Ardelyx, Inc.

DB:41X Stock Report

Market Cap: €1.1b

Ardelyx Management

Management criteria checks 2/4

Ardelyx's CEO is Mike Raab, appointed in Mar 2009, has a tenure of 15.75 years. total yearly compensation is $4.12M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth €5.28M. The average tenure of the management team and the board of directors is 4.3 years and 9.2 years respectively.

Key information

Mike Raab

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage17.0%
CEO tenure15.8yrs
CEO ownership0.5%
Management average tenure4.3yrs
Board average tenure9.2yrs

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 ($USD4.12M) is above average for companies of similar size in the German market ($USD1.45M).

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

CEO

Mike Raab (59 yo)

15.8yrs

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
President15.8yrsUS$4.12m0.50%
€ 5.3m
Elizabeth Grammer
Chief Legal & Administrative Officer and Secretary10.6yrsUS$1.63m0.078%
€ 833.1k
Laura Williams
Chief Medical Officer4.1yrsUS$1.63m0.13%
€ 1.4m
Justin Renz
Chief Financial & Operations Officer4.5yrsUS$1.73m0.12%
€ 1.3m
Joseph Reilly
Senior VP of Finance & Principal Accounting Officerless than a yearno datano data
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 Officer1.9yrsno datano data
David Rosenbaum
Chief Development Officer9.9yrsUS$1.63m0.22%
€ 2.4m
Robert Blanks
Chief Regulatory Affairs & Quality Assurance Officerno dataUS$1.70m0.13%
€ 1.4m
Susan Rodriguez
Advisor4.6yrsUS$1.04m0.19%
€ 2.0m
Eric Foster
Chief Commercial Officerless than a yearno datano data

4.3yrs

Average Tenure

60yo

Average Age

Experienced Management: 41X's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Raab
President15.8yrsUS$4.12m0.50%
€ 5.3m
David Mott
Independent Chairman of the Board15.8yrsUS$249.90k0.60%
€ 6.4m
William C. Bertrand
Independent Director9.2yrsUS$214.90k0.097%
€ 1.0m
Richard Rodgers
Independent Director10.8yrsUS$222.40k0.11%
€ 1.1m
Robert Bazemore
Independent Director8.5yrsUS$202.40kno data
Onaiza Cadoret-Manier
Independent Director4.8yrsUS$199.90k0.047%
€ 495.2k
Muna Bhanji
Independent Director3.8yrsUS$202.40k0.040%
€ 430.6k

9.2yrs

Average Tenure

59yo

Average Age

Experienced Board: 41X's board of directors are considered experienced (9.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 09:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Industry and Sector Metrics

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Analyst Sources

Ardelyx, Inc. is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy ChiangBTIG
Mara GoldsteinCantor Fitzgerald & Co.
Louise ChenCantor Fitzgerald & Co.