Everspin Technologies, Inc.

LSE:0IJ3 Stock Report

Market Cap: US$136.9m

Everspin Technologies Management

Management criteria checks 2/4

Everspin Technologies' CEO is Sanjeev Aggarwal, appointed in Mar 2022, has a tenure of 2.75 years. total yearly compensation is $2.12M, comprised of 21.2% salary and 78.8% bonuses, including company stock and options. directly owns 0.87% of the company’s shares, worth $1.20M. The average tenure of the management team and the board of directors is 2.8 years and 2.8 years respectively.

Key information

Sanjeev Aggarwal

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage21.2%
CEO tenure2.8yrs
CEO ownership0.9%
Management average tenure2.8yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjeev Aggarwal's remuneration changed compared to Everspin Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2m

Jun 30 2024n/an/a

US$2m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$2mUS$450k

US$9m

Sep 30 2023n/an/a

US$8m

Jun 30 2023n/an/a

US$7m

Mar 31 2023n/an/a

US$5m

Dec 31 2022US$2mUS$400k

US$6m

Sep 30 2022n/an/a

US$9m

Jun 30 2022n/an/a

US$8m

Mar 31 2022n/an/a

US$7m

Dec 31 2021US$812kUS$269k

US$4m

Sep 30 2021n/an/a

-US$915k

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$416kUS$251k

-US$9m

Compensation vs Market: Sanjeev's total compensation ($USD2.12M) is above average for companies of similar size in the UK market ($USD348.94K).

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


CEO

Sanjeev Aggarwal (57 yo)

2.8yrs

Tenure

US$2,121,773

Compensation

Dr. Sanjeev Aggarwal, Ph D., serves as President & Chief Executive Officer of Everspin Technologies, Inc. since March 14, 2022 and serves as Director since March 2022 and served as its Director from March...


Leadership Team

NamePositionTenureCompensationOwnership
Sanjeev Aggarwal
President2.8yrsUS$2.12m0.87%
$ 1.2m
David Schrenk
Vice President of Sales & Business Development2.8yrsUS$669.41k0.43%
$ 585.8k
Matthew Tenorio
Interim Chief Financial Officerless than a yearno data0.027%
$ 36.9k
Amit Shah
Vice President of Operations2.8yrsno datano data
Kerry Nagel
Vice President of Technology2.8yrsno datano data
Aparna Oka
Corporate Controllerno datano datano data

2.8yrs

Average Tenure

57yo

Average Age

Experienced Management: 0IJ3's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sanjeev Aggarwal
President2.8yrsUS$2.12m0.87%
$ 1.2m
Lawrence Finch
Independent Director16.5yrsUS$179.99k1.98%
$ 2.7m
Douglas Mitchell
Independent Directorless than a yearno datano data
Geoffrey Ribar
Independent Director6yrsUS$195.00k0.37%
$ 500.0k
Tara Long
Independent Director2.8yrsUS$62.50k0.11%
$ 145.8k
Darin Billerbeck
Chairman of the Board6.3yrsUS$241.67k0.47%
$ 646.3k
Glen Hawk
Independent Director2.8yrsUS$65.00k0.11%
$ 145.8k

2.8yrs

Average Tenure

64yo

Average Age

Experienced Board: 0IJ3's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:13
End of Day Share Price 2024/12/19 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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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

Everspin Technologies, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew RamsayCanaccord Genuity
Richard ShannonCraig-Hallum Capital Group LLC
Nathaniel Quinn BoltonNeedham & Company