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
| 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 |
|---|---|---|---|---|
| CEO & Director | 7.5yrs | US$2.80m | 0.86% € 5.5m | |
| CFO & Treasurer | 3.5yrs | US$1.13m | 0.25% € 1.6m | |
| Chief Operating Officer | 3.3yrs | US$1.46m | 0.15% € 977.0k | |
| Senior Advisor | 1.4yrs | US$791.08k | 0.31% € 2.0m | |
| Director of Investor Relations | 2.5yrs | no data | no data | |
| VP, General Counsel & Secretary | 1.4yrs | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Vice President of Global Human Resources | less than a year | no data | no data | |
| Chief Revenue Officer | 1.5yrs | no data | no data | |
| MD & VP of Greater China | 8.9yrs | no data | no data | |
| Head of Services - EMEA | 8.6yrs | no data | no data | |
| 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 |
|---|---|---|---|---|
| CEO & Director | 7.6yrs | US$2.80m | 0.86% € 5.5m | |
| Independent Chairman | 18.8yrs | US$251.56k | 0.34% € 2.2m | |
| Independent Director | 10yrs | US$231.56k | 0.33% € 2.1m | |
| Co-Founder & Director | 21.8yrs | US$208.56k | 0.045% € 291.5k | |
| Independent Director | 6.3yrs | US$216.56k | 0.26% € 1.7m | |
| Independent Director | 6.8yrs | US$221.56k | 0.072% € 462.9k | |
| Independent Director | 1.1yrs | no data | no data | |
| Board Observer | no data | no data | no data | |
| Independent Director | 1.6yrs | US$191.49k | 0.021% € 137.7k | |
| 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).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/15 23:36 |
| End of Day Share Price | 2022/11/14 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ChannelAdvisor Corporation is covered by 15 analysts. 5 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 |
|---|---|
| Colin Sebastian | Baird |
| Joel Fishbein | BMO Capital Markets Equity Research |
| Karl Keirstead | BMO Capital Markets U.S. (Historical) |