Veracyte Management
Management criteria checks 2/4
Veracyte's CEO is Marc Stapley, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is $7.18M, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €4.91M. The average tenure of the management team and the board of directors is 2.8 years and 3.8 years respectively.
Key information
Marc Stapley
Chief executive officer
US$7.2m
Total compensation
| CEO salary percentage | 9.0% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$9m |
| Jun 30 2024 | n/a | n/a | -US$54m |
| Mar 31 2024 | n/a | n/a | -US$68m |
| Dec 31 2023 | US$7m | US$650k | -US$74m |
| Sep 30 2023 | n/a | n/a | -US$50m |
| Jun 30 2023 | n/a | n/a | -US$29m |
| Mar 31 2023 | n/a | n/a | -US$30m |
| Dec 31 2022 | US$5m | US$625k | -US$37m |
| Sep 30 2022 | n/a | n/a | -US$43m |
| Jun 30 2022 | n/a | n/a | -US$49m |
| Mar 31 2022 | n/a | n/a | -US$48m |
| Dec 31 2021 | US$6m | US$350k | -US$76m |
Compensation vs Market: Marc's total compensation ($USD7.18M) is above average for companies of similar size in the German market ($USD1.94M).
Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.
CEO
Marc Stapley (54 yo)
3.5yrs
Tenure
US$7,184,634
Compensation
Mr. Marc A. Stapley serves as Chief Executive Officer at Veracyte, Inc. since June 1, 2021 and serves as its Director since June 08, 2021. He served as the Chief Executive Officer of Helix OpCo, LLC from A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$7.18m | 0.16% € 4.9m | |
| Executive VP & CFO | 3.4yrs | US$2.78m | 0.028% € 836.4k | |
| Chief Scientific & Medical Officer | 1.2yrs | US$4.20m | 0.0034% € 102.7k | |
| Executive VP | 2.8yrs | US$2.48m | 0% € 0 | |
| Chief Commercial Officer | 2.3yrs | US$2.77m | 0.0049% € 149.7k | |
| Senior Vice President of Global Operations | less than a year | no data | no data | |
| VP & Chief Accounting Officer | 2.8yrs | no data | 0.0070% € 213.5k | |
| Senior VP & Chief Information Officer | 2.9yrs | no data | no data | |
| Senior Vice President of Corporate Marketing | less than a year | no data | no data | |
| Executive VP & Chief Business Officer | 3.4yrs | no data | no data | |
| Senior Vice President | 1.7yrs | no data | no data | |
| VP & Corporate Controller | 3.9yrs | US$1.29m | no data |
2.8yrs
Average Tenure
53yo
Average Age
Experienced Management: 12V's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$7.18m | 0.16% € 4.9m | |
| Independent Director | 12yrs | US$314.98k | 0.0091% € 275.2k | |
| Independent Director | 16.8yrs | US$314.98k | 0.030% € 896.3k | |
| Independent Chair | 9.9yrs | US$337.98k | 0.043% € 1.3m | |
| Independent Director | 4.3yrs | US$327.47k | 0.021% € 643.0k | |
| Director | less than a year | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 3.8yrs | US$299.98k | 0.030% € 902.9k | |
| Director | less than a year | no data | no data | |
| Independent Director | 2.3yrs | US$294.98k | 0.021% € 649.6k |
3.8yrs
Average Tenure
64yo
Average Age
Experienced Board: 12V's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Veracyte, Inc. is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sung Ji Nam | BTIG |
| Bryan Brokmeier | Cantor Fitzgerald & Co. |
| Matthew Sykes | Goldman Sachs |