Spruce Biosciences Management
Management criteria checks 3/4
Spruce Biosciences' CEO is Javier Szwarcberg, appointed in Jan 2022, has a tenure of 2.83 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 $52.65K. 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 | 2.8yrs |
| CEO ownership | 0.3% |
| 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 ($USD651.40K).
Compensation vs Earnings: Javier's compensation has been consistent with company performance over the past year.
CEO
Javier Szwarcberg (54 yo)
2.8yrs
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 | 7.6yrs | US$119.39k | 0% $ 0 | |
| CEO & Director | 2.8yrs | US$2.16m | 0.26% $ 52.7k | |
| President & CFO | 4.5yrs | US$1.20m | 0.49% $ 99.5k | |
| Chief Medical Officer | 2.7yrs | US$1.00m | 0.13% $ 27.2k | |
| 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 | 7.6yrs | US$119.39k | 0% $ 0 | |
| CEO & Director | 2.8yrs | US$2.16m | 0.26% $ 52.7k | |
| Independent Director | 4.2yrs | US$106.89k | 0% $ 0 | |
| Independent Director | 8.5yrs | US$99.39k | 0% $ 0 | |
| Independent Director | 1.5yrs | US$127.84k | 0% $ 0 | |
| Independent Director | 4.8yrs | US$94.39k | 0% $ 0 | |
| Independent Director | 7.1yrs | 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).