ChannelAdvisor Management

Management criteria checks 3/4

ChannelAdvisor's CEO is David Spitz, appointed in May 2015, has a tenure of 7.5 years. total yearly compensation is $2.80M, comprised of 15.3% salary and 84.7% bonuses, including company stock and options. directly owns 0.86% of the company’s shares, worth €5.55M. The average tenure of the management team and the board of directors is 2.5 years and 6.8 years respectively.

Key information

David Spitz

Chief executive officer

US$2.8m

Total compensation

CEO salary percentage	15.3%
CEO tenure	7.5yrs
CEO ownership	0.9%
Management average tenure	2.5yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Spitz's remuneration changed compared to ChannelAdvisor's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2022	n/a	n/a	US$37m
Jun 30 2022	n/a	n/a	US$41m
Mar 31 2022	n/a	n/a	US$44m
Dec 31 2021	US$3m	US$429k	US$47m
Sep 30 2021	n/a	n/a	US$20m
Jun 30 2021	n/a	n/a	US$20m
Mar 31 2021	n/a	n/a	US$22m
Dec 31 2020	US$2m	US$411k	US$19m
Sep 30 2020	n/a	n/a	US$18m
Jun 30 2020	n/a	n/a	US$16m
Mar 31 2020	n/a	n/a	US$8m
Dec 31 2019	US$2m	US$411k	US$3m
Sep 30 2019	n/a	n/a	-US$1m
Jun 30 2019	n/a	n/a	-US$5m
Mar 31 2019	n/a	n/a	-US$7m
Dec 31 2018	US$2m	US$411k	-US$8m
Sep 30 2018	n/a	n/a	-US$9m
Jun 30 2018	n/a	n/a	-US$10m
Mar 31 2018	n/a	n/a	-US$12m
Dec 31 2017	US$2m	US$409k	-US$17m
Sep 30 2017	n/a	n/a	-US$10m
Jun 30 2017	n/a	n/a	-US$9m
Mar 31 2017	n/a	n/a	-US$11m
Dec 31 2016	US$2m	US$400k	-US$8m
Sep 30 2016	n/a	n/a	-US$15m
Jun 30 2016	n/a	n/a	-US$17m
Mar 31 2016	n/a	n/a	-US$17m
Dec 31 2015	US$4m	US$350k	-US$21m

Compensation vs Market: David's total compensation ($USD2.80M) is above average for companies of similar size in the German market ($USD1.19M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Spitz (49 yo)

7.5yrs

Tenure

US$2,800,132

Compensation

Mr. David J. Spitz has been Senior Advisor at Susquehanna Growth Equity, LLC since joining the firm in September 2020 and is in its Portfolio Value Creation team. He mentors and supports SGE portfolio comp...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Spitz	CEO & Director	7.5yrs	US$2.80m	0.86% $ 5.5m
Richard Cornetta	CFO & Treasurer	3.5yrs	US$1.13m	0.25% $ 1.6m
Elizabeth Segovia	Chief Operating Officer	3.3yrs	US$1.46m	0.15% $ 977.0k
Diana Allen	Senior Advisor	1.4yrs	US$791.08k	0.31% $ 2.0m
Raiford Garrabrant	Director of Investor Relations	2.5yrs	no data	no data
Kathryn Twiddy	VP, General Counsel & Secretary	1.4yrs	no data	no data
Mike Shapaker	Chief Marketing Officer	no data	no data	no data
Stephanie Levin	Vice President of Global Human Resources	less than a year	no data	no data
Paul Colucci	Chief Revenue Officer	1.5yrs	no data	no data
James Huang	MD & VP of Greater China	8.9yrs	no data	no data
Michal Kaluzynski	Head of Services - EMEA	8.6yrs	no data	no data
Vladi Shlesman	Managing Director of EMEA	2.3yrs	no data	no data

2.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: CDL's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Spitz	CEO & Director	7.6yrs	US$2.80m	0.86% $ 5.5m
Timothy Buckley	Independent Chairman	18.8yrs	US$251.56k	0.34% $ 2.2m
Timothy Williams	Independent Director	10yrs	US$231.56k	0.33% $ 2.1m
Mitchell Wingo	Co-Founder & Director	21.8yrs	US$208.56k	0.045% $ 291.5k
Joseph Cowan	Independent Director	6.3yrs	US$216.56k	0.26% $ 1.7m
Janet Cowell	Independent Director	6.8yrs	US$221.56k	0.072% $ 462.9k
Himanshu Palsule	Independent Director	1.1yrs	no data	no data
Jon Sakoda	Board Observer	no data	no data	no data
Linda Crawford	Independent Director	1.6yrs	US$191.49k	0.021% $ 137.7k
Marshall Heinberg	Independent Director	2.9yrs	US$218.06k	0.067% $ 427.9k

6.8yrs

Average Tenure

58yo

Average Age

Experienced Board: CDL's board of directors are considered experienced (6.8 years average tenure).

ChannelAdvisor Management

Management criteria checks 3/4

Key information

Recent management updates

ChannelAdvisor Corporation Announces Board Changes

ChannelAdvisor Corporation Appoints Darren Fifield as Managing Director of APAC Region

Co-Founder & Director recently sold €186k worth of stock

ChannelAdvisor Corporation, Annual General Meeting, May 13, 2022

ChannelAdvisor Corporation, Annual General Meeting, May 13, 2022

Co-Founder & Director recently sold €506k worth of stock

Recent updates

ChannelAdvisor Corporation Announces Board Changes

ChannelAdvisor to Be Delisted from the Public Markets

Commerce Technologies, LLC entered into a definitive agreement to acquire ChannelAdvisor Corporation (NYSE:ECOM) for approximately $710 million.

Second quarter 2022 earnings released: EPS: US$0.061 (vs US$0.15 in 2Q 2021)

ChannelAdvisor Corporation Provides Earnings Guidance for the Second Quarter and Full Year of 2022

ChannelAdvisor Corporation Appoints Darren Fifield as Managing Director of APAC Region

ChannelAdvisor Corporation to Report Q2, 2022 Results on Aug 09, 2022

Channeladvisor Launches New Integrations to Help Brands Effectively Scale Retail Media and Selling Operations

ChannelAdvisor Corporation (NYSE:ECOM) announces an Equity Buyback for $25 million worth of its shares.

Co-Founder & Director recently sold €186k worth of stock

First quarter 2022 earnings released: EPS: US$0.06 (vs US$0.19 in 1Q 2021)

ChannelAdvisor Corporation to Report Q1, 2022 Results on May 06, 2022

ChannelAdvisor Corporation, Annual General Meeting, May 13, 2022

ChannelAdvisor Corporation, Annual General Meeting, May 13, 2022

Investor sentiment deteriorated over the past week

ChannelAdvisor Corporation Provides Earnings Guidance for the First Quarter of 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS US$0.12 (vs US$0.13 in 3Q 2020)

ChannelAdvisor Adds Support For eBay Promoted Listings AdvancedBETA, Helping Brands And Retailers Boost Product Visibility And Drive Online Sales

ChannelAdvisor Expands Suite of Channel Connections and Multichannel Solutions, Enabling Brands and Retailers to Engage More Active Consumers

ChannelAdvisor Corporation Provides Earnings Guidance for the Third Quarter of Fiscal Year 2021

ChannelAdvisor Adopts Flexible Work Policy, Begins Office Reopening

ChannelAdvisor Corporation(NYSE:ECOM) dropped from Russell 2000 Growth-Defensive Index

Co-Founder & Director recently sold €506k worth of stock

Independent Director recently sold €376k worth of stock

Independent Director has left the company

First quarter 2021 earnings released: EPS US$0.19 (vs US$0.071 in 1Q 2020)

ChannelAdvisor Corporation Provides Earnings Guidance for the Second Quarter of 2021

ChannelAdvisor Corporation Announces New Features Designed to Improve Product Visibility and Connect Brands and Retailers with More Consumers

Co-Founder & Director recently sold €590k worth of stock

Independent Director recently sold €242k worth of stock

Google Selects ChannelAdvisor Corporation as Google International Growth Partner

Independent Chairman recently sold €372k worth of stock

Revenue beats expectations

Full year 2020 earnings released: EPS US$0.66 (vs US$0.13 in FY 2019)

Investor sentiment improved over the past week

New 90-day high: €17.60

ChannelAdvisor Corporation to Report Q4, 2020 Results on Feb 11, 2021

New 90-day high: €15.70

ChannelAdvisor Corporation Announces Platform Enhancements Designed to Optimize Retail Product Content and Improve Operational Efficiency

ChannelAdvisor Corporation Appoints Amy Rumford as Vice President, Global Services

Co-Founder & Director recently sold €1.2m worth of stock

New 90-day low: €11.30

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.13

Marc Huffman Not to Stand for Re-Election to the ChannelAdvisor's Board of Directors

ChannelAdvisor Corporation to Report Q3, 2020 Results on Nov 05, 2020

ChannelAdvisor Introduces 'Shoppable Media', a Comprehensive Suite of Multi-Channel Solutions for Brands

ChannelAdvisor Corporation to Report Q2, 2019 Results on Aug 08, 2019

New 90-day low: €11.50

ChannelAdvisor Corporation (NYSE:ECOM) completed the acquisition of BlueBoard SAS.

ChannelAdvisor Corporation to Report Q2, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age