Vericel Management
Management criteria checks 4/4
Vericel's CEO is Nick Colangelo, appointed in Mar 2013, has a tenure of 11.08 years. total yearly compensation is $7.06M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $8.88M. The average tenure of the management team and the board of directors is 3.8 years and 10.9 years respectively.
Key information
Nick Colangelo
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 11.2% |
| CEO tenure | 11.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.8yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
It's Unlikely That The CEO Of Vericel Corporation (NASDAQ:VCEL) Will See A Huge Pay Rise This Year
Apr 26
Is There An Opportunity With Vericel Corporation's (NASDAQ:VCEL) 49% Undervaluation?
Mar 02Revenues Not Telling The Story For Vericel Corporation (NASDAQ:VCEL) After Shares Rise 29%
Feb 02Vericel Corporation's (NASDAQ:VCEL) Shareholders Might Be Looking For Exit
May 05Vericel Corporation: Stock Has Fallen, But Not Enough To Make This A Buy
Oct 10Vericel Q2 2022 Earnings Preview
Aug 02Calculating The Fair Value Of Vericel Corporation (NASDAQ:VCEL)
Apr 19Vericel - A Disruptive Business With Years Of Growth Remaining
Apr 12Vericel: In The Middle Of Difficulty Is An Opportunity
Dec 31Vericel Corporation's (NASDAQ:VCEL) Intrinsic Value Is Potentially 19% Below Its Share Price
Aug 09Vericel: A Leader In Cell-Based Therapy
May 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$790k | -US$3m |
| Sep 30 2023 | n/a | n/a | -US$10m |
| Jun 30 2023 | n/a | n/a | -US$13m |
| Mar 31 2023 | n/a | n/a | -US$17m |
| Dec 31 2022 | US$9m | US$760k | -US$17m |
| Sep 30 2022 | n/a | n/a | -US$18m |
| Jun 30 2022 | n/a | n/a | -US$16m |
| Mar 31 2022 | n/a | n/a | -US$11m |
| Dec 31 2021 | US$13m | US$730k | -US$7m |
| Sep 30 2021 | n/a | n/a | US$214k |
| Jun 30 2021 | n/a | n/a | US$9m |
| Mar 31 2021 | n/a | n/a | US$4m |
| Dec 31 2020 | US$4m | US$675k | US$3m |
| Sep 30 2020 | n/a | n/a | US$145k |
| Jun 30 2020 | n/a | n/a | -US$3k |
| Mar 31 2020 | n/a | n/a | -US$12m |
| Dec 31 2019 | US$5m | US$634k | -US$10m |
| Sep 30 2019 | n/a | n/a | -US$14m |
| Jun 30 2019 | n/a | n/a | -US$18m |
| Mar 31 2019 | n/a | n/a | -US$3m |
| Dec 31 2018 | US$3m | US$592k | -US$8m |
| Sep 30 2018 | n/a | n/a | -US$13m |
| Jun 30 2018 | n/a | n/a | -US$17m |
| Mar 31 2018 | n/a | n/a | -US$15m |
| Dec 31 2017 | US$1m | US$556k | -US$17m |
Compensation vs Market: Nick's total compensation ($USD7.06M) is about average for companies of similar size in the US market ($USD5.61M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
CEO
Nick Colangelo (59 yo)
11.1yrs
Tenure
US$7,056,422
Compensation
Mr. Dominick C. Colangelo, also known as Nick, Esq., has been the Chief Executive Officer and President at Vericel Corporation since March 1, 2013 and served as its Treasurer since May 7, 2014. He has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 11.1yrs | US$7.06m | 0.40% $ 8.9m | |
| CFO & Treasurer | 3.3yrs | US$2.15m | 0.040% $ 880.5k | |
| Chief Operating Officer | 4.8yrs | US$2.38m | 0.0020% $ 43.2k | |
| Chief Legal Officer | 4.4yrs | US$1.56m | 0.00098% $ 21.5k | |
| Chief Medical Officer | 5.7yrs | US$1.58m | 0.12% $ 2.6m | |
| Principal Accounting Officer | 2.2yrs | no data | 0.0029% $ 63.6k | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Senior Vice President of Corporate Development & Strategy | 2.6yrs | no data | no data | |
| Vice President of Marketing & Commercial Strategy | less than a year | no data | no data | |
| Senior Vice President of Sales | less than a year | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Chief Commercial Officer | 4.6yrs | no data | no data |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Management: VCEL's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 11.1yrs | US$7.06m | 0.40% $ 8.9m | |
| Independent Director | 9.3yrs | US$327.14k | 0.018% $ 395.5k | |
| Independent Director | 9.3yrs | US$265.05k | 0.056% $ 1.2m | |
| Independent Chairman & Lead Director | 18.3yrs | US$354.64k | 0.048% $ 1.1m | |
| Independent Director | 18.6yrs | US$285.05k | 0.043% $ 936.1k | |
| Independent Director | 9.3yrs | US$314.64k | 0.016% $ 354.5k | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | 14yrs | no data | no data | |
| Member of Scientific Advisory Board | 14yrs | no data | no data | |
| Independent Director | 10.7yrs | US$324.64k | 0.032% $ 702.1k | |
| Independent Director | 2.8yrs | US$312.14k | 0.012% $ 264.5k |
10.9yrs
Average Tenure
63yo
Average Age
Experienced Board: VCEL's board of directors are seasoned and experienced ( 10.9 years average tenure).