Verastem Management
Management criteria checks 1/4
Verastem's CEO is Dan Paterson, appointed in Jun 2019, has a tenure of 5.42 years. total yearly compensation is $3.63M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 0.098% of the company’s shares, worth $154.66K. The average tenure of the management team and the board of directors is 1.6 years and 3.2 years respectively.
Key information
Dan Paterson
Chief executive officer
US$3.6m
Total compensation
CEO salary percentage | 15.0% |
CEO tenure | 5.4yrs |
CEO ownership | 0.1% |
Management average tenure | 1.6yrs |
Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Verastem: Narrowed Market And Less Compelling Efficacy Warrant Rating Downgrade
May 26Verastem: Moving Forward
Sep 13Health Check: How Prudently Does Verastem (NASDAQ:VSTM) Use Debt?
Sep 01Verastem Non-GAAP EPS of -$0.11 in-line
Aug 08Verastem: Looking Increasingly Attractive
Jun 29Verastem: Time To Take My Position Out Of Mothball
Apr 19Vectoring In On Verastem
Jan 12Verastem: Buying Opportunity Following Unjustified Sell-Off
Sep 22CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | -US$89m |
Mar 31 2024 | n/a | n/a | -US$106m |
Dec 31 2023 | US$4m | US$545k | -US$87m |
Sep 30 2023 | n/a | n/a | -US$77m |
Jun 30 2023 | n/a | n/a | -US$75m |
Mar 31 2023 | n/a | n/a | -US$73m |
Dec 31 2022 | US$698k | US$470k | -US$74m |
Sep 30 2022 | n/a | n/a | -US$73m |
Jun 30 2022 | n/a | n/a | -US$78m |
Mar 31 2022 | n/a | n/a | -US$73m |
Dec 31 2021 | US$2m | US$460k | -US$71m |
Sep 30 2021 | n/a | n/a | -US$75m |
Jun 30 2021 | n/a | n/a | -US$39m |
Mar 31 2021 | n/a | n/a | -US$45m |
Dec 31 2020 | US$2m | US$467k | -US$68m |
Sep 30 2020 | n/a | n/a | -US$87m |
Jun 30 2020 | n/a | n/a | -US$130m |
Mar 31 2020 | n/a | n/a | -US$149m |
Dec 31 2019 | US$2m | US$445k | -US$149m |
Compensation vs Market: Dan's total compensation ($USD3.63M) is above average for companies of similar size in the US market ($USD1.48M).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
CEO
Dan Paterson (63 yo)
5.4yrs
Tenure
US$3,626,857
Compensation
Mr. Daniel W. Paterson, also known as Dan, serves as Chief Executive Officer Verastem, Inc. since August 1, 2023 and is its President of Verastem, Inc. since June 2019. He is Director of Verastem, Inc. sin...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 5.4yrs | US$3.63m | 0.098% $ 154.7k | |
CFO and Principal Accounting & Financial Officer | 2.1yrs | US$622.56k | 0.017% $ 26.5k | |
Founder and Consultant | 10.2yrs | US$114.77k | no data | |
Co-Founder & Chair of Scientific Advisory Board | no data | no data | no data | |
Co-Founder | no data | no data | no data | |
Co-Founder | no data | no data | no data | |
Chief Scientific Officer | 8.6yrs | US$319.51k | no data | |
Chief Organizational Effectiveness Officer | no data | no data | no data | |
Chief Business Officer | less than a year | no data | no data | |
Chief Commercial & Strategy Officer | 1.1yrs | no data | no data | |
Global Head of Regulatory Affairs & Development | less than a year | no data | no data | |
Chief Medical Officer | less than a year | no data | no data |
1.6yrs
Average Tenure
55.5yo
Average Age
Experienced Management: VSTM's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.3yrs | US$3.63m | 0.098% $ 154.7k | |
Co-Founder & Chair of Scientific Advisory Board | no data | no data | no data | |
Member of Scientific Advisory Board | no data | no data | no data | |
Lead Independent Director | 12yrs | US$124.29k | 0.0014% $ 2.2k | |
Independent Director | 3.4yrs | US$74.29k | 0% $ 0 | |
Independent Director | 7.5yrs | US$89.29k | 0% $ 0 | |
Independent Director | 4.6yrs | US$81.29k | 0% $ 0 | |
Director | 1.9yrs | US$64.29k | 0.062% $ 98.5k | |
Member of Scientific Advisory Board | 2.7yrs | no data | no data | |
Director | 7.2yrs | US$2.30m | 0.24% $ 376.8k | |
Independent Director | 2.1yrs | US$81.75k | 0% $ 0 | |
Independent Director | 3yrs | US$84.29k | 0% $ 0 |
3.2yrs
Average Tenure
65yo
Average Age
Experienced Board: VSTM's board of directors are considered experienced (3.2 years average tenure).