BuzzFeed Management

Management criteria checks 3/4

BuzzFeed's CEO is Jonah Peretti, appointed in Jan 2006, has a tenure of 18.5 years. directly owns 3.58% of the company’s shares, worth €3.31M. The average tenure of the management team and the board of directors is 2.5 years and 2.6 years respectively.

Key information

Jonah Peretti

Chief executive officer

US$327.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	18.5yrs
CEO ownership	3.6%
Management average tenure	2.5yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jonah Peretti's remuneration changed compared to BuzzFeed's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$57m
Dec 31 2023	US$327k	n/a	-US$60m
Sep 30 2023	n/a	n/a	-US$115m
Jun 30 2023	n/a	n/a	-US$128m
Mar 31 2023	n/a	n/a	-US$124m
Dec 31 2022	US$376k	US$325k	-US$140m
Sep 30 2022	n/a	n/a	-US$80m
Jun 30 2022	n/a	n/a	-US$57m
Mar 31 2022	n/a	n/a	-US$34m
Dec 31 2021	US$491k	US$325k	-US$22m
Sep 30 2021	n/a	n/a	US$6m
Jun 30 2021	n/a	n/a	US$8m
Mar 31 2021	n/a	n/a	US$2m
Dec 31 2020	US$411k	US$225k	US$0

Compensation vs Market: Jonah's total compensation ($USD327.03K) is below average for companies of similar size in the German market ($USD496.69K).

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

CEO

Jonah Peretti (51 yo)

18.5yrs

Tenure

US$327,025

Compensation

Mr. Jonah Peretti serves as Chief Executive Officer and Director of BuzzFeed, Inc. since December 2021 and serves as Chairman of the Board. He founded Legacy Buzzfeed in 2006, served as Chief Executive Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jonah Peretti	Founder	18.5yrs	US$327.03k	3.58% € 3.3m
David Arroyo	Chief Legal & Compliance Officer and Corporate Secretary	2.5yrs	US$1.12m	0.20% € 182.8k
John Johnson	Co-Founder	18.5yrs	no data	3% € 2.8m
Matthew Omer	Chief Financial Officer	less than a year	no data	0.27% € 250.8k
Daniel Weinstein	Chief Accounting Officer	no data	no data	0.026% € 24.3k
Amita Tomkoria	Senior Vice President of Investor Relations	2.7yrs	no data	no data
Juliana Clifton	Vice President of Communications & Chief of Staff	less than a year	no data	no data
Andrew Guendjoian	Head of Sales	1.3yrs	no data	no data
Chandler Bondan	Chief People Officer	2.5yrs	no data	no data
Ken Blom	Chief Business Officer	2.5yrs	no data	no data
Richard Reid	Head of International & Head of Studio	2.5yrs	no data	no data
Danielle Belton	Editor-in-Chief of HuffPost	2.5yrs	no data	no data

2.5yrs

Average Tenure

51yo

Average Age

Experienced Management: 89E1's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonah Peretti	Founder	18.5yrs	US$327.03k	3.58% € 3.3m
Gregory Coleman	Non-Employee Director	2.6yrs	US$161.51k	0.92% € 855.8k
Janet Rolle	Independent Director	3.8yrs	US$207.35k	0.31% € 283.2k
Adam Rothstein	Independent Director	2.6yrs	US$237.06k	1.84% € 1.7m
Angela Acharia	Independent Director	2.6yrs	US$180.68k	0.24% € 225.4k

2.6yrs

Average Tenure

52yo

Average Age

Experienced Board: 89E1's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

BuzzFeed Management

Management criteria checks 3/4

Key information

Recent management updates

BuzzFeed, Inc., Annual General Meeting, Apr 25, 2024

BuzzFeed, Inc. Announces Resignation of Marcela Martin as President, Effective January 12, 2024

BuzzFeed, Inc. Announces Chief Financial Officer Changes

Co-Founder recently sold €122k worth of stock

High number of new directors

Buzzfeed, Inc. Announces Management Changes, Effective January 2, 2023

Recent updates

BuzzFeed, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Edge One Capital LP acquired an unknown stake in BuzzFeed, Inc. (NasdaqCM:BZFD).

Edge One Capital LP acquired an unknown stake in BuzzFeed, Inc. (NasdaqCM:BZFD).

BuzzFeed, Inc. to Report Q2, 2024 Results on Aug 12, 2024

BuzzFeed Complies with the Nasdaq Audit Committee Requirement

Vivek Ramaswamy Discloses his Views on BuzzFeed

Nasdaq Confirms BuzzFeed Regains Compliance with the Bid Price Requirement for Continued Listing on the Nasdaq Global Market Under Nasdaq Listing Rule 5550(a)(2)

BuzzFeed, Inc. Provides Earnings Guidance for the Second Quarter of 2024

BuzzFeed Receives Letter from the Nasdaq Regarding Non-Compliance with the Nasdaq Audit Committee Requirement

BuzzFeed, Inc. to Report Q1, 2024 Results on May 13, 2024

Independent Digital News and Media Limited agreed to acquire BUZZFEED UK limited from BuzzFeed, Inc. (NasdaqCM:BZFD).

Buzzfeed, Inc. Provides Earnings Guidance for the First Quarter 2024

BuzzFeed, Inc., Annual General Meeting, Apr 25, 2024

Buzzfeed, Inc. Revises Earnings Guidance for the Fourth Quarter Ended December 31, 2023

BuzzFeed, Inc. to Report Q4, 2023 Results on Mar 25, 2024

Vice’s Refinery29 and BuzzFeed’s Tasty Reportedly Are Up for Sale as Digital Media Contracts

BuzzFeed, Inc. Announces Resignation of Marcela Martin as President, Effective January 12, 2024

Buzzfeed's Common Stock to be Transferred from Nasdaq Global Market to the Nasdaq Capital Market as of the Opening of Business November 30, 2023

Buzzfeed's Common Stock to be Transferred from Nasdaq Global Market to the Nasdaq Capital Market as of the Opening of Business November 30, 2023

Third quarter 2023 earnings released: US$0.095 loss per share (vs US$0.19 loss in 3Q 2022)

BuzzFeed, Inc. Announces Chief Financial Officer Changes

BuzzFeed Reportedly in Advanced Talks to Sell Complex

BuzzFeed, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Co-Founder recently sold €122k worth of stock

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: US$0.19 loss per share (vs US$0.17 loss in 2Q 2022)

BuzzFeed, Inc. to Report Q2, 2023 Results on Aug 08, 2023

BuzzFeed Reportedly Weighs Potential Sale of Complex

BuzzFeed Receives A Letter from Nasdaq Regarding Bid Price Requirement

First quarter 2023 earnings released: US$0.26 loss per share (vs US$0.33 loss in 1Q 2022)

Buzzfeed, Inc. Provides Revenue Guidance for the Second Quarter 2023

Full year 2022 earnings released: US$1.46 loss per share (vs US$0.91 profit in FY 2021)

BuzzFeed, Inc. to Report Q4, 2022 Results on Mar 13, 2023

Now 42% undervalued

Third quarter 2022 earnings released: US$0.19 loss per share (vs US$0.20 loss in 3Q 2021)

High number of new directors

Buzzfeed, Inc. Announces Management Changes, Effective January 2, 2023

BuzzFeed, Inc. to Report Q3, 2022 Results on Nov 14, 2022

Second quarter 2022 earnings released: US$0.17 loss per share (vs US$0.01 loss in 2Q 2021)

Buzzfeed, Inc. Provides Revenue Guidance for Third Quarter 2022

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

Independent Director recently bought €218k worth of stock

Buzzfeed, Inc. Provides Earnings Guidance for the Second Quarter of 2022

First quarter 2022 earnings released: US$0.33 loss per share (vs US$0.23 loss in 1Q 2021)

BuzzFeed, Inc. Names Marcela Martin as President

High number of new directors

BuzzFeed, Inc. to Report Q1, 2022 Results on May 16, 2022

High number of new directors

BuzzFeed, Inc., Annual General Meeting, May 25, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age