MicroStrategy Management

Management criteria checks 3/4

MicroStrategy's CEO is Phong Le, appointed in Jul 2020, has a tenure of 4.33 years. total yearly compensation is $8.03M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth MX$120.58M. The average tenure of the management team and the board of directors is 2.8 years and 15.3 years respectively.

Key information

Phong Le

Chief executive officer

US$8.0m

Total compensation

CEO salary percentage	12.5%
CEO tenure	4.3yrs
CEO ownership	0.007%
Management average tenure	2.8yrs
Board average tenure	15.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Phong Le's remuneration changed compared to MicroStrategy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$407m
Jun 30 2024	n/a	n/a	-US$210m
Mar 31 2024	n/a	n/a	-US$85m
Dec 31 2023	US$8m	US$1m	US$429m
Sep 30 2023	n/a	n/a	US$90m
Jun 30 2023	n/a	n/a	US$207m
Mar 31 2023	n/a	n/a	-US$878m
Dec 31 2022	US$20m	US$940k	-US$1b
Sep 30 2022	n/a	n/a	-US$1b
Jun 30 2022	n/a	n/a	-US$1b
Mar 31 2022	n/a	n/a	-US$556m
Dec 31 2021	US$19m	US$900k	-US$535m
Sep 30 2021	n/a	n/a	-US$443m
Jun 30 2021	n/a	n/a	-US$421m
Mar 31 2021	n/a	n/a	-US$118m
Dec 31 2020	US$2m	US$744k	-US$8m
Sep 30 2020	n/a	n/a	US$2m
Jun 30 2020	n/a	n/a	US$26m
Mar 31 2020	n/a	n/a	US$43m
Dec 31 2019	US$7m	US$667k	US$34m
Sep 30 2019	n/a	n/a	US$25m
Jun 30 2019	n/a	n/a	US$28m
Mar 31 2019	n/a	n/a	US$13m
Dec 31 2018	US$5m	US$638k	US$23m
Sep 30 2018	n/a	n/a	-US$6m
Jun 30 2018	n/a	n/a	-US$814k
Mar 31 2018	n/a	n/a	US$4m
Dec 31 2017	US$4m	US$575k	US$18m

Compensation vs Market: Phong's total compensation ($USD8.03M) is above average for companies of similar size in the MX market ($USD5.73M).

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

CEO

Phong Le (47 yo)

4.3yrs

Tenure

US$8,028,255

Compensation

Mr. Phong Q. Le serves as President of MicroStrategy Incorporated since July 6, 2020 and served as its Chief Financial Officer since April 23, 2020 until May 09, 2022. Mr. Le serves as Chief Executive Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Saylor	Executive Chairman	35yrs	US$799.67k	9.87% MX$ 173.2b
Phong Le	President	4.3yrs	US$8.03m	0.0069% MX$ 120.6m
Andrew Kang	Senior EVP & CFO	2.5yrs	US$4.16m	0.0060% MX$ 104.6m
Wei-Ming Shao	Senior EVP	9.9yrs	US$3.03m	0.0038% MX$ 66.7m
Jeanine Montgomery	Senior VP & Chief Accounting Officer	4.3yrs	no data	0.0032% MX$ 55.6m
Ponna Arumugam	Senior Executive VP & Chief Information Officer	2.8yrs	no data	no data
Shirish Jajodia	Senior Director of Treasury & Head of Investor Relations	no data	no data	no data
Carla Fitzgerald	Executive VP & Chief Marketing Officer	less than a year	no data	no data
Joty Paparello	Executive VP & Chief Human Resource Officer	2.8yrs	no data	no data
Saurabh Abhyankar	Executive VP & Chief Product Officer	1.8yrs	no data	no data
Jeremy Price	Senior Vice President of Financial Planning & Analysis	no data	no data	no data
Paul Green	Senior Executive Vice President of Worldwide Consulting & Alliances	2.8yrs	no data	no data

2.8yrs

Average Tenure

57yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Saylor	Executive Chairman	35yrs	US$799.67k	9.87% MX$ 173.2b
Phong Le	President	2.3yrs	US$8.03m	0.0069% MX$ 120.6m
Carl Rickertsen	Independent Director	22.1yrs	US$491.06k	0% MX$ 0
Leslie Rechan	Independent Director	6.7yrs	US$445.38k	0.012% MX$ 216.2m
Stephen Graham	Independent Director	10.6yrs	US$477.50k	0.0034% MX$ 60.4m
Jarrod Patten	Independent Director	20yrs	US$472.40k	0.0024% MX$ 43.0m

15.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: MSTR *'s board of directors are seasoned and experienced ( 15.3 years average tenure).

MicroStrategy Management

Management criteria checks 3/4

Key information

Recent management updates

Senior EVP & CFO recently sold Mex$30m worth of stock

Independent Director recently sold Mex$12m worth of stock

MicroStrategy Incorporated, Annual General Meeting, May 22, 2024

Independent Director recently sold Mex$24m worth of stock

MicroStrategy Incorporated Appoints Carla Fitzgerald as Chief Marketing Officer

Independent Director recently sold Mex$18m worth of stock

Recent updates

Senior EVP & CFO recently sold Mex$30m worth of stock

Third quarter 2024 earnings released: US$1.72 loss per share (vs US$1.01 loss in 3Q 2023)

MicroStrategy Incorporated has filed a Follow-on Equity Offering in the amount of $21 billion.

MicroStrategy Incorporated to Report Q3, 2024 Results on Oct 30, 2024

New Capabilities in Microstrategy One Help Enterprises Strengthen GenAI Reliability, Accessibility, and Explainability for Faster, More Accurate Decision-Making

Now 22% overvalued after recent price rise

MicroStrategy Incorporated announced that it has received $875 million in funding from Barclays Capital Inc.

Now 23% undervalued after recent price drop

Now 25% overvalued after recent price rise

Independent Director recently sold Mex$12m worth of stock

Second quarter 2024 earnings released: US$5.74 loss per share (vs US$1.68 profit in 2Q 2023)

MicroStrategy Incorporated to Report Q2, 2024 Results on Aug 01, 2024

Microstrategy Incorporated Announces Latest Release of the Microstrategy One Platform

New major risk - Financial position

MicroStrategy Incorporated Extends Data and AI Access Across the Enterprise with Latest MicroStrategy AI Release and New Auto Express Trial

First quarter 2024 earnings released: US$3.09 loss per share (vs US$38.97 profit in 1Q 2023)

MicroStrategy Incorporated Reports Consolidated Impairment Charges for the Three Months Ended March 31, 2024

MicroStrategy Incorporated to Report Q1, 2024 Results on Apr 29, 2024

MicroStrategy Incorporated, Annual General Meeting, May 22, 2024

Investor sentiment deteriorates as stock falls 16%

MicroStrategy Incorporated Releases Auto, the Customizable AI Bot That Makes Enterprise Analytics Accessible to Any, Building on MicroStrategy AI

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 33%

New major risk - Shareholder dilution

New major risk - Earnings quality

Independent Director recently sold Mex$24m worth of stock

Investor sentiment improves as stock rises 41%

Full year 2023 earnings released: EPS: US$29.58 (vs US$130 loss in FY 2022)

MicroStrategy Incorporated to Report Q4, 2023 Results on Feb 06, 2024

MicroStrategy Incorporated Appoints Carla Fitzgerald as Chief Marketing Officer

Independent Director recently sold Mex$18m worth of stock

Investor sentiment improves as stock rises 15%

New major risk - Earnings quality

Third quarter 2023 earnings released: US$10.09 loss per share (vs US$2.40 loss in 3Q 2022)

Investor sentiment improves as stock rises 29%

MicroStrategy Incorporated to Report Q3, 2023 Results on Nov 01, 2023

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$1.68 (vs US$94.01 loss in 2Q 2022)

MicroStrategy Incorporated to Report Q2, 2023 Results on Aug 01, 2023

MicroStrategy Incorporated Announces Executive Changes

MicroStrategy Incorporated(NasdaqGS:MSTR) dropped from Russell Small Cap Comp Value Index

First quarter 2023 earnings released: EPS: US$38.97 (vs US$11.58 loss in 1Q 2022)

Full year 2022 earnings released: US$130 loss per share (vs US$53.44 loss in FY 2021)

MicroStrategy Incorporated to Report Q4, 2022 Results on Feb 02, 2023

Third quarter 2022 earnings released: US$2.40 loss per share (vs US$3.61 loss in 3Q 2021)

MicroStrategy Incorporated to Report Q3, 2022 Results on Nov 01, 2022

Second quarter 2022 earnings released: US$94.01 loss per share (vs US$30.72 loss in 2Q 2021)

MicroStrategy Incorporated Announces Management Changes, Effective August 8, 2022

MicroStrategy Incorporated to Report Q2, 2022 Results on Aug 02, 2022

Independent Director recently bought Mex$8.3m worth of stock

Now 23% undervalued after recent price drop

First quarter 2022 earnings released: US$11.58 loss per share (vs US$11.41 loss in 1Q 2021)

Microstrategy Incorporated Reports Impairment Charges for the Three Months Ended March 31, 2022

Insufficient new directors

MicroStrategy Incorporated to Report Q1, 2022 Results on May 03, 2022

MicroStrategy Incorporated, Annual General Meeting, May 25, 2022

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

Independent Director recently sold Mex$33m worth of stock

Third quarter 2021 earnings released: US$3.49 loss per share (vs US$1.48 loss in 3Q 2020)

Second quarter 2021 earnings released: US$30.72 loss per share (vs US$0.35 profit in 2Q 2020)

MicroStrategy Incorporated(NasdaqGS:MSTR) dropped from Russell 3000E Value Index

First quarter 2021 earnings released: US$11.29 loss per share (vs US$0.066 profit in 1Q 2020)

Independent Director recently sold Mex$49m worth of stock

Full year 2020 earnings released: US$0.78 loss per share (vs US$3.35 profit in FY 2019)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team