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Avid Technology Management
Management criteria checks 3/4
Avid Technology's CEO is Jeff Rosica, appointed in Dec 2016, has a tenure of 6.92 years. total yearly compensation is $3.15M, comprised of 17.5% salary and 82.5% bonuses, including company stock and options. directly owns 2.78% of the company’s shares, worth €30.99M. The average tenure of the management team and the board of directors is 3 years and 7.8 years respectively.
Key information
Jeff Rosica
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 17.5% |
| CEO tenure | 6.9yrs |
| CEO ownership | 2.8% |
| Management average tenure | 3yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$13m |
| Jun 30 2023 | n/a | n/a | US$32m |
| Mar 31 2023 | n/a | n/a | US$44m |
| Dec 31 2022 | US$3m | US$550k | US$55m |
| Sep 30 2022 | n/a | n/a | US$45m |
| Jun 30 2022 | n/a | n/a | US$48m |
| Mar 31 2022 | n/a | n/a | US$48m |
| Dec 31 2021 | US$4m | US$550k | US$41m |
| Sep 30 2021 | n/a | n/a | US$33m |
| Jun 30 2021 | n/a | n/a | US$26m |
| Mar 31 2021 | n/a | n/a | US$21m |
| Dec 31 2020 | US$3m | US$487k | US$11m |
| Sep 30 2020 | n/a | n/a | US$19m |
| Jun 30 2020 | n/a | n/a | US$15m |
| Mar 31 2020 | n/a | n/a | US$2m |
| Dec 31 2019 | US$714k | US$550k | US$8m |
| Sep 30 2019 | n/a | n/a | -US$2m |
| Jun 30 2019 | n/a | n/a | -US$4m |
| Mar 31 2019 | n/a | n/a | -US$2m |
| Dec 31 2018 | US$5m | US$550k | -US$11m |
| Sep 30 2018 | n/a | n/a | -US$17m |
| Jun 30 2018 | n/a | n/a | -US$18m |
| Mar 31 2018 | n/a | n/a | -US$21m |
| Dec 31 2017 | US$2m | US$450k | -US$14m |
| Sep 30 2017 | n/a | n/a | -US$7m |
| Jun 30 2017 | n/a | n/a | US$2m |
| Mar 31 2017 | n/a | n/a | US$25m |
| Dec 31 2016 | US$2m | US$396k | US$48m |
Compensation vs Market: Jeff's total compensation ($USD3.15M) is above average for companies of similar size in the German market ($USD1.19M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Rosica (61 yo)
6.9yrs
Tenure
US$3,150,569
Compensation
Mr. Jeffrey Rosica, also known as Jeff, has been President of at Avid Technology, Inc. since December 2016 and its Chief Executive Officer since February 25, 2018. He has been Director of Avid Technology,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.9yrs | US$3.15m | 2.78% € 31.0m | |
| Executive VP | 5.5yrs | US$1.71m | 0.80% € 8.9m | |
| CTO & Senior VP | 3yrs | US$1.32m | 0.056% € 619.2k | |
| Chief Revenue Officer & Senior VP | no data | US$1.42m | 0.50% € 5.5m | |
| Senior VP and GM of Video & Media Solutions | 3yrs | US$1.14m | 0.22% € 2.5m | |
| Senior Vice President of Operations & Supply Chain | 3.8yrs | no data | no data | |
| VP & Chief Accounting Officer | 1.3yrs | no data | 0.037% € 406.8k | |
| Corporate Secretary | 3.3yrs | no data | no data | |
| Chief Human Resources Officer & SVP | 1.4yrs | no data | no data | |
| Senior VP & GM of Audio and Music Solutions | 1.2yrs | no data | 0.014% € 151.8k | |
| Senior VP & Chief Customer Officer | less than a year | no data | no data | |
| Avid Audio Evangelist & New Business Development | no data | no data | no data |
3.0yrs
Average Tenure
53yo
Average Age
Experienced Management: AVD's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.7yrs | US$3.15m | 2.78% € 31.0m | |
| Independent Director | 18.8yrs | US$216.49k | 0.34% € 3.8m | |
| Independent Director | 26.1yrs | US$232.21k | 0.28% € 3.1m | |
| Independent Director | 8.3yrs | US$226.12k | 0.28% € 3.1m | |
| Independent Director | 7.8yrs | US$240.47k | 0.14% € 1.6m | |
| Independent Director | 14.1yrs | US$228.05k | 1.62% € 18.0m | |
| Independent Chairman | 6.5yrs | US$260.25k | 0.20% € 2.2m | |
| Independent Director | 5.7yrs | US$219.40k | 0.16% € 1.7m | |
| Independent Director | 4.1yrs | US$216.05k | 0% € 0 |
7.8yrs
Average Tenure
59yo
Average Age
Experienced Board: AVD's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/09 04:32 |
| End of Day Share Price | 2023/11/06 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Avid Technology, Inc. is covered by 12 analysts. 3 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 |
|---|---|
| Barbara Coffey | Brigantine Advisors |
| Michael Nichols | B. Riley Securities, Inc. |
| Jeffrey Rath | Canaccord Genuity |