David Coles has been involved in the finance field for many years and served as the Interim CEO of MiMedx Group, Inc. from July 2018 to May 2019. His compensation during this time came from the firm Alvarez & Marsal,...
David Coles has been involved in the finance field for many years and served as the Interim CEO of MiMedx Group, Inc. from July 2018 to May 2019. His compensation during this time came from the firm Alvarez & Marsal, which received about $908,663 for his services. This model is interesting because it shows that he wasn't directly on the company's payroll but was hired through a consulting firm. Before MiMedx, Coles worked with Cheche Group Inc. for a brief stint in 2015. Throughout his career, he has emphasized performance-driven success. Interestingly, in 2015, when he was directly employed by MiMedx, his total package reached about $1.5 million, thanks to his performance bonuses and vested stock, showcasing how the company rewards its leadership based on growth metrics. This mix of consulting and executive roles speaks to a flexible approach to corporate leadership.