FIGS Management
Management criteria checks 0/4
FIGS' CEO is Trina Spear, appointed in Aug 2022, has a tenure of 2.25 years. total yearly compensation is $8.39M, comprised of 11.9% salary and 88.1% bonuses, including company stock and options. directly owns 3.82% of the company’s shares, worth $30.29M. The average tenure of the management team and the board of directors is 1.8 years and 2.6 years respectively.
Key information
Trina Spear
Chief executive officer
US$8.4m
Total compensation
| CEO salary percentage | 11.9% |
| CEO tenure | 2.3yrs |
| CEO ownership | 3.8% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
FIGS Back To Q1 Prices, But The Name Is Still A Hold
Nov 13The Price Is Right For FIGS, Inc. (NYSE:FIGS) Even After Diving 26%
Nov 10
FIGS (NYSE:FIGS) May Have Issues Allocating Its Capital
Oct 18If EPS Growth Is Important To You, FIGS (NYSE:FIGS) Presents An Opportunity
Oct 03FIGS, Inc.: Growth Potentially Inflecting Upwards
Oct 03At US$5.61, Is FIGS, Inc. (NYSE:FIGS) Worth Looking At Closely?
Sep 18FIGS Q2 2024 Shows Growth At The Expense Of Margins. The Stock Is Still Overpriced
Sep 05FIGS, Inc. (NYSE:FIGS) Shares Could Be 32% Below Their Intrinsic Value Estimate
Aug 06Capital Allocation Trends At FIGS (NYSE:FIGS) Aren't Ideal
Jul 19FIGS, Inc.'s (NYSE:FIGS) Price Is Out Of Tune With Earnings
Jul 01We Think FIGS' (NYSE:FIGS) Robust Earnings Are Conservative
May 21FIGS' Recent Rally Is Not Justified By Fundamentals, The Stock Is Still A Hold
May 19FIGS: Risks Present But Also Upside On Execution
Apr 12There's Been No Shortage Of Growth Recently For FIGS' (NYSE:FIGS) Returns On Capital
Apr 03FIGS: Premium Medical Apparel Company; Wait For Reacceleration In Growth
Feb 21Should You Investigate FIGS, Inc. (NYSE:FIGS) At US$5.88?
Feb 05FIGS: Entering 2024 On Better Footing
Jan 26Does This Valuation Of FIGS, Inc. (NYSE:FIGS) Imply Investors Are Overpaying?
Dec 24Be Wary Of FIGS (NYSE:FIGS) And Its Returns On Capital
Nov 14FIGS, Inc.: Strong Q3 2023 Results Resulting In Bottom Line Expansion
Nov 11What Does FIGS, Inc.'s (NYSE:FIGS) Share Price Indicate?
Oct 24A Look At The Intrinsic Value Of FIGS, Inc. (NYSE:FIGS)
Sep 08FIGS: Decelerating Growth A Cause For Concern
Sep 04FIGS (NYSE:FIGS) Is Reinvesting At Lower Rates Of Return
Aug 12FIGS: Promising Q2, But Wait For 1-2 Quarters Before Affirming The Trend
Aug 12At US$8.27, Is It Time To Put FIGS, Inc. (NYSE:FIGS) On Your Watch List?
Jul 01FIGS: Mixed Outlook Warrants A Cautious Approach
Jun 01FIGS (NYSE:FIGS) Will Be Hoping To Turn Its Returns On Capital Around
May 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$11m |
| Jun 30 2024 | n/a | n/a | US$19m |
| Mar 31 2024 | n/a | n/a | US$22m |
| Dec 31 2023 | US$8m | US$1m | US$23m |
| Sep 30 2023 | n/a | n/a | US$16m |
| Jun 30 2023 | n/a | n/a | US$14m |
| Mar 31 2023 | n/a | n/a | US$14m |
| Dec 31 2022 | US$1m | US$1m | US$21m |
| Sep 30 2022 | n/a | n/a | US$30m |
| Jun 30 2022 | n/a | n/a | US$33m |
| Mar 31 2022 | n/a | n/a | -US$12m |
| Dec 31 2021 | US$13m | US$852k | -US$10m |
| Sep 30 2021 | n/a | n/a | -US$10m |
| Jun 30 2021 | n/a | n/a | US$2m |
| Mar 31 2021 | n/a | n/a | US$57m |
| Dec 31 2020 | US$40m | US$456k | US$50m |
Compensation vs Market: Trina's total compensation ($USD8.39M) is above average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Trina's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Trina Spear (40 yo)
2.3yrs
Tenure
US$8,388,335
Compensation
Ms. Catherine Spear, also known as Trina, serves as Independent Director at Amer Sports, Inc. since 2024. She was a Director at One from August 2020 to July 2021. She is the Co-Founder of FIGS, Inc. and se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 11.8yrs | US$351.00 | 1.82% $ 14.4m | |
| Co-Founder | 2.3yrs | US$8.39m | 3.82% $ 30.3m | |
| Chief Operating Officer | 1.8yrs | no data | no data | |
| Chief Technology Officer | 1.2yrs | no data | no data | |
| Senior Vice President of Investor Relations | less than a year | no data | no data | |
| Chief Legal Officer & Secretary | no data | no data | no data | |
| Chief Global Product & Sustainability Officer | 2.7yrs | no data | no data | |
| Chief Business Development Officer | 1.8yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: FIGS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 11.8yrs | US$351.00 | 1.82% $ 14.4m | |
| Co-Founder | 11.8yrs | US$8.39m | 3.82% $ 30.3m | |
| Independent Director | 2.6yrs | US$200.01k | 0.55% $ 4.3m | |
| Independent Director | 2.6yrs | US$211.20k | 0.091% $ 721.8k | |
| Lead Independent Director | 2.6yrs | US$210.01k | 0.052% $ 414.2k | |
| Independent Director | 3.5yrs | US$205.01k | 0.025% $ 199.2k | |
| Director | less than a year | US$98.30k | 0.0077% $ 60.9k | |
| Director | 5.8yrs | US$217.51k | 1.88% $ 14.9m | |
| Member of Healthcare Advisory Board | 2.6yrs | no data | no data | |
| Member of Healthcare Advisory Board | 2.6yrs | no data | no data | |
| Member of Healthcare Advisory Board | 2.6yrs | no data | no data | |
| Member of Healthcare Advisory Board | 2.6yrs | no data | no data |
2.6yrs
Average Tenure
50.5yo
Average Age
Experienced Board: FIGS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.