Akumin Management

Management criteria checks 3/4

Akumin's CEO is Riadh Zine Zine-El-Abidine, appointed in Mar 2022, has a tenure of 1.92 years. total yearly compensation is $1.78M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 5.74% of the company’s shares, worth CA$2.61M. The average tenure of the management team and the board of directors is 2.4 years and 4.5 years respectively.

Key information

Riadh Zine Zine-El-Abidine

Chief executive officer

US$1.8m

Total compensation

CEO salary percentage	46.1%
CEO tenure	1.9yrs
CEO ownership	5.7%
Management average tenure	2.4yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

Is Akumin (TSE:AKU) Using Too Much Debt?

Apr 06

Akumin (TSE:AKU) Has A Somewhat Strained Balance Sheet

Jan 06

Akumin Inc.'s (TSE:AKU) Intrinsic Value Is Potentially 83% Above Its Share Price

Oct 05

Would Shareholders Who Purchased Akumin's(TSE:AKU) Stock Year Be Happy With The Share price Today?

Jul 10

Does Akumin's (TSE:AKU) Statutory Profit Adequately Reflect Its Underlying Profit?

Jun 22

CEO Compensation Analysis

How has Riadh Zine Zine-El-Abidine's remuneration changed compared to Akumin's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-US$256m
Jun 30 2023	n/a	n/a	-US$227m
Mar 31 2023	n/a	n/a	-US$161m
Dec 31 2022	US$2m	US$820k	-US$157m
Sep 30 2022	n/a	n/a	-US$147m
Jun 30 2022	n/a	n/a	-US$94m
Mar 31 2022	n/a	n/a	-US$71m
Dec 31 2021	US$3m	US$663k	-US$43m
Sep 30 2021	n/a	n/a	-US$30m
Jun 30 2021	n/a	n/a	-US$36m
Mar 31 2021	n/a	n/a	-US$37m
Dec 31 2020	US$2m	US$510k	-US$37m
Sep 30 2020	n/a	n/a	-US$15m
Jun 30 2020	n/a	n/a	-US$5m
Mar 31 2020	n/a	n/a	US$4m
Dec 31 2019	US$2m	US$500k	US$9m
Sep 30 2019	n/a	n/a	US$8m
Jun 30 2019	n/a	n/a	US$6m
Mar 31 2019	n/a	n/a	US$7m
Dec 31 2018	US$2m	US$500k	US$5m
Sep 30 2018	n/a	n/a	US$5m
Jun 30 2018	n/a	n/a	-US$5m
Mar 31 2018	n/a	n/a	-US$6m
Dec 31 2017	US$5m	US$500k	-US$8m

Compensation vs Market: Riadh Zine's total compensation ($USD1.78M) is above average for companies of similar size in the Canadian market ($USD182.63K).

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

CEO

Riadh Zine Zine-El-Abidine (51 yo)

1.9yrs

Tenure

US$1,780,507

Compensation

Mr. Riadh Zine-El-Abidine also known as Riadh Zine, was Director at Peraso Inc. (formerly known as "Peraso Technologies Inc."). He had been Co-Chief Executive Officer at Akumin Inc. since September 1, 2021...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Riadh Zine-El-Abidine	Chairman & CEO	1.9yrs	US$1.78m	5.74% $ 2.6m
Krishna Ananthasubramanian	President & COO	less than a year	no data	no data
Ronald Bienias	Interim CFO & Chief Restructuring Officer	less than a year	no data	no data
Paul Nelis	Chief Information Officer	2.1yrs	no data	0.0011% $ 499.4
Darren Speed	Chief Compliance Officer	no data	no data	no data
Tracy Wiese	Chief Strategy & Marketing Officer	2.4yrs	no data	no data
Holly Huso	Enterprise Sales Officer	2.4yrs	no data	no data
Laurie Miller	Chief Human Resources Officer	2.4yrs	no data	no data
Mohammad Saleem	Senior Vice President of Financial Reporting	no data	US$589.59k	no data
Christopher Fitzgerald	Chief Revenue Officer	no data	US$435.04k	no data
Gina Bonica-Delgado	General Counsel	2.4yrs	no data	no data
Douglas McCracken	President of Oncology	2.4yrs	no data	no data

2.4yrs

Average Tenure

54yo

Average Age

Experienced Management: AKU's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Riadh Zine-El-Abidine	Chairman & CEO	8.5yrs	US$1.78m	5.74% $ 2.6m
Paul Viviano	Independent Director	2.3yrs	US$210.00k	0.063% $ 28.4k
Stanley D. Dunford	Chairperson Emeritus of the Board of Directors	6.9yrs	US$222.50k	0.21% $ 95.6k
James Webb	Independent Director	6.5yrs	US$227.00k	2.17% $ 986.6k
James Wyper	Nominee Director	2.3yrs	US$200.00k	no data
Thomas Davies	Independent Director	6.9yrs	US$234.37k	0.27% $ 121.9k
Murray Lee	Lead Independent Director	6.9yrs	US$238.00k	0.30% $ 137.1k
Haichen Huang	Director	2.4yrs	US$200.00k	0.063% $ 28.4k
John Wagner	Director	1.1yrs	no data	0.23% $ 106.4k
Lawrence Sinclair	Independent Director	1.1yrs	no data	no data

4.5yrs

Average Tenure

63yo

Average Age

Experienced Board: AKU's board of directors are considered experienced (4.5 years average tenure).

Akumin Management

Management criteria checks 3/4

Key information

Recent management updates

Akumin Appoints Chandra Westergaard as General Counsel

Akumin Inc. Announces Chief Financial Officer Changes

Akumin Inc. Appoints Ronald J. Bienias to Serve as the Chief Restructuring Officer

Akumin Inc. Announces the Resignation of Rohit Navani as Chief Corporate Affairs Officer

Akumin Inc. Appoints Krishna Kumar as President and Chief Operating Officer of the Company, Effective as of June 16, 2023

Less than half of directors are independent

Recent updates

Akumin Appoints Chandra Westergaard as General Counsel

Akumin Files Form 15

Akumin Inc. Announces Chief Financial Officer Changes

Nasdaq to Delist the Securities of Akumin

Akumin Inc. announced delayed 10-Q filing

Akumin Inc. announced delayed 10-Q filing

Akumin Inc.(OTCPK:AKUM.Q) dropped from NASDAQ Composite Index

Akumin Inc.(NasdaqCM:AKU) dropped from S&P TMI Index

Akumin Inc. Filed for Bankruptcy

Akumin Inc. Filed for Bankruptcy

Akumin Inc. Appoints Ronald J. Bienias to Serve as the Chief Restructuring Officer

Akumin Reaches Agreement with Stonepeak to Become A Private Company

Akumin Inc. Announces the Resignation of Rohit Navani as Chief Corporate Affairs Officer

Akumin Inc. Receives Non-Compliance Notice from Nasdaq

Second quarter 2023 earnings released: US$1.07 loss per share (vs US$0.34 loss in 2Q 2022)

Akumin Inc. to Report Q2, 2023 Results on Aug 09, 2023

New minor risk - Share price stability

Akumin Inc. Appoints Krishna Kumar as President and Chief Operating Officer of the Company, Effective as of June 16, 2023

First quarter 2023 earnings released: US$0.39 loss per share (vs US$0.35 loss in 1Q 2022)

Akumin Inc. to Report Q1, 2023 Results on May 10, 2023

Is Akumin (TSE:AKU) Using Too Much Debt?

Full year 2022 earnings released: US$1.75 loss per share (vs US$0.56 loss in FY 2021)

Akumin (TSE:AKU) Has A Somewhat Strained Balance Sheet

Less than half of directors are independent

Akumin Inc. Announces Management Appointments Effective January 1, 2023

Independent Director exercised options to buy CA$203k worth of stock.

Third quarter 2022 earnings released: US$0.60 loss per share (vs US$0.017 loss in 3Q 2021)

Akumin Inc. Provides Revenue Guidance for the Full-Year 2022

Akumin Inc. to Report Q3, 2022 Results on Nov 09, 2022

Akumin Inc.'s (TSE:AKU) Intrinsic Value Is Potentially 83% Above Its Share Price

Is Akumin (TSE:AKU) Using Too Much Debt?

Akumin Inc. Announces the Termination of Matthew Cameron, Chief Legal Officer and Corporate Secretary

Akumin Inc. Announces Chief Financial Officer Transition

Second quarter 2022 earnings released: US$0.34 loss per share (vs US$0.10 loss in 2Q 2021)

Akumin Inc. to Report Q2, 2022 Results on Aug 09, 2022

Akumin Receives Non-Compliance Letter from Nasdaq

First quarter 2022 earnings released: US$0.35 loss per share (vs US$0.041 loss in 1Q 2021)

Akumin (TSE:AKU) Use Of Debt Could Be Considered Risky

Akumin Inc., Annual General Meeting, Jun 30, 2022

Akumin Inc. to Report Q1, 2022 Results on May 10, 2022

Rhonda Longmore-Grund Resigns from the Board of Directors of Akumin Inc

Full year 2021 earnings: Revenues miss analyst expectations

A Look At The Fair Value Of Akumin Inc. (TSE:AKU)

Less than half of directors are independent

Akumin Inc. Provides Revenue Guidance for the Full-Year 2022

Akumin Inc. Provides Update on the Status of the Management Cease Trade Order Granted by the Ontario Securities Commission

Second quarter 2021 earnings released: US$0.10 loss per share (vs US$0.011 profit in 2Q 2020)

Lead Independent Director exercised options to buy CA$593k worth of stock.

First quarter 2021 earnings released: EPS US$0.01 (vs US$0.032 in 1Q 2020)

Akumin (TSE:AKU) Use Of Debt Could Be Considered Risky

Akumin Inc. (TSX:AKU) acquired Single clinic in South Florida.

Akumin Inc. Provides Revenues Guidance for the Year 2021

Akumin Inc., Annual General Meeting, May 13, 2021

Will The ROCE Trend At Akumin (TSE:AKU) Continue?

New 90-day high: CA$4.70

Is Akumin (TSE:AKU) Using Too Much Debt?

Akumin Inc. Enters into Settlement Agreement

New 90-day low: CA$3.78

Could The Akumin Inc. (TSE:AKU) Ownership Structure Tell Us Something Useful?

New 90-day low: CA$3.87

Have Insiders Been Selling Akumin Inc. (TSE:AKU) Shares This Year?

Will Akumin's (TSE:AKU) Growth In ROCE Persist?

Chairman recently sold CA$8.7m worth of stock

Revenue misses expectations

Third quarter 2020 earnings released: US$0.03 loss per share

New 90-day high: CA$4.88

New 90-day high: CA$4.68

New 90-day high: CA$4.00

Insider recently sold CA$520k worth of stock