AvidXchange Holdings Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Mike Praeger
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | 25yrs |
| CEO ownership | 6.9% |
| Management average tenure | 5.5yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
AvidXchange Holdings, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 01
What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 32% Share Price Crash
Feb 27AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce
Nov 07What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 26% Share Price Crash
Aug 01AvidXchange Holdings: Positive Outlook
May 31AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors
Apr 27AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst
Mar 04Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S
Jan 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$8m |
| Sep 30 2024 | n/a | n/a | -US$999k |
| Jun 30 2024 | n/a | n/a | -US$13m |
| Mar 31 2024 | n/a | n/a | -US$32m |
| Dec 31 2023 | US$7m | US$500k | -US$47m |
| Sep 30 2023 | n/a | n/a | -US$68m |
| Jun 30 2023 | n/a | n/a | -US$85m |
| Mar 31 2023 | n/a | n/a | -US$92m |
| Dec 31 2022 | US$7m | US$498k | -US$101m |
| Sep 30 2022 | n/a | n/a | -US$159m |
| Jun 30 2022 | n/a | n/a | -US$174m |
| Mar 31 2022 | n/a | n/a | -US$175m |
| Dec 31 2021 | US$8m | US$474k | -US$224m |
| Sep 30 2021 | n/a | n/a | -US$224m |
| Jun 30 2021 | n/a | n/a | -US$207m |
| Mar 31 2021 | n/a | n/a | -US$209m |
| Dec 31 2020 | US$2m | US$404k | -US$166m |
Compensation vs Market: Mike's total compensation ($USD7.29M) is about average for companies of similar size in the US market ($USD6.01M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Praeger (59 yo)
25yrs
Tenure
US$7,286,265
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25yrs | US$7.29m | 6.94% $ 109.9m | |
| President | 2.3yrs | US$5.18m | 0.18% $ 2.9m | |
| Senior VP & CFO | 8.2yrs | US$3.62m | 0.044% $ 703.2k | |
| Chief Information Officer & Senior VP | 5.5yrs | US$2.78m | 0.078% $ 1.2m | |
| Senior VP | 7.4yrs | US$2.59m | 0.087% $ 1.4m | |
| Co-Founder & Senior Technology Advisor | 25.3yrs | no data | no data | |
| Chief Operating Officer | 1.7yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Vice President of Compliance | no data | no data | no data | |
| Chief People Officer & Senior VP | 5.1yrs | no data | 0.071% $ 1.1m | |
| Senior Vice President of Business Insights | 3.1yrs | no data | no data | |
| Chief Information Security Officer & Senior VP of Technology Operations | no data | no data | no data |
5.5yrs
Average Tenure
54.5yo
Average Age
Experienced Management: AVDX's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25yrs | US$7.29m | 6.94% $ 109.9m | |
| Independent Director | 3.5yrs | US$207.60k | 0.023% $ 357.4k | |
| Independent Director | 22.8yrs | US$221.60k | 1.38% $ 21.8m | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 3.5yrs | US$213.60k | 0.015% $ 231.8k | |
| Lead Independent Director | 2.3yrs | US$289.02k | 0.012% $ 195.4k | |
| Independent Director | 2.3yrs | US$294.27k | 0.012% $ 195.4k | |
| Independent Director | 1.1yrs | no data | 0.0021% $ 33.1k | |
| Independent Director | 3.5yrs | US$219.60k | no data |
3.5yrs
Average Tenure
59yo
Average Age
Experienced Board: AVDX's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/17 18:28 |
| End of Day Share Price | 2025/04/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AvidXchange Holdings, Inc. is covered by 20 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Koning | Baird |
| Ramsey El-Assal | Barclays |
| Rufus Hone | BMO Capital Markets Equity Research |