AvidXchange Holdings, Inc.

NasdaqGS:AVDX Stock Report

Market Cap: US$2.4b

AvidXchange Holdings Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mike Praeger

Chief executive officer

US$7.2m

Total compensation

CEO salary percentage6.9%
CEO tenure24yrs
CEO ownership6.9%
Management average tenure5.3yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors

Apr 27
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors

AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst

Mar 04

Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S

Jan 08
Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S

Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10%

Aug 08
Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10%

AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Aug 06
AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

KeyCorp cuts AvidXchange PT to $10, maintains Overweight rating

Jul 07

AvidXchange - Not An Avid Holder Here, Despite The Sell-Off

Jan 28

AvidXchange Holdings - Not Too Compelled

Oct 17

CEO Compensation Analysis

How has Mike Praeger's remuneration changed compared to AvidXchange Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$47m

Sep 30 2023n/an/a

-US$68m

Jun 30 2023n/an/a

-US$85m

Mar 31 2023n/an/a

-US$92m

Dec 31 2022US$7mUS$498k

-US$101m

Sep 30 2022n/an/a

-US$159m

Jun 30 2022n/an/a

-US$174m

Mar 31 2022n/an/a

-US$175m

Dec 31 2021US$8mUS$474k

-US$224m

Sep 30 2021n/an/a

-US$224m

Jun 30 2021n/an/a

-US$207m

Mar 31 2021n/an/a

-US$209m

Dec 31 2020US$2mUS$404k

-US$166m

Compensation vs Market: Mike's total compensation ($USD7.16M) is about average for companies of similar size in the US market ($USD6.66M).

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

CEO

Mike Praeger (58 yo)

24yrs

Tenure

US$7,163,556

Compensation

Mr. Michael Praeger, also known as Mike, co-founded AvidXchange Holdings, Inc. (formerly known as AvidXchange, Inc.). in 2000 and serves as its Chairman, Chief Executive Officer since April 2000 and was it...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Praeger
Co-Founder24yrsUS$7.16m6.9%
$ 168.6m
Daniel Drees
President1.3yrsUS$3.82m0.11%
$ 2.7m
Joel Wilhite
Senior VP & CFO7.2yrsUS$3.83m0.013%
$ 329.9k
Angelic Gibson
Chief Information Officer & Senior VP4.5yrsUS$2.68m0.045%
$ 1.1m
Ryan Stahl
Senior VP6.4yrsUS$2.49m0.050%
$ 1.2m
Chris Tinsley
Co-Founder & Senior Technology Advisor24.3yrsno datano data
John Feldman
Chief Operating Officerless than a yearno datano data
Subhaash Kumar
Head of Investor Relationsno datano datano data
Al McMillian
Vice President of Complianceno datano datano data
Jess Antle
Vice President of Brand Marketing & Communicationsno datano datano data
Jason Dodd
Vice President of Corporate Development & Product Marketing5.3yrsno datano data
Todd Cunningham
Chief People Officer & Senior VP4.1yrsno data0.065%
$ 1.6m

5.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: AVDX's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Praeger
Co-Founder24yrsUS$7.16m6.9%
$ 168.6m
Lance Drummond
Independent Director2.5yrsUS$215.00k0.015%
$ 358.5k
James Hausman
Independent Director21.8yrsUS$239.00k1.38%
$ 33.8m
Teresa Mackintosh
Independent Director2.5yrsUS$225.00k0.013%
$ 328.7k
Asif Ramji
Independent Director1.3yrsUS$10.00k0.0044%
$ 108.5k
Sonali Sambhus
Independent Director1.3yrsUS$11.50k0.0044%
$ 108.5k
Arthur Rubado
Independent Directorless than a yearno datano data
James McGuire
Independent Director2.5yrsno datano data
Oni Chukwu
Independent Directorless than a yearno datano data

2.5yrs

Average Tenure

58yo

Average Age

Experienced Board: AVDX's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

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