Ardelyx Management
Management criteria checks 2/4
Ardelyx's CEO is Mike Raab, appointed in Mar 2009, has a tenure of 16.17 years. total yearly compensation is $9.61M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth €5.52M. The average tenure of the management team and the board of directors is 4.7 years and 9.3 years respectively.
Key information
Mike Raab
Chief executive officer
US$9.6m
Total compensation
| CEO salary percentage | 8.02% |
| CEO tenure | 16.2yrs |
| CEO ownership | 0.7% |
| Management average tenure | 4.7yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$54m |
| Dec 31 2024 | US$10m | US$770k | -US$39m |
| Sep 30 2024 | n/a | n/a | -US$73m |
| Jun 30 2024 | n/a | n/a | -US$65m |
| Mar 31 2024 | n/a | n/a | -US$66m |
| Dec 31 2023 | US$4m | US$700k | -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$91m |
Compensation vs Market: Mike's total compensation ($USD9.61M) is above average for companies of similar size in the German market ($USD1.19M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Raab (59 yo)
Mr. Michael G. Raab, also known as Mike, has been the Chief Executive Officer and President of Ardelyx, Inc. since March 2009. He is Independent Chairman of the Board of Tempest Therapeutics Inc. since Jun...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 16.2yrs | US$9.61m | 0.66% € 5.5m | |
| Chief Financial & Operations Officer | 4.9yrs | US$2.98m | 0.17% € 1.5m | |
| Chief Legal & Administrative Officer and Secretary | 11yrs | US$2.97m | 0.13% € 1.1m | |
| Executive Vice President of Corporate Development & Strategy | 1.2yrs | US$3.09m | 0% € 0 | |
| Chief Patient Officer | 4.5yrs | US$2.83m | 0.17% € 1.4m | |
| Senior VP of Finance & Principal Accounting Officer | less than a year | no data | no data | |
| Vice President of Corporate Communications & Investor Relations | no data | no data | no data | |
| Head of Drug Discovery and Early Development | 10.3yrs | US$1.63m | 0.22% € 1.8m | |
| Chief Commercial Officer | less than a year | no data | 0.13% € 1.1m |
Experienced Management: 41X's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 16.2yrs | US$9.61m | 0.66% € 5.5m | |
| Independent Chairman of the Board | 16.2yrs | US$310.00k | 1.04% € 8.8m | |
| Independent Director | 9.6yrs | US$270.00k | 0.096% € 806.8k | |
| Independent Director | 11.2yrs | US$277.50k | 0.15% € 1.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 8.9yrs | US$202.40k | no data | |
| Independent Director | 5.2yrs | US$255.00k | 0.046% € 386.8k | |
| Independent Director | 4.2yrs | US$257.50k | 0.040% € 336.4k |
Experienced Board: 41X's board of directors are considered experienced (9.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/28 22:13 |
| End of Day Share Price | 2025/05/27 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ardelyx, Inc. is covered by 19 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 |
|---|---|
| Julian Harrison | BTIG |
| Prakhar Agrawal | Cantor Fitzgerald & Co. |
| Yigal Nochomovitz | Citigroup Inc |