Braze Management

Management criteria checks 2/4

Braze's CEO is Bill Magnuson, appointed in Jan 2011, has a tenure of 13.42 years. total yearly compensation is $29.34M, comprised of 1.2% salary and 98.8% bonuses, including company stock and options. directly owns 3.44% of the company’s shares, worth €117.73M. The average tenure of the management team and the board of directors is 4.4 years and 3.8 years respectively.

Key information

Bill Magnuson

Chief executive officer

US$29.3m

Total compensation

CEO salary percentage	1.2%
CEO tenure	13.4yrs
CEO ownership	3.4%
Management average tenure	4.4yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Magnuson's remuneration changed compared to Braze's earnings?
Date	Total Compensation	Salary	Company Earnings
Apr 30 2024	n/a	n/a	-US$126m
Jan 31 2024	US$29m	US$350k	-US$129m
Oct 31 2023	n/a	n/a	-US$134m
Jul 31 2023	n/a	n/a	-US$137m
Apr 30 2023	n/a	n/a	-US$138m
Jan 31 2023	US$667k	US$450k	-US$139m
Oct 31 2022	n/a	n/a	-US$148m
Jul 31 2022	n/a	n/a	-US$124m
Apr 30 2022	n/a	n/a	-US$103m
Jan 31 2022	US$29m	US$350k	-US$77m
Oct 31 2021	n/a	n/a	-US$44m
Jul 31 2021	n/a	n/a	-US$44m
Apr 30 2021	n/a	n/a	-US$38m
Jan 31 2021	US$933k	US$315k	-US$32m

Compensation vs Market: Bill's total compensation ($USD29.34M) is above average for companies of similar size in the German market ($USD2.32M).

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

CEO

Bill Magnuson (36 yo)

13.4yrs

Tenure

US$29,342,548

Compensation

Mr. William Magnuson, also known as Bill, is Director at Rokt Corp. He is a Co-Founder of Braze, Inc. and serves as Chief Executive Officer since January 2017 and Director since August 2014 and serves as C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Magnuson	Co-Founder	13.4yrs	US$29.34m	3.44% $ 117.7m
Myles Kleeger	President & Chief Commercial Officer	7.5yrs	US$8.59m	1.22% $ 41.8m
Jonathan Hyman	Co-Founder & CTO	13.4yrs	US$8.41m	1.48% $ 50.7m
Isabelle Winkles	Chief Financial Officer	4.4yrs	US$4.42m	0.059% $ 2.0m
Susan Wiseman	General Counsel & Corporate Secretary	8.4yrs	US$3.17m	0.13% $ 4.5m
Pankaj Malik	Chief Accounting Officer	3yrs	no data	0.026% $ 883.8k
Christopher Ferris	Head of Investor Relations	no data	no data	no data
Priyanka Singh	Chief People Officer	1.4yrs	no data	no data
Kevin Wang	Chief Product Officer	no data	no data	no data
Astha Malik	Chief Business Officer	1.4yrs	no data	no data
Brian Wheeler	Senior Vice President of Engineering	less than a year	no data	no data

4.4yrs

Average Tenure

45yo

Average Age

Experienced Management: K43's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Magnuson	Co-Founder	9.8yrs	US$29.34m	3.44% $ 117.7m
Phillip Fernandez	Lead Independent Director	5.1yrs	US$317.12k	0.0051% $ 175.5k
David Obstler	Independent Director	3.1yrs	US$299.86k	0.049% $ 1.7m
Neeraj Agrawal	Independent Director	8.2yrs	US$284.90k	0.090% $ 3.1m
Douglas Pepper	Board Observer	no data	no data	0.084% $ 2.9m
Tara Levy	Independent Director	4.4yrs	US$294.86k	0.067% $ 2.3m
Yvonne Wassenaar	Director	no data	no data	no data
Fernando Machado	Independent Director	1.2yrs	US$341.42k	0% $ 0

3.8yrs

Average Tenure

51yo

Average Age

Experienced Board: K43's board of directors are considered experienced (3.8 years average tenure).

Braze Management

Management criteria checks 2/4

Key information

Recent management updates

Braze Announces Board and Committee Changes

Insufficient new directors

President & Chief Commercial Officer recently sold €354k worth of stock

Braze, Inc., Annual General Meeting, Jun 27, 2024

Co-Founder recently sold €634k worth of stock

Co-Founder recently sold €514k worth of stock

Recent updates

Braze, Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2024 and Updates Earnings Guidance for the Fiscal Year Ending January 31, 2025

New minor risk - Share price stability

First quarter 2025 earnings released: US$0.35 loss per share (vs US$0.40 loss in 1Q 2024)

Braze Announces Board and Committee Changes

Insufficient new directors

President & Chief Commercial Officer recently sold €354k worth of stock

Braze, Inc. to Report Q1, 2025 Results on Jun 06, 2024

Braze, Inc., Annual General Meeting, Jun 27, 2024

New minor risk - Share price stability

Full year 2024 earnings released: US$1.32 loss per share (vs US$1.47 loss in FY 2023)

Braze, Inc. Provides Earnings Guidance for the Fiscal First Quarter Ending April 30, 2024 and Fiscal Year Ending January 31, 2025

Braze, Inc. to Report Q4, 2024 Results on Mar 27, 2024

Co-Founder recently sold €634k worth of stock

Third quarter 2024 earnings released: US$0.31 loss per share (vs US$0.35 loss in 3Q 2023)

Braze, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024

Co-Founder recently sold €514k worth of stock

Braze, Inc. to Report Q3, 2024 Results on Dec 06, 2023

Braze Introduces Feature Flags and Unveils New Low-Code and Ai Product Innovations At Ninth Annual Forge Customer Conference

Braze, Inc. Provides Revenue Guidance for the Third Quarter and Full Year of 2024

Co-Founder recently sold €437k worth of stock

Braze, Inc. to Report Q2, 2024 Results on Sep 07, 2023

Braze Launches Braze Instant Insights, Suite of Snowflake Native Apps, in the Data Cloud

Braze Announces New Additions to Existing Artificial Intelligence Capabilities for Better Customer Engagement Across the User Journey

Braze, Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2023 and Full Year Ending January 31, 2024

First quarter 2024 earnings released: US$0.40 loss per share (vs US$0.42 loss in 1Q 2023)

Braze, Inc. (NasdaqGS:BRZE) acquired North Star.

Braze, Inc. to Report Q1, 2024 Results on Jun 08, 2023

Braze Announces Launch of New Suite of Productivity Features Designed to Increase Productivity and Help Brands Build Customer Relationships At Scale

Insider recently sold €1.4m worth of stock

Chief Accounting Officer recently sold €92k worth of stock

Full year 2023 earnings released: US$1.47 loss per share (vs US$2.20 loss in FY 2022)

Chief Accounting Officer recently sold €68k worth of stock

Insufficient new directors

Braze Announces the Appointments of Priyanka Singh as Chief People Officer, as Well as New Positions for Myles Kleeger, President & Chief Commercial Officer, and Astha Malik, Chief Business Officer

Third quarter 2023 earnings released: US$0.35 loss per share (vs US$0.42 loss in 3Q 2022)

Braze, Inc. Provides Revenue Guidance for the Fourth Quarter and Year of 2023

Braze, Inc. to Report Q3, 2023 Results on Dec 13, 2022

Chief Accounting Officer recently sold €51k worth of stock

Braze Unveils Real-Time Data Activation and Messaging Innovations at FORGE 2022 in Partnership with Snowflake and WhatsApp

Second quarter 2023 earnings released: US$0.35 loss per share (vs US$0.60 loss in 2Q 2022)

Braze, Inc. Provides Revenue Guidance for the Third Quarter and Year of 2023

Chief Accounting Officer recently sold €97k worth of stock

Braze Launches Next Generation Canvas Flow Tool to Help Brands Create Dynamic Cross-Channel Campaigns

Now 23% undervalued after recent price drop

Braze, Inc. Appoints Astha Malik as Chief Marketing Officer, Effective June 27, 2022

First quarter 2023 earnings released: US$0.42 loss per share (vs US$0.65 loss in 1Q 2022)

Braze, Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2022; Provides Earnings Guidance for the Year Ending January 31, 2023

Braze, Inc. to Report Q1, 2023 Results on Jun 13, 2022

Chief Accounting Officer recently sold €178k worth of stock

Braze, Inc., Annual General Meeting, Jun 30, 2022

Full year 2022 earnings released: US$2.20 loss per share (vs US$1.77 loss in FY 2021)

Braze, Inc. Announces Revenue Guidance for the First Quarter Ending April 30, 2022 and Fiscal Year Ending January 31, 2023

Braze, Inc. Announces Enhancements for Braze for Commerce

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age