Third Harmonic Bio Management
Management criteria checks 3/4
Third Harmonic Bio's CEO is Natalie Holles, appointed in Aug 2021, has a tenure of 3.42 years. total yearly compensation is $2.54M, comprised of 23.9% salary and 76.1% bonuses, including company stock and options. directly owns 2.71% of the company’s shares, worth $10.18M. The average tenure of the management team and the board of directors is 1 years and 4 years respectively.
Key information
Natalie Holles
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 23.9% |
| CEO tenure | 3.4yrs |
| CEO ownership | 2.7% |
| Management average tenure | less than a year |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Third Harmonic Bio (NASDAQ:THRD) Is In A Good Position To Deliver On Growth Plans
Nov 16
Companies Like Third Harmonic Bio (NASDAQ:THRD) Can Afford To Invest In Growth
Aug 03Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation
Apr 06We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely
Sep 06We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely
May 02We're Not Very Worried About Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Rate
Dec 16CEO 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$33m |
| Mar 31 2024 | n/a | n/a | -US$30m |
| Dec 31 2023 | US$3m | US$608k | -US$31m |
| Sep 30 2023 | n/a | n/a | -US$35m |
| Jun 30 2023 | n/a | n/a | -US$36m |
| Mar 31 2023 | n/a | n/a | -US$36m |
| Dec 31 2022 | US$10m | US$530k | -US$35m |
| Sep 30 2022 | n/a | n/a | -US$39m |
| Jun 30 2022 | n/a | n/a | -US$39m |
| Mar 31 2022 | n/a | n/a | -US$34m |
| Dec 31 2021 | US$2m | US$197k | -US$30m |
Compensation vs Market: Natalie's total compensation ($USD2.54M) is about average for companies of similar size in the US market ($USD2.35M).
Compensation vs Earnings: Natalie's compensation has been consistent with company performance over the past year.
CEO
Natalie Holles (51 yo)
3.4yrs
Tenure
US$2,541,873
Compensation
Ms. Natalie C. Holles serves as Chief Executive Officer since August 9, 2021 and Director of Third Harmonic Bio, Inc. since August 2021. She was an Independent Director at Allakos Inc. since December 2020...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.4yrs | US$2.54m | 2.71% $ 10.2m | |
| Chief Administrative Officer | 2.6yrs | US$1.11m | no data | |
| Chief Medical Officer | 2.6yrs | US$1.38m | 0% $ 0 | |
| Chief Financial & Business Officer | less than a year | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Scientific Officer | less than a year | no data | no data | |
| Senior Vice President of Development Operations | no data | no data | no data | |
| Chief Non-Clinical Development Officer | less than a year | no data | no data | |
| Treasurer & Secretary | no data | no data | no data |
1.0yrs
Average Tenure
51yo
Average Age
Experienced Management: THRD's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.4yrs | US$2.54m | 2.71% $ 10.2m | |
| Independent Director | 2.5yrs | US$172.85k | 0% $ 0 | |
| Independent Director | 4.5yrs | US$119.84k | no data | |
| Independent Chairman | 4.7yrs | US$174.62k | 0.29% $ 1.1m | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | 5.8yrs | US$119.84k | no data | |
| Independent Director | 5.5yrs | US$130.04k | 0.19% $ 716.1k | |
| Non-Employee Supervisor | less than a year | no data | no data |
4.0yrs
Average Tenure
54yo
Average Age
Experienced Board: THRD's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/13 00:48 |
| End of Day Share Price | 2025/01/13 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Third Harmonic Bio, Inc. is covered by 5 analysts. 4 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 |
|---|---|
| Akash Tewari | Jefferies LLC |
| Michael Ulz | Morgan Stanley |
| Laura Prendergast | Raymond James & Associates |