NASDAQ:CRTX) Cash Burn Rate
Dec 15Cortexyme: A Challenging Path Forward
Nov 17Cortexyme: Positive Lessons To Be Learned From Disappointing Results
Nov 01Cortexyme And The Gingipain Hypothesis Of Alzheimer's Disease
Oct 11Cortexyme: Alzheimer's Readout In November A Binary Event
Sep 12We Think Cortexyme (NASDAQ:CRTX) Can Afford To Drive Business Growth
Aug 23CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -US$53m |
Jun 30 2024 | n/a | n/a | -US$53m |
Mar 31 2024 | n/a | n/a | -US$30m |
Dec 31 2023 | US$1m | US$550k | -US$31m |
Sep 30 2023 | n/a | n/a | -US$28m |
Jun 30 2023 | n/a | n/a | -US$31m |
Mar 31 2023 | n/a | n/a | -US$42m |
Dec 31 2022 | US$5m | US$317k | -US$52m |
Compensation vs Market: Dirk's total compensation ($USD1.33M) is above average for companies of similar size in the US market ($USD645.47K).
Compensation vs Earnings: Dirk's compensation has been consistent with company performance over the past year.
CEO
Dirk Thye (54 yo)
2.7yrs
Tenure
US$1,330,500
Compensation
Dr. Dirk Thye, M.D., served as Chief Executive Officer, President and Director at Novosteo Inc. He has been Director at Kainomyx, Inc. Dr. Thye serves as Chief Medical Officer of Quince Therapeutics, Inc....
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, Chief Medical Officer & Director | 2.7yrs | US$1.33m | 1.92% $ 1.6m | |
President | 1.3yrs | US$1.11m | 0.28% $ 230.2k | |
Chief Business Officer | 1.8yrs | US$847.50k | 0.67% $ 557.5k | |
Chief Technology Officer | 1.3yrs | no data | no data | |
Chief Scientific Officer | 1.3yrs | no data | 0.034% $ 28.2k | |
Vice President of Corporate Communications & Investor Relations | 4yrs | no data | no data | |
Vice President of Human Resources | 5yrs | no data | no data | |
Head of Discovery | 2.7yrs | no data | no data | |
Chief Commercial Officer | 1.3yrs | no data | no data | |
Head of Regulatory Affairs | 1.5yrs | no data | no data |
1.7yrs
Average Tenure
54yo
Average Age
Experienced Management: QNCX's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, Chief Medical Officer & Director | 2.7yrs | US$1.33m | 1.92% $ 1.6m | |
Lead Independent Director | 6yrs | US$98.56k | 0.0065% $ 5.4k | |
Member of Scientific Advisory Board | no data | US$44.84k | no data | |
Member of Clinical Advisory Board | 5.6yrs | no data | no data | |
Member of Clinical Advisory Board | no data | no data | no data | |
Independent Chairman of the board | 9.1yrs | US$106.06k | 9.96% $ 8.2m | |
Independent Director | 5.8yrs | US$87.56k | 0% $ 0 | |
Independent Director | 9.1yrs | US$82.06k | 0.018% $ 15.0k | |
Member of Clinical Advisory Board | no data | no data | no data | |
Member of Clinical Advisory Board | no data | no data | no data | |
Member of Clinical Advisory Board | no data | no data | no data | |
Chairman of Scientific Advisory Board | less than a year | no data | no data |
5.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: QNCX's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/10 21:29 |
End of Day Share Price | 2025/01/10 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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Analyst Sources
Quince Therapeutics, Inc. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Tazeen Ahmad | BofA Global Research |
Kumaraguru Raja | Brookline Capital Markets |
Sumant Satchidanand Kulkarni | Canaccord Genuity |