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Robert A. Berman

Chief Executive Officer at enVVeno Medical
Board
Since April 30, 2018
Age
62 years
Education
Holds a B.S. in Entrepreneurial Management from the Wharton School of the University of Pennsylvania and a J.D. from Northwestern University School of Law.
Tenure
Joined NVNO as Chief Executive Officer and Board member in April 2018 and has overseen strategic transitions since then.

Also at enVVeno Medical

CG
Craig Glynn
Chief Financial Officer and Treasurer
DHA
Dr. Hamed Alavi
Senior Vice President and Chief Technology Officer
MHG
Marc H. Glickman
Senior Vice President and Chief Medical Officer

About

Robert A. Berman is an experienced executive with over 25 years in healthcare, finance, and technology, and is currently 62 years old as per the latest reports.

Before joining NVNO, he held senior leadership roles at Acacia Research Corporation and ITUS Corporation, where he played key roles in transforming business strategies and operational frameworks.

Since his appointment in April 2018, and specifically as Chief Executive Officer from April 30, 2018, he has managed risk oversight, corporate strategy, and significant operational reforms, further extending his influence through academia as an adjunct faculty member.

$NVNO Performance Under Robert A. Berman

Past Roles

OrganizationRoleDate RangeDetails
ITUS Corporation (now Anixa Biosciences) President, Chief Executive Officer, and Board Director September 2012 - July 2017 Transitioned the company from a flat panel display developer to a Nasdaq-listed cancer therapeutics company
Acacia Research Corporation Chief Operating Officer and General Counsel 2000 - March 2007 Transitioned the company from an incubator of internet startups to a publicly traded company with market capitalization exceeding $2 billion
Blank Rome Early Career Role N/A Started his career at this law firm

External Roles

OrganizationRoleDate RangeDetails
Northwestern University School of Law Adjunct Faculty Member N/A Holds an adjunct position at the School of Law

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary $500,000 Annual (Fiscal Year Ended Dec 31, 2024)Fixed annual salary
Option Awards $400,513 Vests quarterly over 3 years200,000 stock options granted on Dec 18, 2024; computed per FASB ASC Topic 718
Other Compensation $28,119 AnnualIncludes company-paid healthcare of $9,679 and a 401(k) match of $18,441

Performance Compensation

Data from  FY 2024

Bonus

MetricValue
Amount ($USD) $232,500
Eligible as (% of Base Salary) Up to 60%
Performance Metrics Key Performance Indicators (KPI); specifics not disclosed
Evaluation Period Fiscal 2024
Payout Timing Annual

Restricted Stock Units (RSUs)

MetricValue
Number of RSUs 200,000
Market Value as of 12/31/2024 ($USD) $604,000
Performance Requirement Pre-Market Approval of the VenoValve
Vesting Condition Entire lot vests upon achieving the milestone
Additional Details SAVVE condition removed on 12/05/2023; RSUs originally subject to dual milestones