Five9 Management

Management criteria checks 3/4

Five9's CEO is Mike Burkland, appointed in Nov 2022, has a tenure of 16.83 years. total yearly compensation is $1.20M, comprised of 48.9% salary and 51.1% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth $15.60M. The average tenure of the management team and the board of directors is 1.9 years and 9.2 years respectively.

Key information

Mike Burkland

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage	48.9%
CEO tenure	2yrs
CEO ownership	0.5%
Management average tenure	1.9yrs
Board average tenure	9.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Burkland's remuneration changed compared to Five9's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$37m
Jun 30 2024	n/a	n/a	-US$53m
Mar 31 2024	n/a	n/a	-US$62m
Dec 31 2023	US$1m	US$585k	-US$82m
Sep 30 2023	n/a	n/a	-US$83m
Jun 30 2023	n/a	n/a	-US$86m
Mar 31 2023	n/a	n/a	-US$88m
Dec 31 2022	US$39m	US$55k	-US$95m
Sep 30 2022	n/a	n/a	-US$85m
Jun 30 2022	n/a	n/a	-US$82m
Mar 31 2022	n/a	n/a	-US$75m
Dec 31 2021	US$345k	n/a	-US$53m
Sep 30 2021	n/a	n/a	-US$57m
Jun 30 2021	n/a	n/a	-US$48m
Mar 31 2021	n/a	n/a	-US$47m
Dec 31 2020	US$299k	n/a	-US$42m
Sep 30 2020	n/a	n/a	-US$34m
Jun 30 2020	n/a	n/a	-US$24m
Mar 31 2020	n/a	n/a	-US$10m
Dec 31 2019	US$579k	n/a	-US$5m
Sep 30 2019	n/a	n/a	-US$2m
Jun 30 2019	n/a	n/a	-US$1m
Mar 31 2019	n/a	n/a	-US$2m
Dec 31 2018	US$793k	n/a	-US$221k
Sep 30 2018	n/a	n/a	-US$5m
Jun 30 2018	n/a	n/a	-US$2m
Mar 31 2018	n/a	n/a	-US$4m
Dec 31 2017	US$4m	US$505k	-US$9m

Compensation vs Market: Mike's total compensation ($USD1.20M) is below average for companies of similar size in the UK market ($USD2.78M).

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

CEO

Mike Burkland (61 yo)

2yrs

Tenure

US$1,195,211

Compensation

Mr. Michael Burkland, also known as Mike, MBA, serves as Independent Director of OneStream, Inc. since April 2019. He serves as Director of ReliaQuest, LLC since July 2021. He serves as Director of OneStre...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Burkland	CEO & Chairman	2yrs	US$1.20m	0.51% $ 15.6m
Barry Zwarenstein	Chief Financial Officer	12.8yrs	US$3.88m	0.25% $ 7.5m
Andy Dignan	Chief Operating Officer	less than a year	US$5.31m	0.16% $ 4.8m
Daniel Burkland	EVP of Go-to-Market Strategy	no data	US$4.25m	0.17% $ 5.2m
Panos Kozanian	Executive Vice President of Product Engineering	3.8yrs	US$4.01m	0.10% $ 3.1m
Leena Mansharamani	Chief Accounting Officer & Corporate Controller	7.3yrs	no data	0.049% $ 1.5m
Jonathan Rosenberg	CTO & Head of AI	5.8yrs	US$3.28m	no data
Niki Hall	Chief Marketing Officer	1.1yrs	no data	no data
Tricia Yankovich	Chief People Officer	1.8yrs	no data	no data
James Doran	Executive Vice President of Strategy & Operations	no data	US$3.16m	no data
Callan Schebella	Executive Vice President of Product Management	no data	no data	no data
Ajay Awatramani	Chief Product Officer	less than a year	no data	no data

1.9yrs

Average Tenure

54yo

Average Age

Experienced Management: 0TMV's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Burkland	CEO & Chairman	16.8yrs	US$1.20m	0.51% $ 15.6m
Robert Zollars	Independent Director	10.9yrs	US$254.42k	0.093% $ 2.8m
Michael Burdiek	Independent Director	9.2yrs	US$252.36k	0.021% $ 629.4k
David Welsh	Lead Independent Director	13.8yrs	US$263.84k	0.019% $ 586.3k
Jonathan Mariner	Independent Director	1.5yrs	US$627.02k	no data
Julie Iskow	Independent Director	1.8yrs	US$481.29k	0.012% $ 375.4k
Susan Barsamian	Independent Director	3.8yrs	US$252.36k	0.016% $ 488.0k
Jack Acosta	Independent Director	13.6yrs	US$254.96k	0.051% $ 1.5m
Maria Walker	Director	less than a year	no data	0.015% $ 461.6k

9.2yrs

Average Tenure

65yo

Average Age

Experienced Board: 0TMV's board of directors are considered experienced (9.2 years average tenure).

Five9 Management

Management criteria checks 3/4

Key information

Recent management updates

Five9 Appoints Ajay Awatramani as Chief Product Officer

CEO & Chairman recently sold US$573k worth of stock

Five9, Inc., Annual General Meeting, May 14, 2024

CEO & Chairman recently sold US$2.1m worth of stock

Five9, Inc. Announces the Appointment of Niki Hall as Chief Marketing Officer

Chief Financial Officer recently sold US$426k worth of stock

Recent updates

Five9 Unveils AI Agents to Redefine Hyper-Personalized Self-Service CX

Third quarter 2024 earnings released: US$0.06 loss per share (vs US$0.28 loss in 3Q 2023)

Five9, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024

Five9 Appoints Ajay Awatramani as Chief Product Officer

Five9, Inc. to Report Q3, 2024 Results on Nov 07, 2024

Second quarter 2024 earnings released: US$0.17 loss per share (vs US$0.30 loss in 2Q 2023)

Five9, Inc. (NasdaqGM:FIVN) agreed to acquire Acqueon Technologies, Inc. from Cisco Investments, Everstone Capital Asia Pte Ltd, Long Ridge Equity Partners LLC and ORIX Growth Capital, LLC.

Five9, Inc. (NasdaqGM:FIVN) acquired Calabrio, Inc.

Anson Funds Management Urges Five9 to Consider a Sale

CEO & Chairman recently sold US$573k worth of stock

New major risk - Shareholder dilution

First quarter 2024 earnings released: US$0.096 loss per share (vs US$0.38 loss in 1Q 2023)

Five9, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024

Five9, Inc. to Report Q1, 2024 Results on May 02, 2024

Five9, Inc., Annual General Meeting, May 14, 2024

Five9 Launches GenAI Studio

Forecast to breakeven in 2026

New minor risk - Profitability

CEO & Chairman recently sold US$2.1m worth of stock

Five9, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

Full year 2023 earnings released: US$1.14 loss per share (vs US$1.35 loss in FY 2022)

Forecast to breakeven in 2026

Five9, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Five9 Announces Availability of Intelligent CX Platform on Google Cloud Marketplace

Five9 Reportedly Weighs Sale Two Years After Failed Zoom Deal

Five9 Announces Five9 One Student to Help Higher Education Answer the Call for Better Student Engagement

New minor risk - Share price stability

Five9, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings released: US$0.28 loss per share (vs US$0.33 loss in 3Q 2022)

Five9, Inc. Announces the Appointment of Niki Hall as Chief Marketing Officer

Five9, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Chief Financial Officer recently sold US$426k worth of stock

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: US$0.30 loss per share (vs US$0.34 loss in 2Q 2022)

Five9, Inc. (NasdaqGM:FIVN) agreed to acquire Aceyus, Inc. for $82 million.

Five9, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Chief Financial Officer recently sold US$551k worth of stock

Five9, Inc. Announces Appointment of Jonathan Mariner to the Board of Directors

Five9, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023

First quarter 2023 earnings released: US$0.38 loss per share (vs US$0.49 loss in 1Q 2022)

Chief Financial Officer recently sold US$137k worth of stock

Full year 2022 earnings released: US$1.35 loss per share (vs US$0.79 loss in FY 2021)

Now 21% undervalued

Five9, Inc. Announces Board Changes

Five9, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Insider recently sold US$135k worth of stock

Five9, Inc. Elevates Omni-Channel Customer Engagement with Innovations in Digital Self-Service, AI Design, and Analytics

Third quarter 2022 earnings released: US$0.33 loss per share (vs US$0.30 loss in 3Q 2021)

Five9, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022

Five9, Inc. Announces CEO Changes

President recently sold US$396k worth of stock

Independent Director recently sold US$142k worth of stock

Second quarter 2022 earnings released: US$0.34 loss per share (vs US$0.25 loss in 2Q 2021)

Five9, Inc. Provides Revenue Guidance for Third Quarter and Full Year 2022

Five9, Inc. to Report Q2, 2022 Results on Jul 28, 2022

President recently sold US$285k worth of stock

First quarter 2022 earnings released: US$0.49 loss per share (vs US$0.18 loss in 1Q 2021)

Five9, Inc., Annual General Meeting, May 18, 2022

Independent Director recently sold US$3.9m worth of stock

Five9, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Five9, Inc. to Report Q4, 2021 Results on Feb 23, 2022

President recently sold US$587k worth of stock

Chief Financial Officer recently sold US$190k worth of stock

Second quarter 2021 earnings released: US$0.25 loss per share (vs US$0.25 loss in 2Q 2020)

Five9 Extends Its Practical Ai Solutions for Low-Code Development, Voice Biometrics, Real-Time Analytics and Agent Coaching

Independent Director recently sold US$568k worth of stock

President recently sold US$563k worth of stock

Independent Director recently sold US$564k worth of stock