MarketWise Management

Management criteria checks 0/4

MarketWise's CEO is Frank Stansberry, appointed in Oct 2023, has a tenure of less than a year. directly owns 9.58% of the company’s shares, worth $51.75M. The average tenure of the management team and the board of directors is 0.9 years and 0.9 years respectively.

Key information

Frank Stansberry

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	9.6%
Management average tenure	less than a year
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Frank Stansberry (49 yo)

less than a year

Tenure

Mr. F. Porter Stansberry is Director of MarketWise, Inc. from September 2023 and serves as its Chairman & CEO since October 18, 2023. He is Founder of MarketWise, Inc. Mr. Stansberry previously served as C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marco Galsim	Chief Information Officer	4.3yrs	US$719.80k	0.37% $ 2.0m
Frank Stansberry	Founder	less than a year	no data	9.58% $ 51.7m
Erik Mickels	Chief Financial Officer	less than a year	no data	0.46% $ 2.5m
Charles Curlett	Chief Operating Officer	less than a year	no data	no data
Stephen Park	Principal Financial Officer & Principal Accounting Officer	1.1yrs	no data	no data
Scott Forney	General Counsel	less than a year	no data	0.064% $ 348.1k
Michael Palmer	MD, Copywriter & Director	16.3yrs	no data	0.36% $ 1.9m
Lee Harris	Senior Vice President of Financial Planning & Analysis	1.3yrs	no data	no data

0.9yrs

Average Tenure

50.5yo

Average Age

Experienced Management: MKTW's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Frank Stansberry	Founder	less than a year	no data	9.58% $ 51.7m
Michael Palmer	MD, Copywriter & Director	2.8yrs	no data	0.36% $ 1.9m
Van Simmons	Independent Director	2.8yrs	US$205.00k	0.17% $ 914.5k
Glenn Tongue	Lead Independent Director	less than a year	no data	0.19% $ 1.0m
David Eifrig	Director	less than a year	no data	no data
Matthew Smith	Independent Director	less than a year	no data	0.016% $ 84.6k
Matthew Turner	Independent Director	less than a year	no data	no data

0.9yrs

Average Tenure

57yo

Average Age

Experienced Board: MKTW's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

MarketWise Management

Management criteria checks 0/4

Key information

Recent management updates

MarketWise, Inc. Appoints Charles N. Curlett, Jr. as Chief Operating Officer

MarketWise, Inc. Appoints Van Simmons and Matthew Turner to Serve as Members of the Audit Committee

F. Porter Stansberry Joins MarketWise Board of Directors

MarketWise, Inc. Announces Chief Financial Officer Changes

High number of new and inexperienced directors

MarketWise, Inc., Annual General Meeting, Jun 30, 2023

Recent updates

MarketWise, Inc. Declares Quarterly Cash Dividend on Class A Common Stock, Payable on April 25, 2024

MarketWise, Inc. Appoints Charles N. Curlett, Jr. as Chief Operating Officer

MarketWise, Inc. Appoints Van Simmons and Matthew Turner to Serve as Members of the Audit Committee

MarketWise, Inc. to Report Q3, 2023 Results on Nov 09, 2023

MarketWise Notifies the Nasdaq Regarding No Longer Complies with Nasdaq’s Audit Committee Composition Requirements as Set Forth in Listing Rule 5605

MarketWise Notifies the Nasdaq Regarding No Longer Complies with Nasdaq’s Audit Committee Composition Requirements as Set Forth in Listing Rule 5605

Frank Porter Stansberry and Monument & Cathedral Holdings Agree to Act Together to Pursue Changes at MarketWise

Investor sentiment improves as stock rises 18%

MarketWise, Inc. Declares Special Dividend, Payable on December 1, 2023

Investor sentiment improves as stock rises 18%

New minor risk - Shareholder dilution

F. Porter Stansberry Joins MarketWise Board of Directors

Upcoming dividend of US$0.01 per share at 2.9% yield

Frank Porter Stansberry Sends a Letter to MarketWise Inc

Consensus EPS estimates fall by 72%

New minor risk - Insider selling

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Shareholder dilution

Marketwise, Inc. Declares A Quarterly Cash Dividend to Holders of Class A, to Be Paid on October 26, 2023

MarketWise, Inc. to Report Q2, 2023 Results on Aug 10, 2023

Investor sentiment improves as stock rises 16%

MarketWise, Inc. Announces Chief Financial Officer Changes

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 17%

High number of new and inexperienced directors

MarketWise, Inc., Annual General Meeting, Jun 30, 2023

Consensus EPS estimates increase by 92%

MarketWise, Inc. Announces Initiation of Quarterly Cash Dividend, Payable on July 20, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 16%

Consensus EPS estimates fall by 73%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Marketwise, Inc. Announces Appointment of Amber Lee Mason as Member of the Board of Directors

MarketWise, Inc. Announces Executive Changes

Consensus forecasts updated

Price target decreased to US$4.50

High number of new and inexperienced directors

Independent Director recently bought US$123k worth of stock

Consensus EPS estimates fall by 21%

Price target decreased to US$5.60

Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.39 profit in 3Q 2021)

MarketWise, Inc. to Report Q3, 2022 Results on Nov 03, 2022

MarketWise, Inc. Announces Resignation of Elizabeth Burton as Class II Director and Member of the Audit Committee of the Board of Directors

MarketWise major shareholder Frank Stansberry buys $832K in common stock

Insider recently bought US$162k worth of stock

Marketwise, Inc. Announces Executive Changes

Consensus EPS estimates fall by 79%

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

MarketWise reports Q2 results

Insider recently bought US$1.9m worth of stock

MarketWise, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Consensus forecasts updated

Insider recently bought US$504k worth of stock

MarketWise: Customer Monetization Is An Issue

Insider recently bought US$81k worth of stock

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

High number of new and inexperienced directors

MarketWise, Inc. to Report Q1, 2022 Results on May 09, 2022

MarketWise, Inc., Annual General Meeting, Jun 02, 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

MarketWise: No Longer Enjoying The SaaS Treatment

MarketWise, Inc. to Report Q4, 2021 Results on Mar 10, 2022

Insider recently bought US$1.0m worth of stock

Independent Director recently bought US$195k worth of stock

Third quarter 2021 earnings released: US$15.88 loss per share

Director of Business Development recently bought US$88k worth of stock