Ardelyx Management
Management criteria checks 2/4
Ardelyx's CEO is Mike Raab, appointed in Mar 2009, has a tenure of 15.25 years. total yearly compensation is $4.12M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth MX$146.84M. The average tenure of the management team and the board of directors is 4 years and 8.7 years respectively.
Key information
Mike Raab
Chief executive officer
US$4.1m
Total compensation
CEO salary percentage | 17.0% |
CEO tenure | 15.3yrs |
CEO ownership | 0.6% |
Management average tenure | 4yrs |
Board average tenure | 8.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | -US$66m |
Dec 31 2023 | US$4m | US$700k | -US$66m |
Sep 30 2023 | n/a | n/a | -US$27m |
Jun 30 2023 | n/a | n/a | -US$56m |
Mar 31 2023 | n/a | n/a | -US$66m |
Dec 31 2022 | US$2m | US$650k | -US$67m |
Sep 30 2022 | n/a | n/a | -US$114m |
Jun 30 2022 | n/a | n/a | -US$135m |
Mar 31 2022 | n/a | n/a | -US$153m |
Dec 31 2021 | US$4m | US$650k | -US$158m |
Sep 30 2021 | n/a | n/a | -US$151m |
Jun 30 2021 | n/a | n/a | -US$125m |
Mar 31 2021 | n/a | n/a | -US$105m |
Dec 31 2020 | US$4m | US$633k | -US$94m |
Sep 30 2020 | n/a | n/a | -US$85m |
Jun 30 2020 | n/a | n/a | -US$91m |
Mar 31 2020 | n/a | n/a | -US$91m |
Dec 31 2019 | US$2m | US$595k | -US$95m |
Sep 30 2019 | n/a | n/a | -US$103m |
Jun 30 2019 | n/a | n/a | -US$104m |
Mar 31 2019 | n/a | n/a | -US$100m |
Dec 31 2018 | US$4m | US$575k | -US$91m |
Sep 30 2018 | n/a | n/a | -US$53m |
Jun 30 2018 | n/a | n/a | -US$50m |
Mar 31 2018 | n/a | n/a | -US$53m |
Dec 31 2017 | US$5m | US$555k | -US$64m |
Compensation vs Market: Mike's total compensation ($USD4.12M) is above average for companies of similar size in the MX market ($USD856.81K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Raab (59 yo)
15.3yrs
Tenure
US$4,118,144
Compensation
Mr. Michael G. Raab, also known as Mike, has been the Chief Executive Officer and President of Ardelyx, Inc. since March 2009. He is a Director of Tempest Therapeutics Inc. since May 2019 and its Chairman...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 15.3yrs | US$4.12m | 0.55% $ 146.8m | |
Chief Legal & Administrative Officer and Secretary | 10.1yrs | US$1.63m | 0.085% $ 22.6m | |
Chief Medical Officer | 3.6yrs | US$1.63m | 0.14% $ 36.5m | |
Chief Financial & Operations Officer | 4yrs | US$1.73m | 0.13% $ 34.1m | |
Senior VP of Finance & Chief Accounting Officer | 2.3yrs | no data | 0.041% $ 10.8m | |
Vice President of Corporate Communications & Investor Relations | no data | no data | no data | |
Executive Vice President of Corporate Development & Strategy | less than a year | no data | no data | |
Chief Human Resources Officer | 1.4yrs | no data | no data | |
Chief Development Officer | 9.4yrs | US$1.63m | 0.26% $ 69.4m | |
Chief Regulatory Affairs & Quality Assurance Officer | no data | US$1.70m | 0.15% $ 41.1m | |
Advisor | 4.1yrs | US$1.04m | 0.19% $ 50.9m | |
Manager of Corporate Communications & Investor Relations | no data | no data | no data |
4.0yrs
Average Tenure
60yo
Average Age
Experienced Management: ARDX *'s management team is considered experienced (4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 15.3yrs | US$4.12m | 0.55% $ 146.8m | |
Independent Chairman of the Board | 15.3yrs | US$249.90k | 0.52% $ 137.1m | |
Independent Director | 8.7yrs | US$214.90k | 0.098% $ 26.0m | |
Independent Director | 10.3yrs | US$222.40k | 0.11% $ 28.4m | |
Independent Director | 8yrs | US$202.40k | no data | |
Independent Director | 4.3yrs | US$199.90k | 0.047% $ 12.5m | |
Independent Director | 3.3yrs | US$202.40k | 0.041% $ 10.9m |
8.7yrs
Average Tenure
59yo
Average Age
Experienced Board: ARDX *'s board of directors are considered experienced (8.7 years average tenure).