Seagen Management
Management criteria checks 2/4
Seagen's CEO is David Epstein, appointed in Nov 2022, has a tenure of 1.08 years. total yearly compensation is $58.59M, comprised of 0.3% salary and 99.7% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth $3.75M. The average tenure of the management team and the board of directors is 2.4 years and 9.9 years respectively.
Key information
David Epstein
Chief executive officer
US$58.6m
Total compensation
CEO salary percentage | 0.3% |
CEO tenure | 1.1yrs |
CEO ownership | 0.009% |
Management average tenure | 2.4yrs |
Board average tenure | 9.9yrs |
Recent management updates
Recent updates
Seagen Inc.'s (NASDAQ:SGEN) Popularity With Investors Is Under Threat From Overpricing
Dec 12A Look At The Fair Value Of Seagen Inc. (NASDAQ:SGEN)
Apr 17Here's Why We're Not At All Concerned With Seagen's (NASDAQ:SGEN) Cash Burn Situation
Mar 20An Intrinsic Calculation For Seagen Inc. (NASDAQ:SGEN) Suggests It's 47% Undervalued
Dec 09Here's Why We're Not At All Concerned With Seagen's (NASDAQ:SGEN) Cash Burn Situation
Oct 14Seagen: A Stellar Portfolio Anchor
Oct 04Seagen in licensing deal with Lava Therapeutics for cancer candidate
Sep 26Seagen ticks lower as management suggests it could look at acquisitions
Sep 14Merck's talks with Seagen said to hit obstacle over price - report
Aug 26Seagen falls as arbitrator rules in favor of Daiichi Sankyo
Aug 12CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2023 | n/a | n/a | -US$750m |
Jun 30 2023 | n/a | n/a | -US$725m |
Mar 31 2023 | n/a | n/a | -US$649m |
Dec 31 2022 | US$59m | US$190k | -US$610m |
Compensation vs Market: David's total compensation ($USD58.59M) is above average for companies of similar size in the US market ($USD12.10M).
Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.
CEO
David Epstein (61 yo)
1.1yrs
Tenure
US$58,588,196
Compensation
Mr. David R. Epstein, B.Sc., M.B.A., serves as Chief Executive Officer and Director at Seagen Inc. since November 9, 2022. He served as an Independent Director at Senti Biosciences, Inc. since June 09, 202...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 1.1yrs | US$58.59m | 0.0087% $ 3.8m | |
Chief Financial Officer | 18.2yrs | US$5.71m | 0.049% $ 21.3m | |
Chief Technical Officer | 7.3yrs | US$4.54m | 0.071% $ 30.7m | |
Chief Legal Officer & Corporate Secretary | 9.1yrs | US$5.95m | 0.026% $ 11.2m | |
Executive Vice President of Commercial U.S. | 3.7yrs | US$5.03m | 0.037% $ 15.8m | |
Chief Medical Officer and President of Research & Development | 1.1yrs | US$36.39m | 0.020% $ 8.8m | |
Senior VP of Global Information Technology & CIO | less than a year | no data | no data | |
Vice President of Corporate Communications | no data | no data | no data | |
Vice President of Marketing | 8.1yrs | no data | no data | |
Chief Human Resources Officer | less than a year | no data | no data | |
Chief Business Officer | 1.2yrs | no data | no data | |
Head of Early Stage Development & VP | no data | no data | no data |
2.4yrs
Average Tenure
61yo
Average Age
Experienced Management: SGEN's management team is considered experienced (2.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 1.1yrs | US$58.59m | 0.0087% $ 3.8m | |
Independent Director | 9.9yrs | US$468.53k | 0.015% $ 6.6m | |
Independent Director | 18.8yrs | US$483.53k | 0.026% $ 11.2m | |
Independent Director | 16.5yrs | US$468.53k | 0.0082% $ 3.5m | |
Independent Chair of the Board | 20.4yrs | US$528.53k | 0.022% $ 9.5m | |
Independent Director | 3.3yrs | US$471.03k | 0.0025% $ 1.1m | |
Independent Director | 11.8yrs | US$474.53k | 0.033% $ 14.4m | |
Independent Director | 5.8yrs | US$471.03k | 0.0069% $ 3.0m | |
Independent Director | 1.1yrs | US$214.73k | no data |
9.9yrs
Average Tenure
62yo
Average Age
Experienced Board: SGEN's board of directors are considered experienced (9.9 years average tenure).