Suresh  Kannan net worth and biography

Suresh Kannan Biography and Net Worth

Insider of Model N

Suresh joins Model N with over 25 years of combined experience in product development, product management and general management. He is an accomplished executive with deep engineering expertise but is also well rounded with experience managing professional services, customer support and sales. Suresh brings a unique depth of knowledge in the life sciences software space and is adept at managing product portfolios at varying levels of technical maturity.

Suresh began his career at IBM before his time at Oracle in progressive software development leadership roles. He then led Engineering and Product Management at DecisionView prior to its acquisition by IMS Health. As VP of Product Development at IMS Health, Suresh was responsible for a growing technology product set and built solutions around drug trial protocol, cost forecasting, pricing and optimization of the entire clinical development process while scaling his team to hundreds of employees globally. During this time, Suresh has led multiple acquisitions and played a key role in the merger of IMS and Quintiles. In 2017, Suresh moved into a GM role at the rebranded entity, IQVIA, where he created and led the Content Management Solutions business across product management, engineering, product marketing, professional services, sales and support.

What is Suresh Kannan's net worth?

The estimated net worth of Suresh Kannan is at least $5.02 million as of May 16th, 2023. Kannan owns 167,214 shares of Model N stock worth more than $5,016,420 as of December 4th. This net worth approximation does not reflect any other assets that Kannan may own. Additionally, Kannan receives an annual salary of $538,710.00 as Insider at Model N. Learn More about Suresh Kannan's net worth.

How old is Suresh Kannan?

Kannan is currently 53 years old. There are 6 older executives and no younger executives at Model N. The oldest executive at Model N is Mr. Timothy M. Adams, CFO of Rapid7 & Director, who is 64 years old. Learn More on Suresh Kannan's age.

What is Suresh Kannan's salary?

As the Insider of Model N, Inc., Kannan earns $538,710.00 per year. There are 3 executives that earn more than Kannan. The highest earning executive at Model N is Mr. Jason Blessing, CEO & Director, who commands a salary of $868,040.00 per year. Learn More on Suresh Kannan's salary.

How do I contact Suresh Kannan?

The corporate mailing address for Kannan and other Model N executives is 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94404. Model N can also be reached via phone at (650) 610-4600 and via email at [email protected]. Learn More on Suresh Kannan's contact information.

Has Suresh Kannan been buying or selling shares of Model N?

Suresh Kannan has not been actively trading shares of Model N within the last three months. Most recently, Suresh Kannan sold 5,844 shares of the business's stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $28.63, for a transaction totalling $167,313.72. Following the completion of the sale, the insider now directly owns 167,214 shares of the company's stock, valued at $4,787,336.82. Learn More on Suresh Kannan's trading history.

Who are Model N's active insiders?

Model N's insider roster includes Mark Anderson (SVP), Jason Blessing (CEO), Kimberly DeCarlis (Director), John Ederer (CFO), Alan Henricks (Director), Suresh Kannan (Insider), Suresh Kannan (Chief Product Officer), Christopher Lyon (CRO), Dave Michaud (CMO), Rehmann Rayani (Chief Services Officer), Laura Selig (SVP), and Dave Yarnold (Director). Learn More on Model N's active insiders.

Suresh Kannan Insider Trading History at Model N

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/16/2023Sell5,844$28.63$167,313.72167,214View SEC Filing Icon  
2/16/2023Sell6,585$35.04$230,738.40172,240View SEC Filing Icon  
12/8/2022Sell20,119$39.39$792,487.41178,757View SEC Filing Icon  
11/16/2022Sell2,860$37.99$108,651.40200,056View SEC Filing Icon  
4/1/2020Sell1,414$21.12$29,863.6890,948View SEC Filing Icon  
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Suresh Kannan Buying and Selling Activity at Model N

This chart shows Suresh Kannan's buying and selling at Model N by year and by quarter.

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Model N Company Overview

Model N logo
Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large, mid-sized, and small life sciences and high tech manufactures worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.
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Today's Range

Now: $30.00
Low: $30.00
High: $30.00

50 Day Range

MA: $29.95
Low: $29.83
High: $30.00

2 Week Range

Now: $30.00
Low: $20.90
High: $35.96

Volume

N/A

Average Volume

643,815 shs

Market Capitalization

$1.18 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.68