Manuel Henriquez is the former CEO and co-founder of Hercules Capital, a private equity firm specializing in technology and life sciences. He graduated with a Bachelor's degree from the University of California, Berkeley, and has a strong background in finance....

Manuel Henriquez is the former CEO and co-founder of Hercules Capital, a private equity firm specializing in technology and life sciences. He graduated with a Bachelor's degree from the University of California, Berkeley, and has a strong background in finance. Before starting Hercules Capital, he worked as a Partner at VantagePoint Venture Partners and was the Chief Investment Officer at Comdisco Ventures. This experience has given him deep insights into the world of venture capital and technology financing. Notably, Manuel stepped down as CEO in March 2019 amid a significant transition for the company. His compensation over the years included a substantial termination payment of $1.5 million as part of his separation agreement. Under his leadership, Hercules Capital emerged as a key player in financing innovative companies, demonstrating how strategic investment decisions can shape the technology landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Hercules Capital CEOs

H

Manuel Henriquez

Founder and Ex-CEO of Hercules Capital

Education

Bachelor's degree from the University of California, Berkeley

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1968 - 57 years ago

CEO of Hercules Capital for

12 years 1 month (Jan 2007 - Mar 2019)

Previous Experience

Founder and CEO of Hercules Capital, Inc.

Rivals

Competitors/colleagues of Manuel Henriquez

A

R. Kipp deVeer

CEO of Ares Capital

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$187.28M

P

Arthur Penn

CEO of PennantPark Floating Rate Capital

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$12.99M

O

Armen Panossian

CEO of Oaktree Specialty Lending

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$201.44K

S

Joshua Easterly

CEO of Sixth Street Specialty Lending

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$1.12M

Holdings

See how much did Manuel Henriquez make over time.

Manuel Henriquez had significant stock holdings in Hercules Capital, peaking at over 1.1 million shares around 2007, constituting about 4.8% of the company's equity. Over the years, his stock value fluctuated, with notable amounts tied to performance and market valuation...

Manuel Henriquez had significant stock holdings in Hercules Capital, peaking at over 1.1 million shares around 2007, constituting about 4.8% of the company's equity. Over the years, his stock value fluctuated, with notable amounts tied to performance and market valuation of Hercules Capital. After stepping down, he relinquished claims to 1.2 million stock units and received a settlement involving 692,841 shares and cash payments. This illustrates the high stakes he navigated in his role, where a large portion of his worth was in stock tied to the company's performance.

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Total Stock Sold

$4.53M

HTGC

$4.53M

300,132 HTGC shares

What if they kept their stock?

If Manuel Henriquez didn't sell their stock, today they would have:
Extra HTGC300,132 shares worth $3.05M.
This is -32.63% and $1.48M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Manuel Henriquez.

HTGC

$421.97K

HTGC at $13.13/share

May 20, 2019

Received

HTGC

$387.48K

HTGC at $13.47/share

Mar 11, 2019

Received

HTGC

$7.50M

HTGC at $13.14/share

Jan 31, 2019

Received

HTGC

$218.25K

HTGC at $12.28/share

Nov 19, 2018

Received

HTGC

$200.42K

HTGC at $13.44/share

Aug 20, 2018

Received

HTGC

$200.40K

HTGC at $13.42/share

Aug 20, 2018

Received

HTGC

$195.52K

HTGC at $12.40/share

May 21, 2018

Received

HTGC

$190.71K

HTGC at $12.27/share

Mar 12, 2018

Received

HTGC

$3.00M

HTGC at $13.04/share

Jan 9, 2018

Received

HTGC

$3.00M

HTGC at $13.04/share

Jan 9, 2018

Received

Compensation History

See how much did Manuel Henriquez make over time.

Manuel's compensation over the years varied greatly, influenced by his performance and the company's success. For example, in 2018, he earned $21.1 million, thanks to bonuses and significant stock grants, reflecting his pivotal role in the company's performance. In contrast, after his departure in 2019, his total compensation came to $7.65 million, primarily due to a termination payment and vested stock, showcasing the peaks and troughs of executive compensation in relation to corporate performance. His pay structures often included a salary plus potential bonuses, aligning his interests with company growth, although he did not receive bonuses in 2019 due to a company transition.

Year

2019

Total Compensation

$13.05M

Salary

$510.63K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, while also considering market practices and the need to attract and retain top talent.

Bonus

$0.00

Board Justification

Mr. Henriquez did not receive cash bonuses for 2019 due to his separation from the company.

Other

$7.10M

Board Justification

Includes a $1,500,000 termination payment and payments totaling $50,487 for COBRA reimbursements, payable under the Separation Agreement.

Restricted Stock

$5.43M(274.49K common stock)

Board Justification

Shares resulting from accelerated vesting of restricted stock units due to separation agreement.

Performance Metrics

Performance metrics include overall company performance and individual contributions to the company's success.

Other Hercules Capital CEOs

Here are other CEOs of Hercules Capital

Scott Bluestein

CEO of Hercules Capital

July 2019 - Present