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Sesen Bio Management
Management criteria checks 3/4
Key information
Thomas Cannell
Chief executive officer
US$4.9m
Total compensation
| CEO salary percentage | 11.3% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.05% |
| Management average tenure | 3.6yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Sesen Bio and Carisma Therapeutics announce merger agreement
Sep 21Sesen Bio GAAP EPS of -$0.16 misses by $0.03
Aug 08Sesen Bio granted additional time period for regaining compliance
Jul 27Sesen Bio slips after decision to pause U.S. studies for lead asset
Jul 18Sesen Bio: Another Net-Net Biopharma Exploring Strategic Alternatives
Jun 02We Think Sesen Bio (NASDAQ:SESN) Needs To Drive Business Growth Carefully
Apr 17
We're Keeping An Eye On Sesen Bio's (NASDAQ:SESN) Cash Burn Rate
Dec 05Sesen Bio: Interesting Price Drop After CRL
Nov 24Sesen Bio: Hoping For An Easy Revalidation Of Vicineum By 2022
Nov 17Sesen Bio: The Road Ahead
Aug 23Earnings Update: Here's Why Analysts Just Lifted Their Sesen Bio, Inc. (NASDAQ:SESN) Price Target To US$7.00
Aug 12Sesen Bio: Binary Event Approaching
Jun 13Sesen Bio inks global supply partnership with Qilu Pharmaceutical
Jun 02Sesen Bio EPS misses by $0.27
May 10Sesen Bio: Long-Term And Short-Term Potential In Advance Of Its First PDUFA
May 07News Flash: 3 Analysts Think Sesen Bio, Inc. (NASDAQ:SESN) Earnings Are Under Threat
Feb 18Sesen announces positive FDA meeting for vicineum's marketing application
Feb 01Is Sesen Bio (NASDAQ:SESN) In A Good Position To Deliver On Growth Plans?
Jan 26Sesen Bio/Qilu Pharma's Vicineum IND application accepted for review in China
Jan 13Sesen Bio files US application for its Vicineum in bladder cancer
Dec 21Sesen Bio, Inc.'s (NASDAQ:SESN) Profit Outlook
Dec 21
Sesen Bio: A Look At Vicineum's Potential
Nov 29Sesen Bio, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | n/a | n/a | -US$20m |
| Sep 30 2022 | n/a | n/a | -US$3m |
| Jun 30 2022 | n/a | n/a | US$48m |
| Mar 31 2022 | n/a | n/a | US$54m |
| Dec 31 2021 | US$5m | US$558k | -US$336k |
| Sep 30 2021 | n/a | n/a | -US$24m |
| Jun 30 2021 | n/a | n/a | -US$118m |
| Mar 31 2021 | n/a | n/a | -US$119m |
| Dec 31 2020 | US$2m | US$533k | -US$23m |
| Sep 30 2020 | n/a | n/a | -US$41m |
| Jun 30 2020 | n/a | n/a | -US$32m |
| Mar 31 2020 | n/a | n/a | -US$60m |
| Dec 31 2019 | US$1m | US$520k | -US$107m |
| Sep 30 2019 | n/a | n/a | -US$81m |
| Jun 30 2019 | n/a | n/a | -US$82m |
| Mar 31 2019 | n/a | n/a | -US$36m |
| Dec 31 2018 | US$2m | US$198k | -US$34m |
Compensation vs Market: Thomas's total compensation ($USD4.92M) is about average for companies of similar size in the US market ($USD6.44M).
Compensation vs Earnings: Thomas's compensation has increased whilst the company is unprofitable.
CEO
Thomas Cannell (60 yo)
4.6yrs
Tenure
US$4,921,698
Compensation
Dr. Thomas R. Cannell, DVM, has been President, Chief Executive Officer and Director at Sesen Bio, Inc. since August 7, 2018. He served as Chief Operating Officer of Orexigen Therapeutics, Inc. since June...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | US$4.92m | 0.048% $ 1.2m | |
| CFO & Treasurer | 3.6yrs | US$1.87m | 0.036% $ 926.9k | |
| Chief Technology Officer | 6.1yrs | US$1.27m | 0.025% $ 645.2k | |
| Co-Founder | no data | no data | no data | |
| Corporate Controller & Principal Accounting Officer | 1.9yrs | no data | 0.050% $ 1.3m | |
| Vice President of Corporate Strategy & Investor Relations | no data | no data | no data | |
| General Counsel | 3.6yrs | US$1.15m | 0.022% $ 566.6k | |
| Vice President of Market Access | 1.8yrs | no data | no data | |
| Senior Vice President of Clinical Development | 5.8yrs | no data | no data | |
| Chief Medical Officer | 4.3yrs | US$709.28k | no data | |
| Senior Director of Finance | 1.9yrs | no data | no data | |
| Chief Development Officer | 1.2yrs | no data | no data |
3.6yrs
Average Tenure
53yo
Average Age
Experienced Management: SESN's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | US$4.92m | 0.048% $ 1.2m | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Independent Chairman of the Board | 8.2yrs | US$251.28k | 0% $ 0 | |
| Independent Director | 1.7yrs | US$469.77k | 0% $ 0 | |
| Independent Director | 3.1yrs | US$215.91k | 0% $ 0 | |
| Independent Director | 3.1yrs | US$219.01k | 0% $ 0 | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data | |
| Member of Medical Advisory Board | no data | no data | no data |
3.1yrs
Average Tenure
59.5yo
Average Age
Experienced Board: SESN's board of directors are considered experienced (3.1 years average tenure).