Rocket Pharmaceuticals Management

Management criteria checks 2/4

Rocket Pharmaceuticals' CEO is Gaurav Shah, appointed in Jan 2018, has a tenure of 6.33 years. total yearly compensation is $8.01M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 1.25% of the company’s shares, worth $24.33M. The average tenure of the management team and the board of directors is 2.7 years and 6.3 years respectively.

Key information

Gaurav Shah

Chief executive officer

US$8.0m

Total compensation

CEO salary percentage	7.8%
CEO tenure	6.3yrs
CEO ownership	1.2%
Management average tenure	2.7yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

Rocket Pharmaceuticals: Cautiously Optimistic (Rating Upgrade)

Apr 05

Rocket Pharmaceuticals' Promising Path In Gene Therapy

Mar 01

Companies Like Rocket Pharmaceuticals (NASDAQ:RCKT) Are In A Position To Invest In Growth

Nov 07

Rocket Pharmaceuticals slides over 6% after hours on $100M stock offering

Oct 03

Rocket Pharmaceuticals: Updates To Thesis, Clinical Momentum Continues To Accelerate

Aug 25

We're Not Very Worried About Rocket Pharmaceuticals' (NASDAQ:RCKT) Cash Burn Rate

Jul 22

We're Hopeful That Rocket Pharmaceuticals (NASDAQ:RCKT) Will Use Its Cash Wisely

Nov 09

Rocket Pharmaceuticals Stock Forecast: Can It Rebound To $50 Levels? A Resounding Yes

Oct 01

Rocket earns Evercore nod after positive data for rare genetic disease

Dec 17

Rocket Pharma +33.6% after positive early data in Danon disease Phase 1 trial

Dec 09

CEO Compensation Analysis

How has Gaurav Shah's remuneration changed compared to Rocket Pharmaceuticals's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$249m
Dec 31 2023	US$8m	US$625k	-US$246m
Sep 30 2023	n/a	n/a	-US$253m
Jun 30 2023	n/a	n/a	-US$249m
Mar 31 2023	n/a	n/a	-US$237m
Dec 31 2022	US$7m	US$598k	-US$222m
Sep 30 2022	n/a	n/a	-US$199m
Jun 30 2022	n/a	n/a	-US$192m
Mar 31 2022	n/a	n/a	-US$172m
Dec 31 2021	US$8m	US$590k	-US$169m
Sep 30 2021	n/a	n/a	-US$186m
Jun 30 2021	n/a	n/a	-US$165m
Mar 31 2021	n/a	n/a	-US$155m
Dec 31 2020	US$7m	US$540k	-US$140m
Sep 30 2020	n/a	n/a	-US$99m
Jun 30 2020	n/a	n/a	-US$89m
Mar 31 2020	n/a	n/a	-US$82m
Dec 31 2019	US$4m	US$480k	-US$77m
Sep 30 2019	n/a	n/a	-US$85m
Jun 30 2019	n/a	n/a	-US$82m
Mar 31 2019	n/a	n/a	-US$79m
Dec 31 2018	US$6m	US$414k	-US$75m

Compensation vs Market: Gaurav's total compensation ($USD8.01M) is above average for companies of similar size in the US market ($USD5.66M).

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

CEO

Gaurav Shah (48 yo)

6.3yrs

Tenure

US$8,013,553

Compensation

Dr. Gaurav D. Shah, M.D., has been an Independent Director at Talaris Therapeutics, Inc. since December 2020. He serves as the Chief Executive Officer and Director of Rocket Pharmaceuticals, Ltd since Janu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gaurav Shah	CEO & Director	6.3yrs	US$8.01m	1.25% $ 24.3m
Kinnari Patel	Head of R&D	6.3yrs	US$4.85m	0.45% $ 8.7m
Mayo Pujols	Chief Technical Officer	1.8yrs	US$4.38m	0.062% $ 1.2m
Jonathan Schwartz	Chief Medical & Gene Therapy Officer	6.3yrs	US$3.16m	0.11% $ 2.1m
Aaron Ondrey	Chief Financial Officer	less than a year	no data	no data
Martin Wilson	General Counsel	2.5yrs	US$1.56m	0.072% $ 1.4m
Kevin Giordano	Director of Corporate Communications	no data	no data	no data
Isabel Carmona	Chief People Officer	2.7yrs	no data	no data
Gayatri Rao	Senior VP of Clinical Safety & Chief Regulatory Officer	4.1yrs	no data	no data
Raj Prabhakar	Chief Business Officer	no data	US$2.82m	0% $ 0
Carlos Martin	Chief Commercial Operations & Revenue Officer	less than a year	no data	no data

2.7yrs

Average Tenure

48yo

Average Age

Experienced Management: RCKT's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gaurav Shah	CEO & Director	6.3yrs	US$8.01m	1.25% $ 24.3m
David Southwell	Independent Director	9.8yrs	US$399.99k	0.13% $ 2.5m
Pedro Granadillo	Independent Director	6.3yrs	US$429.98k	0% $ 0
Carsten Boess	Independent Director	8.3yrs	US$427.49k	0% $ 0
Roderick Tze Wong	Chairman of the Board	6.3yrs	US$409.99k	0.059% $ 1.2m
Naveen Yalamanchi	Independent Director	6.3yrs	US$417.49k	0.13% $ 2.5m
Fady Malik	Independent Non-Executive Director	2.2yrs	US$399.99k	0% $ 0
Elisabeth Bjork	Independent Director	4.1yrs	US$409.99k	0% $ 0
Gotham Makker	Director	6.3yrs	US$399.99k	0.22% $ 4.3m
Robert Woods	Independent Non- Executive Director	less than a year	US$568.70k	no data

6.3yrs

Average Tenure

56yo

Average Age

Experienced Board: RCKT's board of directors are considered experienced (6.3 years average tenure).

Rocket Pharmaceuticals Management

Management criteria checks 2/4

Key information

Recent management updates

CEO & Director recently sold US$229k worth of stock

CEO & Director notifies of intention to sell stock

Rocket Pharmaceuticals, Inc., Annual General Meeting, Jun 13, 2024

Independent Director notifies of intention to sell stock

Insider recently sold US$309k worth of stock

Rocket Pharmaceuticals, Inc. Announces Executive Appointments

Recent updates

CEO & Director recently sold US$229k worth of stock

CEO & Director notifies of intention to sell stock

Consensus revenue estimates fall by 11%

Rocket Pharmaceuticals Presents Positive Data from Lv Hematology Portfolio At the 27Th Annual Meeting of the American Society of Gene and Cell Therapy (Asgct)

New minor risk - Profitability

Rocket Pharmaceuticals, Inc., Annual General Meeting, Jun 13, 2024

Independent Director notifies of intention to sell stock

Insider recently sold US$309k worth of stock

Rocket Pharmaceuticals: Cautiously Optimistic (Rating Upgrade)

Rocket Pharmaceuticals, Inc. Announces European Medicines Agency Acceptance of RP-L102 Marketing Authorization Application for the Treatment of Fanconi Anemia

Rocket Pharmaceuticals, Inc. Announces Executive Appointments

Consensus revenue estimates decrease by 57%, EPS upgraded

VP, Senior Controller notifies of intention to sell stock

Rocket Pharmaceuticals' Promising Path In Gene Therapy

No longer forecast to breakeven

New minor risk - Insider selling

CEO & Director recently sold US$605k worth of stock

CEO & Director notifies of intention to sell stock

Rocket Pharmaceuticals, Inc. Announces Update on Fda Review Timeline of Kresladi™ (Marnetegragene Autotemcel) for the Treatment of Severe Leukocyte Adhesion Deficiency-I (Lad-I)

New minor risk - Profitability

Forecast to breakeven in 2026

Rocket Pharmaceuticals, Inc. Appoints R. Keith Woods as Independent, Non-Executive Director

New major risk - Revenue and earnings growth

New minor risk - Profitability

Rocket Pharmaceuticals, Inc. Announces Fda Acceptance of Biologics License Application with Priority Review for Rp-L201 (Marnetegragene Autotemcel) for the Treatment of Severe Leukocyte Adhesion Deficiency-I (Lad-I)

Rocket Pharmaceuticals Receives European Medicines Agency (Ema) Priority Medicines (Prime) Designation for RP-A501 Gene Therapy for Danon Disease

CEO & Director recently sold US$88k worth of stock

Rocket Pharmaceuticals, Inc. Announces FDA Clearance of IND for Clinical Trial of RP-A601 for PKP2 Arrhythmogenic Cardiomyopathy (ACM)

Insufficient new directors

Insider notifies of intention to sell stock

Consensus revenue estimates fall by 95%

CEO & Director notifies of intention to sell stock

Insider recently sold US$68k worth of stock

Rocket Pharmaceuticals Receives FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for RP-A501 Gene Therapy for Danon Disease

Rocket Pharmaceuticals Expands Cardiac Gene Therapy Portfolio with Addition of RP-A601 for PKP2-ACM

Rocket Pharmaceuticals, Inc. Provides Update on Anticipated Registration Path for RP-A501 in Danon Disease Following End-Of-Phase 1 FDA Meeting

Rocket Pharmaceuticals, Inc. (NasdaqGM:RCKT) completed the acquisition of Renovacor, Inc. (NYSEAM:RCOR) from RTW Investments, LP, Chardan Investments 2, LLC and others,

Now 23% undervalued

Companies Like Rocket Pharmaceuticals (NASDAQ:RCKT) Are In A Position To Invest In Growth

Rocket Pharmaceuticals, Inc. Announces Presentations Highlighting Lentiviral Gene Therapies at the 29th Annual Congress of the European Society of Gene & Cell Therapy (ESGCT)

Rocket Pharmaceuticals slides over 6% after hours on $100M stock offering

Rocket Pharmaceuticals Announces Positive Updates from Phase 1 Clinical Trial for RP-A501 in Danon Disease at the Heart Failure Society of America (HFSA) Annual Scientific Meeting 2022

Rocket Pharmaceuticals, Inc. (NasdaqGM:RCKT) entered into a definitive agreement to acquire Renovacor, Inc. (NYSEAM:RCOR) from RTW Investments, LP and others for $46.7 million.

Rocket Pharmaceuticals, Inc. (NasdaqGM:RCKT) entered into a definitive agreement to acquire Renovacor, Inc. (NYSEAM:RCOR) from RTW Investments, LP and others for $46.7 million.

Rocket Pharmaceuticals: Updates To Thesis, Clinical Momentum Continues To Accelerate

Rocket Pharmaceuticals, Inc. Appoints Mayo Pujols as Chief Technical Officer and Executive Vice President

Price target decreased to US$53.18

We're Not Very Worried About Rocket Pharmaceuticals' (NASDAQ:RCKT) Cash Burn Rate

Rocket Pharmaceuticals an outperform at Raymond James on gene therapy programs

Rocket Pharma: Poised For Growth In The Rare Disease Space

Rocket Pharmaceuticals Presents Positive Top-Line Data from Severe Leukocyte Adhesion Deficiency-I Program At the 25Th Annual Meeting of the American Society of Gene and Cell Therapy (Asgct)

Rocket Pharmaceuticals, Inc. Presents Positive Clinical Data from Danon Disease, Fanconi Anemia and Pyruvate Kinase Deficiency Programs at the 25th Annual Meeting of the American Society of Gene and Cell Therapy (ASGCT)

Price target decreased to US$58.50

Rocket Pharmaceuticals, Inc., Annual General Meeting, Jun 13, 2022

Rocket Pharmaceuticals Appoints Fady Malik to Board of Directors

Rocket Pharmaceuticals Appoints Jessie Yeung as Vice President of Investor Relations and Corporate Finance

Price target decreased to US$63.56

Consensus forecasts updated

CEO & Director recently bought US$382k worth of stock

Rocket Pharmaceuticals: A Struggling Company With Long-Term Upside

Rocket Pharmaceuticals Presents Positive Clinical Data from Company’s Lentiviral Gene Therapies for Treatment of Fanconi Anemia, LAD-I and PKD at the 63rd American Society of Hematology (ASH) Annual Meeting

We're Hopeful That Rocket Pharmaceuticals (NASDAQ:RCKT) Will Use Its Cash Wisely

Rocket Pharmaceuticals Stock Forecast: Can It Rebound To $50 Levels? A Resounding Yes

Rocket Pharmaceuticals, Inc. Presents Positive Clinical Data from Fanconi Anemia, Leukocyte Adhesion Deficiency-I, and Pyruvate Kinase Deficiency Programs at 24Th Annual Meeting of the American Society of Gene and Cell Therapy

CEO, President & Director exercised options and sold US$3.2m worth of stock

COO, Executive VP & Head of Development exercised options to buy US$4.4m worth of stock.

Rocket Pharmaceuticals Receives FDA Regenerative Medicine Advanced Therapy Designation for RP-L201 Gene Therapy for Leukocyte Adhesion Deficiency-I

Insider exercised options to buy US$14m worth of stock.

New 90-day high: US$62.32