Pinterest Management

Management criteria checks 4/4

Pinterest's CEO is Bill Ready, appointed in Jun 2022, has a tenure of 2.42 years. total yearly compensation is $522.67K, comprised of 98.9% salary and 1.1% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth MX$581.23M. The average tenure of the management team and the board of directors is 2.2 years and 4.3 years respectively.

Key information

Bill Ready

Chief executive officer

US$522.7k

Total compensation

CEO salary percentage	98.9%
CEO tenure	2.4yrs
CEO ownership	0.1%
Management average tenure	2.2yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Ready's remuneration changed compared to Pinterest's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$216m
Jun 30 2024	n/a	n/a	US$192m
Mar 31 2024	n/a	n/a	US$148m
Dec 31 2023	US$523k	US$517k	-US$36m
Sep 30 2023	n/a	n/a	-US$219m
Jun 30 2023	n/a	n/a	-US$291m
Mar 31 2023	n/a	n/a	-US$299m
Dec 31 2022	US$123m	US$203k	-US$96m

Compensation vs Market: Bill's total compensation ($USD522.67K) is below average for companies of similar size in the MX market ($USD5.76M).

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

CEO

Bill Ready (44 yo)

2.4yrs

Tenure

US$522,667

Compensation

Mr. William J. Ready, also known as Bill, is Chief Executive Officer & Director of Pinterest, Inc. since joining June 29, 2022. He served as President of Commerce, Payments and Next Billion Users of Google...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Benjamin Silbermann	Co-Founder & Non-Executive Chairman	16.8yrs	US$33.26k	5.76% MX$ 24.9b
William Ready	CEO & Director	2.4yrs	US$522.67k	0.13% MX$ 581.2m
Julia Donnelly	Chief Financial Officer	1.4yrs	US$16.53m	no data
Wanjiku Walcott	Chief Legal & Business Affairs Officer and Company Secretary	2yrs	US$10.34m	0.016% MX$ 68.4m
Malik Ducard	Chief Content Officer	3.1yrs	US$4.20m	0.040% MX$ 172.0m
Andrea Acosta	Chief Accounting Officer	3.8yrs	no data	0.011% MX$ 45.9m
Matt Madrigal	Chief Technology Officer	less than a year	no data	no data
Andrew Somberg	VP of Investor Relations & Treasury	no data	no data	no data
Andrea Mallard	Chief Marketing & Communications Officer	2.8yrs	no data	no data
Doniel Sutton	Chief People Officer	less than a year	no data	no data
Bill Watkins	Chief Revenue Officer	2.8yrs	no data	no data
Martha Welsh	Chief Strategy Officer	1.3yrs	no data	no data

2.2yrs

Average Tenure

45yo

Average Age

Experienced Management: PINS *'s management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Benjamin Silbermann	Co-Founder & Non-Executive Chairman	16.8yrs	US$33.26k	5.76% MX$ 24.9b
William Ready	CEO & Director	2.4yrs	US$522.67k	0.13% MX$ 581.2m
Fredric Reynolds	Independent Director	6.9yrs	US$334.99k	0.028% MX$ 121.8m
Leslie Kilgore	Independent Director	5.6yrs	US$336.24k	0.011% MX$ 45.4m
Jeremy Levine	Independent Director	13.6yrs	US$319.99k	0.18% MX$ 767.6m
Charles Bergh	Director	less than a year	no data	no data
Gokul Rajaram	Independent Director	4.8yrs	US$319.99k	0.0045% MX$ 19.3m
Salaam Smith	Independent Director	4.1yrs	US$327.49k	0.0051% MX$ 21.9m
Scott Schenkel	Independent Director	1.2yrs	US$418.17k	no data
Andrea Wishom	Lead Independent Director	4.3yrs	US$357.49k	0.0058% MX$ 24.9m
Marc Steinberg	Independent Director	1.9yrs	US$322.49k	0.00080% MX$ 3.5m

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: PINS *'s board of directors are considered experienced (4.3 years average tenure).

Pinterest Management

Management criteria checks 4/4

Key information

Recent management updates

Pinterest Appoints Chip Bergh to Board of Directors

Pinterest, Inc., Annual General Meeting, May 23, 2024

Pinterest, Inc. Approves the Transition of Benjamin Silbermann from Executive Chair of the Company to Non-Executive Chair of the Company

Insider recently sold Mex$87m worth of stock

Independent Director recently sold Mex$986k worth of stock

Independent Director recently sold Mex$812k worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: US$0.045 (vs US$0.01 in 3Q 2023)

Pinterest, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

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

Pinterest, Inc. Provides Earnings Guidance for the Third Quarter 2024

Second quarter 2024 earnings released: EPS: US$0.013 (vs US$0.052 loss in 2Q 2023)

Pinterest, Inc. to Report Q2, 2024 Results on Jul 30, 2024

Pinterest Appoints Chip Bergh to Board of Directors

New minor risk - Earnings quality

First quarter 2024 earnings released: US$0.037 loss per share (vs US$0.31 loss in 1Q 2023)

Pinterest, Inc. Provides Earnings Guidance for the Second Quarter of 2024

Pinterest, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Pinterest, Inc., Annual General Meeting, May 23, 2024

New major risk - Share price stability

Now 20% undervalued

Full year 2023 earnings released: US$0.053 loss per share (vs US$0.14 loss in FY 2022)

Pinterest, Inc. Provides Earnings Guidance for the First Quarter of 2024

Pinterest, Inc. to Report Q4, 2023 Results on Feb 08, 2024

Now 21% undervalued

Now 20% undervalued

Third quarter 2023 earnings released: EPS: US$0.01 (vs US$0.097 loss in 3Q 2022)

Pinterest, Inc. Provides Revenue Guidance for the Fourth Quarter 2023

Pinterest, Inc. to Report Q3, 2023 Results on Oct 30, 2023

Pinterest, Inc. (NYSE:PINS) announces an Equity Buyback for $1,000 million worth of its shares.

Now 20% undervalued

Pinterest, Inc. Approves the Transition of Benjamin Silbermann from Executive Chair of the Company to Non-Executive Chair of the Company

Insider recently sold Mex$87m worth of stock

Pinterest, Inc. Provides Revenue Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: US$0.052 loss per share (vs US$0.065 loss in 2Q 2022)

Pinterest, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Independent Director recently sold Mex$986k worth of stock

Pinterest, Inc.(NYSE:PINS) dropped from Russell 1000 Value Index

Independent Director recently sold Mex$812k worth of stock

Independent Director recently sold Mex$2.1m worth of stock

Pinterest, Inc. Announces Executive Changes

Now 22% undervalued after recent price drop

First quarter 2023 earnings released: US$0.31 loss per share (vs US$0.008 loss in 1Q 2022)

Pinterest, Inc. (NYSE:PINS) announces an Equity Buyback for $500 million worth of its shares.

Full year 2022 earnings released: US$0.14 loss per share (vs US$0.49 profit in FY 2021)

Pinterest, Inc. to Report Q4, 2022 Results on Feb 06, 2023

High number of new directors

Now 21% undervalued after recent price drop

Pinterest, Inc. Announces Partnership with Elliott Investment Management, Appoints Marc Steinberg to the Board of Directors

Third quarter 2022 earnings released: US$0.097 loss per share (vs US$0.15 profit in 3Q 2021)

Pinterest, Inc. Provides Revenue Guidance for the Fourth Quarter of 2022

Pinterest, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Investor sentiment deteriorated over the past week

Elliott Management Wants to See Pinterest For Sale

Elliott Management Put Pinterest For Sale

Now 20% undervalued

CEO & Director recently bought Mex$103m worth of stock

Second quarter 2022 earnings released: US$0.065 loss per share (vs US$0.11 profit in 2Q 2021)

Pinterest, Inc. Provides Revenue Guidance for the Third Quarter of Fiscal Year 2022

Investor sentiment deteriorated over the past week

Pinterest, Inc. to Report Q2, 2022 Results on Aug 01, 2022

Elliot Management Engages in Discussions with Pinterest

Pinterest, Inc. Announces Executive Changes

Investor sentiment improved over the past week

Pinterest, Inc. (NYSE:PINS) completed the acquisition of The Yes Platform, Inc.

Pinterest, Inc. (NYSE:PINS) has signed a definitive agreement to acquire The Yes Platform, Inc.

Investor sentiment improved over the past week

Now 20% undervalued after recent price drop

First quarter 2022 earnings released: US$0.008 loss per share (vs US$0.034 loss in 1Q 2021)

Pinterest, Inc. Provides Revenue Guidance for the Second Quarter of Fiscal Year 2022

Insider recently sold Mex$2.5m worth of stock

Pinterest, Inc., Annual General Meeting, May 26, 2022

Insider recently sold Mex$3.3m worth of stock

Pinterest, Inc. Announces Intention to Leave of Flores as General Counsel and Secretary, Effective October 1, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Pinterest, Inc. Provides Earnings Guidance for the First Quarter of 2022