Ardelyx Management
Management criteria checks 4/4
Ardelyx's CEO is Mike Raab, appointed in Mar 2009, has a tenure of 15.08 years. total yearly compensation is $1.95M, comprised of 33.4% salary and 66.6% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth €8.13M. The average tenure of the management team and the board of directors is 3.8 years and 8.2 years respectively.
Key information
Mike Raab
Chief executive officer
US$1.9m
Total compensation
CEO salary percentage | 33.4% |
CEO tenure | 15.2yrs |
CEO ownership | 0.6% |
Management average tenure | 3.9yrs |
Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -US$66m |
Sep 30 2023 | n/a | n/a | -US$27m |
Jun 30 2023 | n/a | n/a | -US$56m |
Mar 31 2023 | n/a | n/a | -US$66m |
Dec 31 2022 | US$2m | US$650k | -US$67m |
Sep 30 2022 | n/a | n/a | -US$114m |
Jun 30 2022 | n/a | n/a | -US$135m |
Mar 31 2022 | n/a | n/a | -US$153m |
Dec 31 2021 | US$4m | US$650k | -US$158m |
Sep 30 2021 | n/a | n/a | -US$151m |
Jun 30 2021 | n/a | n/a | -US$125m |
Mar 31 2021 | n/a | n/a | -US$105m |
Dec 31 2020 | US$4m | US$633k | -US$94m |
Sep 30 2020 | n/a | n/a | -US$85m |
Jun 30 2020 | n/a | n/a | -US$91m |
Mar 31 2020 | n/a | n/a | -US$91m |
Dec 31 2019 | US$2m | US$595k | -US$95m |
Sep 30 2019 | n/a | n/a | -US$103m |
Jun 30 2019 | n/a | n/a | -US$104m |
Mar 31 2019 | n/a | n/a | -US$100m |
Dec 31 2018 | US$4m | US$575k | -US$91m |
Sep 30 2018 | n/a | n/a | -US$53m |
Jun 30 2018 | n/a | n/a | -US$50m |
Mar 31 2018 | n/a | n/a | -US$53m |
Dec 31 2017 | US$5m | US$555k | -US$64m |
Compensation vs Market: Mike's total compensation ($USD1.95M) is about average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Raab (58 yo)
15.2yrs
Tenure
US$1,947,020
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 15.2yrs | US$1.95m | 0.57% $ 8.1m | |
Chief Commercial Officer | 4yrs | US$1.04m | 0.19% $ 2.7m | |
Chief Medical Officer | 3.5yrs | US$1.06m | 0.16% $ 2.3m | |
Chief Financial & Operations Officer and Treasurer | 3.9yrs | US$1.73m | 0.13% $ 1.8m | |
Senior VP of Finance & Chief Accounting Officer | 2.2yrs | no data | 0.079% $ 1.1m | |
Chief Legal & Administrative Officer and Secretary | 10yrs | US$1.73m | 0.13% $ 1.9m | |
Vice President of Corporate Communications & Investor Relations | no data | no data | no data | |
Executive Vice President of Corporate Development & Strategy | less than a year | no data | no data | |
Chief Human Resources Officer | 1.3yrs | no data | no data | |
Chief Development Officer | 9.3yrs | US$1.63m | 0.27% $ 3.8m | |
Chief Regulatory Affairs & Quality Assurance Officer | no data | US$1.70m | 0.16% $ 2.2m | |
Senior Director of Market Development | no data | no data | no data |
3.9yrs
Average Tenure
59yo
Average Age
Experienced Management: 41X's management team is considered experienced (3.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 15.2yrs | US$1.95m | 0.57% $ 8.1m | |
Independent Chairman of the Board | 15.2yrs | US$141.65k | 0.51% $ 7.2m | |
Independent Director | 8.6yrs | US$106.65k | 0.094% $ 1.3m | |
Independent Director | 6.2yrs | US$91.65k | 0.063% $ 885.5k | |
Independent Director | 10.2yrs | US$114.15k | 0.10% $ 1.4m | |
Independent Director | 7.9yrs | US$141.99k | no data | |
Independent Director | 4.2yrs | US$91.65k | 0.047% $ 664.4k | |
Independent Director | 3.2yrs | US$94.15k | 0.041% $ 577.8k |
8.3yrs
Average Tenure
58yo
Average Age
Experienced Board: 41X's board of directors are considered experienced (8.2 years average tenure).