FIGS Management

Management criteria checks 3/4

FIGS' CEO is Trina Spear, appointed in Aug 2022, has a tenure of 2.75 years. total yearly compensation is $4.97M, comprised of 20.1% salary and 79.9% bonuses, including company stock and options. directly owns 4.11% of the company’s shares, worth $30.19M. The average tenure of the management team and the board of directors is 2 years and 3.1 years respectively.

Key information

Trina Spear

Chief executive officer

US$5.0m

Total compensation

CEO salary percentage20.1%
CEO tenure2.8yrs
CEO ownership4.1%
Management average tenure2yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Is Now The Time To Look At Buying FIGS, Inc. (NYSE:FIGS)?

May 03
Is Now The Time To Look At Buying FIGS, Inc. (NYSE:FIGS)?

FIGS, Inc.: Recommending A Hold Despite Tailwinds

Apr 24

FIGS' (NYSE:FIGS) Soft Earnings Don't Show The Whole Picture

Mar 06
FIGS' (NYSE:FIGS) Soft Earnings Don't Show The Whole Picture

Figs, Inc. - Slow Growth Is Still Growth

Mar 06

Be Wary Of FIGS (NYSE:FIGS) And Its Returns On Capital

Jan 30
Be Wary Of FIGS (NYSE:FIGS) And Its Returns On Capital

FIGS: Enter A White Knight?

Dec 12

FIGS Back To Q1 Prices, But The Name Is Still A Hold

Nov 13

The Price Is Right For FIGS, Inc. (NYSE:FIGS) Even After Diving 26%

Nov 10
The Price Is Right For FIGS, Inc. (NYSE:FIGS) Even After Diving 26%

FIGS (NYSE:FIGS) May Have Issues Allocating Its Capital

Oct 18
FIGS (NYSE:FIGS) May Have Issues Allocating Its Capital

If EPS Growth Is Important To You, FIGS (NYSE:FIGS) Presents An Opportunity

Oct 03
If EPS Growth Is Important To You, FIGS (NYSE:FIGS) Presents An Opportunity

FIGS, Inc.: Growth Potentially Inflecting Upwards

Oct 03

At US$5.61, Is FIGS, Inc. (NYSE:FIGS) Worth Looking At Closely?

Sep 18
At US$5.61, Is FIGS, Inc. (NYSE:FIGS) Worth Looking At Closely?
author-image

Tactical Partnerships And Innovations Propel Brand Expansion And Financial Growth

Sep 16 The partnership with Team USA and innovative product lines like Flare ScrubLegging highlight brand visibility enhancement and market expansion efforts.

FIGS Q2 2024 Shows Growth At The Expense Of Margins. The Stock Is Still Overpriced

Sep 05

FIGS, Inc. (NYSE:FIGS) Shares Could Be 32% Below Their Intrinsic Value Estimate

Aug 06
FIGS, Inc. (NYSE:FIGS) Shares Could Be 32% Below Their Intrinsic Value Estimate

Capital Allocation Trends At FIGS (NYSE:FIGS) Aren't Ideal

Jul 19
Capital Allocation Trends At FIGS (NYSE:FIGS) Aren't Ideal

FIGS, Inc.'s (NYSE:FIGS) Price Is Out Of Tune With Earnings

Jul 01
FIGS, Inc.'s (NYSE:FIGS) Price Is Out Of Tune With Earnings

We Think FIGS' (NYSE:FIGS) Robust Earnings Are Conservative

May 21
We Think FIGS' (NYSE:FIGS) Robust Earnings Are Conservative

FIGS' Recent Rally Is Not Justified By Fundamentals, The Stock Is Still A Hold

May 19

FIGS: Risks Present But Also Upside On Execution

Apr 12

There's Been No Shortage Of Growth Recently For FIGS' (NYSE:FIGS) Returns On Capital

Apr 03
There's Been No Shortage Of Growth Recently For FIGS' (NYSE:FIGS) Returns On Capital

FIGS: Premium Medical Apparel Company; Wait For Reacceleration In Growth

Feb 21

Should You Investigate FIGS, Inc. (NYSE:FIGS) At US$5.88?

Feb 05
Should You Investigate FIGS, Inc. (NYSE:FIGS) At US$5.88?

FIGS: Entering 2024 On Better Footing

Jan 26

Does This Valuation Of FIGS, Inc. (NYSE:FIGS) Imply Investors Are Overpaying?

Dec 24
Does This Valuation Of FIGS, Inc. (NYSE:FIGS) Imply Investors Are Overpaying?

Be Wary Of FIGS (NYSE:FIGS) And Its Returns On Capital

Nov 14
Be Wary Of FIGS (NYSE:FIGS) And Its Returns On Capital

FIGS, Inc.: Strong Q3 2023 Results Resulting In Bottom Line Expansion

Nov 11

What Does FIGS, Inc.'s (NYSE:FIGS) Share Price Indicate?

Oct 24
What Does FIGS, Inc.'s (NYSE:FIGS) Share Price Indicate?

A Look At The Intrinsic Value Of FIGS, Inc. (NYSE:FIGS)

Sep 08
A Look At The Intrinsic Value Of FIGS, Inc. (NYSE:FIGS)

FIGS: Decelerating Growth A Cause For Concern

Sep 04

FIGS (NYSE:FIGS) Is Reinvesting At Lower Rates Of Return

Aug 12
FIGS (NYSE:FIGS) Is Reinvesting At Lower Rates Of Return

FIGS: Promising Q2, But Wait For 1-2 Quarters Before Affirming The Trend

Aug 12

CEO Compensation Analysis

How has Trina Spear's remuneration changed compared to FIGS's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$5mUS$1m

US$3m

Sep 30 2024n/an/a

US$11m

Jun 30 2024n/an/a

US$19m

Mar 31 2024n/an/a

US$22m

Dec 31 2023US$8mUS$1m

US$23m

Sep 30 2023n/an/a

US$16m

Jun 30 2023n/an/a

US$14m

Mar 31 2023n/an/a

US$14m

Dec 31 2022US$1mUS$1m

US$21m

Sep 30 2022n/an/a

US$30m

Jun 30 2022n/an/a

US$33m

Mar 31 2022n/an/a

-US$12m

Dec 31 2021US$13mUS$852k

-US$10m

Sep 30 2021n/an/a

-US$10m

Jun 30 2021n/an/a

US$2m

Mar 31 2021n/an/a

US$57m

Dec 31 2020US$40mUS$456k

US$50m

Compensation vs Market: Trina's total compensation ($USD4.97M) is about average for companies of similar size in the US market ($USD3.98M).

Compensation vs Earnings: Trina's compensation has been consistent with company performance over the past year.


CEO

Trina Spear (40 yo)

2.8yrs

Tenure

US$4,970,064

Compensation

Ms. Catherine Spear, also known as Trina, serves as Independent Director at Amer Sports, Inc. since 2024. She was a Director at One from August 2020 to July 2021. She is the Co-Founder of FIGS, Inc. and se...


Leadership Team

NamePositionTenureCompensationOwnership
Heather Hasson
Co-Founder & Executive Chairman12.3yrsUS$42.001.95%
$ 14.3m
Catherine Spear
Co-Founder2.8yrsUS$4.97m4.11%
$ 30.2m
Sarah Oughtred
Chief Financial Officerless than a yearUS$4.75mno data
Mark Bixby
Chief Technology Officer1.7yrsno datano data
Thomas Shaw
Senior Vice President of Investor Relations1.3yrsno datano data
Todd Maron
Chief Legal Officer & Secretaryno datano datano data
Jami Pinto
Chief Global Product & Sustainability Officer3.2yrsno datano data
Devon Duff Gago
Chief Business Development Officer2.3yrsno datano data

2.0yrs

Average Tenure

41yo

Average Age

Experienced Management: FIGS's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Heather Hasson
Co-Founder & Executive Chairman12.3yrsUS$42.001.95%
$ 14.3m
Catherine Spear
Co-Founder12.3yrsUS$4.97m4.11%
$ 30.2m
Jeffrey Wilke
Independent Director3.1yrsUS$222.34k0.095%
$ 698.7k
Kenneth Lin
Lead Independent Director3.1yrsUS$220.00k0.055%
$ 400.9k
Sheila Antrum
Independent Director4yrsUS$215.00k0.026%
$ 192.8k
Jerry Jao
Independent Directorless than a yearno data0.029%
$ 212.1k
Melanie Whelan
Independent Directorless than a yearno datano data
J. Willhite
Independent Director6.3yrsUS$217.50k1.96%
$ 14.4m
Natalie Crawford
Member of Healthcare Advisory Board3.1yrsno datano data
Scott Fujimoto
Member of Healthcare Advisory Board3.1yrsno datano data
Sarah Kilpatrick
Member of Healthcare Advisory Board3.1yrsno datano data
Danielle LeVeck
Member of Healthcare Advisory Board3.1yrsno datano data

3.1yrs

Average Tenure

47yo

Average Age

Experienced Board: FIGS's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/04 23:09
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

FIGS, Inc. is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adrienne Yih-TennantBarclays
Lorraine Corrine HutchinsonBofA Global Research
Michael BinettiCredit Suisse