Rapid Micro Biosystems, Inc.

NasdaqGS:RPID Stock Report

Market Cap: US$41.6m

Rapid Micro Biosystems Management

Management criteria checks 2/4

Rapid Micro Biosystems' CEO is Rob Spignesi, appointed in Oct 2014, has a tenure of 9.42 years. total yearly compensation is $2.22M, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth $245.36K. The average tenure of the management team and the board of directors is 3.3 years and 5.7 years respectively.

Key information

Rob Spignesi

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage26.7%
CEO tenure9.4yrs
CEO ownership0.6%
Management average tenure3.3yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

Rapid Micro to introduce RMBNucleus software for mold detection in pharma manufacturing

Oct 10

Companies Like Rapid Micro Biosystems (NASDAQ:RPID) Are In A Position To Invest In Growth

May 09
Companies Like Rapid Micro Biosystems (NASDAQ:RPID) Are In A Position To Invest In Growth

Earnings Release: Here's Why Analysts Cut Their Rapid Micro Biosystems, Inc. (NASDAQ:RPID) Price Target To US$17.67

Mar 08
Earnings Release: Here's Why Analysts Cut Their Rapid Micro Biosystems, Inc. (NASDAQ:RPID) Price Target To US$17.67

We're Not Very Worried About Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate

Feb 07
We're Not Very Worried About Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate

CEO Compensation Analysis

How has Rob Spignesi's remuneration changed compared to Rapid Micro Biosystems's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$52m

Sep 30 2023n/an/a

-US$58m

Jun 30 2023n/an/a

-US$61m

Mar 31 2023n/an/a

-US$60m

Dec 31 2022US$2mUS$593k

-US$61m

Sep 30 2022n/an/a

-US$59m

Jun 30 2022n/an/a

-US$68m

Mar 31 2022n/an/a

-US$69m

Dec 31 2021US$1mUS$507k

-US$78m

Sep 30 2021n/an/a

-US$77m

Jun 30 2021n/an/a

-US$63m

Mar 31 2021n/an/a

-US$60m

Dec 31 2020US$1mUS$445k

-US$45m

Compensation vs Market: Rob's total compensation ($USD2.22M) is above average for companies of similar size in the US market ($USD662.89K).

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


CEO

Rob Spignesi (53 yo)

9.4yrs

Tenure

US$2,223,984

Compensation

Mr. Robert G. Spignesi Jr., also known as Rob, has been Chief Executive Officer, President and Director of Rapid Micro Biosystems, Inc. since October 2014. Mr. Spignesi is employed at SGG Partners, LLC. He...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Spignesi
CEO, President & Director9.4yrsUS$2.22m0.59%
$ 245.4k
Sean Wirtjes
Chief Financial Officer5.5yrsUS$1.10m0.49%
$ 204.5k
John J. Wilson
Chief Operating Officer3.2yrsUS$1.41m0.15%
$ 60.9k
Michael Beaulieu
Vice President of Investor Relations & Corporate Communicationsno datano datano data
Michael Wysocki
Senior Vice President of Sales & Marketingless than a yearno datano data
Victoria Vezina
Chief Human Resources Officer3.5yrsUS$458.83k0.087%
$ 36.1k
Kristine Williams
Senior Vice President of Research & Development and Product Managementless than a yearno datano data

3.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: RPID's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Spignesi
CEO, President & Director9.4yrsUS$2.22m0.59%
$ 245.4k
Natale Ricciardi
Independent Director8yrsUS$102.16k0%
$ 0
Richard Kollender
Independent Director5.4yrsUS$105.16k0.041%
$ 17.1k
Kirk Malloy
Chairman of Boardless than a yearno datano data
David Hirsch
Independent Director10.8yrsUS$79.16k0%
$ 0
Jeffrey Schwartz
Independent Director5.9yrsUS$127.66k0%
$ 0
Melinda Litherland
Independent Director2.8yrsUS$97.66k0%
$ 0
Inese Lowenstein
Independent Director2.3yrsUS$80.25k0.024%
$ 9.8k

5.7yrs

Average Tenure

53.5yo

Average Age

Experienced Board: RPID's board of directors are considered experienced (5.7 years average tenure).


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