Ardelyx, Inc.

DB:41X Stock Report

Market Cap: €1.0b

Ardelyx Management

Management criteria checks 2/4

Ardelyx's CEO is Mike Raab, appointed in Mar 2009, has a tenure of 15.67 years. total yearly compensation is $4.12M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth €5.29M. The average tenure of the management team and the board of directors is 4.2 years and 9.1 years respectively.

Key information

Mike Raab

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage17.0%
CEO tenure15.7yrs
CEO ownership0.5%
Management average tenure4.2yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Raab's remuneration changed compared to Ardelyx's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$73m

Jun 30 2024n/an/a

-US$65m

Mar 31 2024n/an/a

-US$66m

Dec 31 2023US$4mUS$700k

-US$66m

Sep 30 2023n/an/a

-US$27m

Jun 30 2023n/an/a

-US$56m

Mar 31 2023n/an/a

-US$66m

Dec 31 2022US$2mUS$650k

-US$67m

Sep 30 2022n/an/a

-US$114m

Jun 30 2022n/an/a

-US$135m

Mar 31 2022n/an/a

-US$153m

Dec 31 2021US$4mUS$650k

-US$158m

Sep 30 2021n/an/a

-US$151m

Jun 30 2021n/an/a

-US$125m

Mar 31 2021n/an/a

-US$105m

Dec 31 2020US$4mUS$633k

-US$94m

Sep 30 2020n/an/a

-US$85m

Jun 30 2020n/an/a

-US$91m

Mar 31 2020n/an/a

-US$91m

Dec 31 2019US$2mUS$595k

-US$95m

Sep 30 2019n/an/a

-US$103m

Jun 30 2019n/an/a

-US$104m

Mar 31 2019n/an/a

-US$100m

Dec 31 2018US$4mUS$575k

-US$91m

Sep 30 2018n/an/a

-US$53m

Jun 30 2018n/an/a

-US$50m

Mar 31 2018n/an/a

-US$53m

Dec 31 2017US$5mUS$555k

-US$64m

Compensation vs Market: Mike's total compensation ($USD4.12M) is above average for companies of similar size in the German market ($USD1.41M).

Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.

CEO

Mike Raab (59 yo)

15.7yrs

Tenure

US$4,118,144

Compensation

Mr. Michael G. Raab, also known as Mike, has been the Chief Executive Officer and President of Ardelyx, Inc. since March 2009. He is a Director of Tempest Therapeutics Inc. since May 2019 and its Chairman...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Raab
President15.7yrsUS$4.12m0.52%
€ 5.3m
Elizabeth Grammer
Chief Legal & Administrative Officer and Secretary10.5yrsUS$1.63m0.081%
€ 823.4k
Laura Williams
Chief Medical Officer4yrsUS$1.63m0.13%
€ 1.3m
Justin Renz
Chief Financial & Operations Officer4.4yrsUS$1.73m0.12%
€ 1.3m
Robert Felsch
Senior VP of Finance & Chief Accounting Officer2.7yrsno data0.039%
€ 391.9k
Caitlin Lowie
Vice President of Corporate Communications & Investor Relationsno datano datano data
Mike Kelliher
Executive Vice President of Corporate Development & Strategyless than a yearno datano data
Charon Spencer
Chief Human Resources Officer1.8yrsno datano data
David Rosenbaum
Chief Development Officer9.8yrsUS$1.63m0.23%
€ 2.3m
Robert Blanks
Chief Regulatory Affairs & Quality Assurance Officerno dataUS$1.70m0.13%
€ 1.4m
Susan Rodriguez
Advisor4.5yrsUS$1.04m0.19%
€ 1.9m
Eric Foster
Chief Commercial Officerless than a yearno datano data

4.2yrs

Average Tenure

60yo

Average Age

Experienced Management: 41X's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Raab
President15.7yrsUS$4.12m0.52%
€ 5.3m
David Mott
Independent Chairman of the Board15.7yrsUS$249.90k0.51%
€ 5.2m
William C. Bertrand
Independent Director9.1yrsUS$214.90k0.097%
€ 983.5k
Richard Rodgers
Independent Director10.7yrsUS$222.40k0.11%
€ 1.1m
Robert Bazemore
Independent Director8.4yrsUS$202.40kno data
Onaiza Cadoret-Manier
Independent Director4.7yrsUS$199.90k0.047%
€ 471.5k
Muna Bhanji
Independent Director3.7yrsUS$202.40k0.040%
€ 410.1k

9.1yrs

Average Tenure

59yo

Average Age

Experienced Board: 41X's board of directors are considered experienced (9.1 years average tenure).