Cartesian Therapeutics Management
Management criteria checks 1/4
Cartesian Therapeutics' CEO is Carsten Brunn, appointed in Dec 2018, has a tenure of 6.08 years. total yearly compensation is $6.11M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $600.37K. The average tenure of the management team and the board of directors is 1.2 years and 5.2 years respectively.
Key information
Carsten Brunn
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 10.1% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.2yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
Cartesian Therapeutics: Need To Wait For More Data For Its Novel mRNA Therapies
Jan 17Risks Still Elevated At These Prices As Cartesian Therapeutics, Inc. (NASDAQ:RNAC) Shares Dive 33%
Jan 05
Cartesian Therapeutics: Uncertainty Remains
Nov 10Cartesian Therapeutics Seems A 'Strong Buy' After Positive Phase 2 Results
Sep 17Cartesian: Further Value To Be Unlocked After Positive MG Treatment Data
Jul 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$282m |
| Jun 30 2024 | n/a | n/a | -US$267m |
| Mar 31 2024 | n/a | n/a | -US$288m |
| Dec 31 2023 | US$6m | US$618k | -US$257m |
Compensation vs Market: Carsten's total compensation ($USD6.11M) is above average for companies of similar size in the US market ($USD2.22M).
Compensation vs Earnings: Insufficient data to compare Carsten's compensation with company performance.
CEO
Carsten Brunn (53 yo)
6.1yrs
Tenure
US$6,111,883
Compensation
Dr. Carsten Brunn, Ph.D. serves as President, Chief Executive Officer & Director of Cartesian Therapeutics, Inc. since December 2018. He served as an Independent Director at Surface Oncology, Inc. since Ju...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | US$6.11m | 0.12% $ 600.4k | |
| Chief Financial Officer | 2.2yrs | US$2.49m | 0.047% $ 242.4k | |
| Chief Technology Officer | less than a year | US$398.28k | 0.031% $ 156.5k | |
| Chief Scientific Officer | 1.2yrs | US$296.85k | 0.10% $ 534.5k | |
| General Counsel & Secretary | no data | no data | no data | |
| Chief Medical Officer | 1.2yrs | no data | 0.010% $ 53.4k | |
| SVP & Head of Manufacturing | less than a year | no data | 0.041% $ 206.9k |
1.2yrs
Average Tenure
44.5yo
Average Age
Experienced Management: RNAC's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | US$6.11m | 0.12% $ 600.4k | |
| Independent Chairman of the Board | 5.2yrs | US$292.32k | 0.035% $ 180.1k | |
| Independent Director | 8.5yrs | US$212.93k | 0.069% $ 353.6k | |
| Independent Director | 7.6yrs | US$192.05k | 0.015% $ 75.8k | |
| Director | 8.6yrs | US$192.73k | 36.48% $ 186.3m | |
| Independent Director | 3.6yrs | US$188.58k | 0.0086% $ 43.9k | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | 1.2yrs | US$5.37k | 19.66% $ 100.4m | |
| Independent Director | 1.2yrs | US$5.71k | 1.01% $ 5.1m |
5.2yrs
Average Tenure
62yo
Average Age
Experienced Board: RNAC's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 06:59 |
| End of Day Share Price | 2025/01/22 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 * |
|---|---|---|---|
| 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
Cartesian Therapeutics, Inc. is covered by 9 analysts. 8 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 |
|---|---|
| Julian Harrison | BTIG |
| John Newman | Canaccord Genuity |
| Kristen Kluska | Cantor Fitzgerald & Co. |