Spruce Biosciences Management
Management criteria checks 3/4
Spruce Biosciences' CEO is Javier Szwarcberg, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is $2.16M, comprised of 26.9% salary and 73.1% bonuses, including company stock and options. directly owns 1.13% of the company’s shares, worth $204.40K. The average tenure of the management team and the board of directors is 2.8 years and 4.8 years respectively.
Key information
Javier Szwarcberg
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 26.9% |
| CEO tenure | 2.9yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$39m |
| Jun 30 2024 | n/a | n/a | -US$43m |
| Mar 31 2024 | n/a | n/a | -US$47m |
| Dec 31 2023 | US$2m | US$580k | -US$48m |
| Sep 30 2023 | n/a | n/a | -US$49m |
| Jun 30 2023 | n/a | n/a | -US$48m |
| Mar 31 2023 | n/a | n/a | -US$47m |
| Dec 31 2022 | US$4m | US$540k | -US$46m |
Compensation vs Market: Javier's total compensation ($USD2.16M) is above average for companies of similar size in the US market ($USD646.54K).
Compensation vs Earnings: Javier's compensation has been consistent with company performance over the past year.
CEO
Javier Szwarcberg (54 yo)
2.9yrs
Tenure
US$2,157,418
Compensation
Dr. Javier Szwarcberg, M.D., M.P.H., is CEO & Director of Spruce Biosciences, Inc. from January 2022. Dr. Szwarcberg is an accomplished physician executive with many years of leadership experience in the b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.7yrs | US$119.39k | 0% $ 0 | |
| CEO & Director | 2.9yrs | US$2.16m | 1.13% $ 204.4k | |
| President & CFO | 4.6yrs | US$1.20m | 0.85% $ 153.4k | |
| Chief Medical Officer | 2.8yrs | US$1.00m | 0.39% $ 70.6k | |
| Senior Vice President of Business Operations | 2.3yrs | no data | no data | |
| Senior Vice President of Regulatory & Quality | 1.3yrs | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Management: SPRB's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.7yrs | US$119.39k | 0% $ 0 | |
| CEO & Director | 2.9yrs | US$2.16m | 1.13% $ 204.4k | |
| Independent Director | 4.3yrs | US$106.89k | 0% $ 0 | |
| Independent Director | 8.6yrs | US$99.39k | 0% $ 0 | |
| Independent Director | 1.6yrs | US$127.84k | 0% $ 0 | |
| Independent Director | 4.8yrs | US$94.39k | 0% $ 0 | |
| Independent Director | 7.2yrs | US$98.39k | 0% $ 0 |
4.8yrs
Average Tenure
53yo
Average Age
Experienced Board: SPRB's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 17:37 |
| End of Day Share Price | 2024/12/27 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Spruce Biosciences, Inc. is covered by 8 analysts. 5 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 |
|---|---|
| Aydin Huseynov | Benchmark Company |
| Martin Auster | Credit Suisse |
| Raghuram Selvaraju | H.C. Wainwright & Co. |