Appen Management

Management criteria checks 1/4

Appen's CEO is Ryan Kolln, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is $789.26K, comprised of 15.5% salary and 84.5% bonuses, including company stock and options. directly owns 0.074% of the company’s shares, worth A$427.23K. The average tenure of the management team and the board of directors is 1.8 years and 3 years respectively.

Key information

Ryan Kolln

Chief executive officer

US$789.3k

Total compensation

CEO salary percentage	15.5%
CEO tenure	less than a year
CEO ownership	0.07%
Management average tenure	1.8yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ryan Kolln's remuneration changed compared to Appen's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$93m
Mar 31 2024	n/a	n/a	-US$105m
Dec 31 2023	US$789k	US$122k	-US$118m

Compensation vs Market: Ryan's total compensation ($USD789.26K) is about average for companies of similar size in the Australian market ($USD910.58K).

Compensation vs Earnings: Insufficient data to compare Ryan's compensation with company performance.

CEO

Ryan Kolln

less than a year

Tenure

US$789,255

Compensation

Mr. Ryan Kolln, MBA, B.Eng (Electrical) was Senior Vice President of Strategy and Innovation of Appen Limited from May 2023 until 2023 and served as its Chief Operating Officer from 2023 until February 05,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ryan Kolln	CEO, MD & Director	less than a year	US$789.26k	0.074% A$ 427.2k
Justin Miles	Chief Financial Officer	no data	US$550.89k	0.014% A$ 78.2k
Brian Haskett	Senior Vice President of Client management & Operations	no data	no data	no data
Kim Stagg	Chief Product & Technology Officer	less than a year	no data	no data
Rosalie Duff	Head of Investor Relations	no data	no data	no data
Carl Middlehurst	Senior VP	5.8yrs	no data	no data
Andrea Clayton	Chief People Officer	2.8yrs	no data	no data
Roc Tian	Senior VP & General Manager of Appen China + JK	5.3yrs	no data	no data
Eric de Cavaignac	Chief Transformation Officer & GM of Crowd	less than a year	no data	no data

1.8yrs

Average Tenure

Experienced Management: APX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ryan Kolln	CEO, MD & Director	less than a year	US$789.26k	0.074% A$ 427.2k
Richard Freudenstein	Independent Non-Executive Chairman of the Board	3.3yrs	US$159.52k	0.026% A$ 147.1k
Mini Peiris	Independent Non-Executive Director	2yrs	US$72.30k	no data
Stuart Davis	Independent Non-Executive Director	2.7yrs	US$79.76k	0.034% A$ 194.6k
Stephen Hasker	Independent Non-Executive Director	9.6yrs	US$93.05k	0.022% A$ 128.3k
Robin Low	Independent Non-Executive Director	10.1yrs	US$93.05k	0.10% A$ 599.9k
Lynn Mickleburgh	Independent Non-Executive Director	2.3yrs	US$79.76k	0.058% A$ 330.0k
Vanessa Liu	Independent Non-Executive Director	4.7yrs	US$79.76k	0.0097% A$ 55.4k

3.0yrs

Average Tenure

59yo

Average Age

Experienced Board: APX's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.

Appen Management

Management criteria checks 1/4

Key information

Recent management updates

Appen Limited, Annual General Meeting, May 24, 2024

Appen Limited, Annual General Meeting, May 24, 2024

High number of new directors

Appen Limited Announces Chief Financial Officer Changes

Appen Limited Announces Appointment of Fab Dolan as Chief Marketing Officer

Appen Limited Appoints Andrew Ettinger as Chief Revenue Officer

Recent updates

Appen Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million.

Appen Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million.

New major risk - Shareholder dilution

Appen Limited to Report Q3, 2024 Results on Oct 31, 2024

First half 2024 earnings released: US$0.081 loss per share (vs US$0.34 loss in 1H 2023)

New major risk - Share price stability

Appen Limited to Report First Half, 2024 Results on Aug 30, 2024

Appen Limited, Annual General Meeting, May 24, 2024

Appen Limited, Annual General Meeting, May 24, 2024

New major risk - Financial position

High number of new directors

Full year 2023 earnings released: US$0.83 loss per share (vs US$1.94 loss in FY 2022)

New major risk - Share price stability

Appen Limited to Report Fiscal Year 2023 Results on Feb 27, 2024

New major risk - Shareholder dilution

New minor risk - Share price stability

Appen Limited has filed a Follow-on Equity Offering in the amount of AUD 30 million.

New minor risk - Market cap size

First half 2023 earnings released: US$0.34 loss per share (vs US$0.076 loss in 1H 2022)

New minor risk - Profitability

Appen Launches AI Chat Feedback and Benchmarking Solutions for Enhanced LLM Evaluation

Appen Limited Announces Chief Financial Officer Changes

Appen Limited Announces Appointment of Fab Dolan as Chief Marketing Officer

Appen Limited to Report First Half, 2023 Results on Aug 28, 2023

Appen Limited Appoints Andrew Ettinger as Chief Revenue Officer

Now 34% undervalued after recent price drop

Now 21% undervalued

Independent Non-Executive Director recently bought AU$124k worth of stock

Full year 2022 earnings released: US$1.94 loss per share (vs US$0.23 profit in FY 2021)

Investor sentiment improves as stock rises 15%

Appen Limited, Annual General Meeting, May 26, 2023

Appen Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

Appen Limited Appoints Mr. Ahmad Armughan as Director

Appen Limited Announces Chief Executive Officer Changes

Appen Limited Announces Management Changes

Investor sentiment deteriorated over the past week

High number of new directors

Appen Limited Announces Management Appointments

Investor sentiment deteriorated over the past week

Appen Limited(ASX:APX) dropped from FTSE All-World Index (USD)

First half 2022 earnings released: US$0.076 loss per share (vs US$0.054 profit in 1H 2021)

Appen Limited Provides Earnings Guidance for the Full Year 2022

Appen Limited Appoints Lynn Mickleburgh as an Independent Non-Executive Director to the Board

Appen Limited to Report First Half, 2022 Results on Aug 25, 2022

Blackstone Reportedly Ran Ruler over Appen Before Downgrade

TELUS International (Cda) Inc. (NYSE:TIXT) cancelled the unsolicited, conditional and non-binding indicative proposal to acquire Appen Limited (ASX:APX) for AUD 1.2 billion.

Investor sentiment improved over the past week

Appen Limited Announces Board Changes and Director Elections

Key Executive recently bought AU$100k worth of stock

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Appen Limited Announces Distribution for the Six Months Ended December 31, 2021, Payable on March 18, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Appen Limited (ASX:APX) completed the acquisition of Quadrant Global Pte Ltd.

Investor sentiment deteriorated over the past week

Independent Non-Executive Director recently bought AU$314k worth of stock

First half 2021 earnings released: EPS US$0.054 (vs US$0.12 in 1H 2020)

Appen Limited (ASX: APX) agreed to acquire Quadrant for $45 million.

Appen Limited Provides Revenue Guidance for the Second Half of 2021

Independent Non-Executive Director William Pulver has left the company

Investor sentiment improved over the past week

Appen Limited Provides Revenue Guidance for the Period End of April 2021

Investor sentiment deteriorated over the past week

Appen Limited Enable Organizations to Launch Update and Operate Unbiased AI Models

Appen Limited Announces New Off-The-Shelf Datasets

Full year 2020 earnings released: EPS AU$0.41 (vs AU$0.35 in FY 2019)

Revenue misses expectations