KRMD · KORU Medical Systems, Inc. · Executive Compensation

$3.22 +0.05 (+1.58%) Q2 2026 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$146.36M

46.17M

Volume · Oct 28 6262 Avg daily vol (3M) 240.26K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linda Tharby	President & CEO	$568,770	$0	$360,098	$193,102	$137,106	$12,450	$1,271,525
Brian Case	Former Chief Technology Officer	$361,970	$0	$0	$0	$12,994	$313,327	$688,291
Thomas Adams	Chief Financial Officer	$334,633	$0	$85,819	$65,379	$64,350	$14,867	$565,049
Kenneth Miller	Chief Commercial Officer	$357,415	$0	$93,589	$71,251	$19,800	$1,200	$543,255

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linda Tharby	President & CEO	$563,063	$0	$0	$0	$400,400	$13,200	$976,663
Kenneth Miller	Chief Commercial Officer	$45,000	$0	$0	$590,686	$0	$61,738	$697,424
Thomas Adams	Chief Financial Officer	$302,917	$0	$0	$174,937	$81,900	$13,200	$572,954
Brian Case	Former Chief Technology Officer	$350,000	$0	$0	$0	$101,981	$8,163	$460,144

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Brian Case	Chief Technology Officer	$247,917	—	—	$945,215	$101,981	$6,417	$1,301,529
Linda Tharby	President & CEO	$550,000	—	—	—	$440,400	$12,200	$962,600
Thomas Adams	Chief Financial Officer	$240,000	$50,000	—	—	$81,900	$10,000	$381,900
Kenneth Miller	Chief Commercial Officer	—	—	—	—	—	—	—

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Linda Tharby	President & CEO	$398,045	$317,041	$3,310,000	$3,017,122	—	$10,083	$7,052,291
Thomas Adams	Interim CFO	$30,000	$40,000	—	$532,560	—	—	$602,560
Donald B. Pettigrew	former President & CEO	$351,923	—	—	—	—	—	$351,923
James Beck	former interim CEO	$113,593	$97,636	—	—	—	$113,962	$325,191
Karen Fisher	Chief Financial Officer	$250,000	$38,900	—	—	—	$9,094	$297,994
Manuel Marques	Chief Operating Officer	$230,000	$25,496	—	—	—	$4,753	$260,249
Brian Case	Chief Technology Officer	—	—	—	—	—	—	—

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Donald B. Pettigrew	former President & CEO	$360,000	—	—	—	—	$18,584	$378,584
Karen Fisher	Chief Financial Officer	$250,000	$87,500	—	—	—	$9,583	$347,083
Manuel Marques	Chief Operating Officer	$230,000	$80,500	—	—	—	$11,400	$321,900

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Donald B. Pettigrew	Former President and Chief Executive Officer	$357,083	—	—	$1,162,561	$262,440	$22,551	$1,804,635
Karen Fisher	Chief Financial Officer	$250,000	—	—	$552,987	$94,725	$5,517	$903,229
Manuel Marques	Chief Operating Officer	$230,000	—	—	$331,792	$83,525	$11,200	$656,517
Daniel S. Goldberger	Former Interim Chief Executive Officer and Executive Chairman	$110,462	$315,000	—	—	—	$19,900	$445,362

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Donald B. Pettigrew	President and Chief Executive Officer	$106,041	—	—	$679,131	$51,167	—	$836,339
Daniel S. Goldberger	Former Chief Executive Officer and Executive Chairman	$77,769	$75,000	—	$562,546	—	$11,686	$727,001
Karen Fisher	Chief Financial Officer	$208,000	—	—	—	$65,000	—	$273,000

Executive changes

Person	Role	Change	Effective	Filed
Adam Kalbermatten	Chief Executive Officer	Appointed	2026-07-01	2026-03-16
Adam Kalbermatten	Board	Appointed	2027-01-01	2026-03-16
Adam Kalbermatten	President	Appointed	2026-03-15	2026-03-16
Linda Tharby	Board	Resigned	2026-12-31	2026-03-16
Linda Tharby	Chief Executive Officer	Retired	2026-06-30	2026-03-16
Kenneth Miller	Chief Commercial Officer	Resigned	2025-04-03	2025-04-07
Brian Case	Chief Technology Officer	Terminated	2024-09-16	2024-07-24
Ken Miller	Chief Commercial Officer	Appointed	2023-11-06	2023-11-08
Kenneth Miller	Chief Commercial Officer	Appointed	2023-11-06	2023-11-08
Edward Wholihan	Board of Directors	Appointed	2023-09-28	2023-10-04
Thomas Adams	Chief Financial Officer	Appointed	2023-08-01	2023-08-02
Andrew D. C. LaFrence	Chief Financial Officer	Resigned	2023-07-27	2023-08-02
Andrew D. C. LaFrence	Chief Financial Officer	Appointed	2023-07-10	2023-06-27
Linda Tharby	Director	Appointed	2023-05-17	2023-05-17
Shahriar (Shar) Matin	Director	Appointed	2023-05-17	2023-05-17
Donna French	Director	Appointed	2023-05-17	2023-05-17
Joseph M. Manko, Jr.	Director	Appointed	2023-05-17	2023-05-17
Robert A. Cascella	Director	Appointed	2023-05-17	2023-05-17
R. John Fletcher	Director	Appointed	2023-05-17	2023-05-17

Leadership

Adam Kalbermatten CEO, Board Member
James Beck CEO
James M. Beck CEO, Board Member
Mr. Kalbermatten CEO
R. John Fletcher Chairman, Board Member
Andrew D. C. LaFrence CFO
Christopher Pazdan COO
Manuel Marques COO
Donna French Board Member
Edward Wholihan Board Member
Joseph M. Manko Board Member
Joseph M. Manko, Jr. Board Member
Linda Tharby Board Member
Robert A. Cascella Board Member
Shahriar (Shar) Matin Board Member

Key facts CIK 704440 CUSIP 759910102 13F (30d) 6 filings 6 filers Visit website Investor relations