Spruce Biosciences Management
Management criteria checks 3/4
Spruce Biosciences' CEO is Javier Szwarcberg, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is $2.16M, comprised of 26.9% salary and 73.1% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth $85.80K. The average tenure of the management team and the board of directors is 2.3 years and 4.3 years respectively.
Key information
Javier Szwarcberg
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 26.9% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.3yrs |
| Board average tenure | 4.3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD663.07K).
Compensation vs Earnings: Javier's compensation has been consistent with company performance over the past year.
CEO
Javier Szwarcberg (53 yo)
2.3yrs
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 | 7.1yrs | US$119.39k | 0% $ 0 | |
| CEO & Director | 2.3yrs | US$2.16m | 0.26% $ 85.8k | |
| President & CFO | 4yrs | US$1.20m | 0.49% $ 162.1k | |
| Chief Medical Officer | 2.2yrs | US$1.00m | 0.13% $ 44.3k | |
| Senior Vice President of Business Operations | 1.8yrs | no data | no data | |
| Senior Vice President of Regulatory & Quality | less than a year | no data | no data |
2.3yrs
Average Tenure
53yo
Average Age
Experienced Management: SPRB's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.1yrs | US$119.39k | 0% $ 0 | |
| CEO & Director | 2.3yrs | US$2.16m | 0.26% $ 85.8k | |
| Independent Director | 3.7yrs | US$106.89k | 0% $ 0 | |
| Independent Director | 2.9yrs | US$95.87k | 0% $ 0 | |
| Independent Director | 8yrs | US$99.39k | 0% $ 0 | |
| Independent Director | 8yrs | US$96.89k | 4.37% $ 1.4m | |
| Independent Director | less than a year | US$127.84k | 0% $ 0 | |
| Independent Director | 4.3yrs | US$94.39k | 0% $ 0 | |
| Independent Director | 6.6yrs | US$98.39k | 0% $ 0 |
4.3yrs
Average Tenure
52yo
Average Age
Experienced Board: SPRB's board of directors are considered experienced (4.3 years average tenure).