Virpax Pharmaceuticals Management
Management criteria checks 2/4
Virpax Pharmaceuticals' CEO is Gerald Bruce, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is $432.87K, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $1.28K. The average tenure of the management team and the board of directors is 1.9 years and 3.8 years respectively.
Key information
Gerald Bruce
Chief executive officer
US$432.9k
Total compensation
| CEO salary percentage | 8.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.03% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$433k | US$38k | -US$15m |
| Sep 30 2023 | n/a | n/a | -US$14m |
| Jun 30 2023 | n/a | n/a | -US$15m |
| Mar 31 2023 | n/a | n/a | -US$18m |
| Dec 31 2022 | US$80k | n/a | -US$22m |
Compensation vs Market: Gerald's total compensation ($USD432.87K) is below average for companies of similar size in the US market ($USD667.11K).
Compensation vs Earnings: Gerald's compensation has increased whilst the company is unprofitable.
CEO
Gerald Bruce (66 yo)
less than a year
Tenure
US$432,874
Compensation
Mr. Gerald W. Bruce served as Executive Vice President of Commercial Operations at Virpax Pharmaceuticals, Inc. since August 2017 until November 17, 2023 and serves as Chief Executive Officer since Novembe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$432.87k | 0.034% $ 1.3k | |
| Chief Scientific Officer | 3yrs | US$773.97k | no data | |
| Executive VP | 7.3yrs | US$192.00k | 0.065% $ 2.4k | |
| CFO, Principal Financial Officer | less than a year | no data | no data | |
| Chief of Staff | no data | no data | no data |
1.9yrs
Average Tenure
58.5yo
Average Age
Experienced Management: VRPX's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | US$432.87k | 0.034% $ 1.3k | |
| Executive VP | no data | US$192.00k | 0.065% $ 2.4k | |
| Independent Chairman | 7.3yrs | US$71.00k | 0.068% $ 2.5k | |
| Independent Director | 7.3yrs | US$65.00k | 0.077% $ 2.8k | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 7.3yrs | US$69.00k | 0.0085% $ 316.1 | |
| Independent Director | 3.8yrs | US$65.00k | 0% $ 0 | |
| Independent Director | 2.8yrs | US$65.60k | 0% $ 0 |
3.8yrs
Average Tenure
61yo
Average Age
Experienced Board: VRPX's board of directors are considered experienced (3.8 years average tenure).