Borealis Foods Inc.

NasdaqCM:BRLS Stock Report

Market Cap: US$85.1m

Borealis Foods Management

Management criteria checks 2/4

Borealis Foods' CEO is Reza Soltanzadeh, appointed in Jul 2019, has a tenure of 5.92 years. total yearly compensation is $451.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth $509.23K. The average tenure of the management team and the board of directors is 5.4 years and 1.3 years respectively.

Key information

Reza Soltanzadeh

Chief executive officer

US$451.0k

Total compensation

CEO salary percentage100.00%
CEO tenure5.9yrs
CEO ownership0.6%
Management average tenure5.4yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

Is Borealis Foods (NASDAQ:BRLS) A Risky Investment?

Mar 20
Is Borealis Foods (NASDAQ:BRLS) A Risky Investment?

Borealis Foods Inc.'s (NASDAQ:BRLS) P/S Is On The Mark

Dec 25
Borealis Foods Inc.'s (NASDAQ:BRLS) P/S Is On The Mark

Is Borealis Foods (NASDAQ:BRLS) Using Too Much Debt?

Nov 19
Is Borealis Foods (NASDAQ:BRLS) Using Too Much Debt?

Borealis Foods (NASDAQ:BRLS) Is Carrying A Fair Bit Of Debt

Aug 16
Borealis Foods (NASDAQ:BRLS) Is Carrying A Fair Bit Of Debt

Borealis Foods: Interesting Product But Poor Investment Prospects

Jun 20

CEO Compensation Analysis

How has Reza Soltanzadeh's remuneration changed compared to Borealis Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$21m

Dec 31 2024US$451kUS$451k

-US$25m

Compensation vs Market: Reza's total compensation ($USD451.00K) is below average for companies of similar size in the US market ($USD647.10K).

Compensation vs Earnings: Insufficient data to compare Reza's compensation with company performance.


CEO

Reza Soltanzadeh (52 yo)

5.9yrs
Tenure
US$450,998
Compensation

Mr. Reza Soltanzadeh M.D. serves as Chief Executive Officer and Director of Borealis Foods Inc since July 2019 and serves as its President and is its Co-Founder. He was Director of Middle East Bank (Public...


Leadership Team

NamePositionTenureCompensationOwnership
Reza Soltanzadeh
Co-founder5.9yrsUS$451.00k0.60%
$ 509.2k
Stephen Wegrzyn
Chief Financial Officer4.9yrsUS$165.00k0.15%
$ 131.5k
Pouneh Rahimi
Chief Legal Officer5.9yrsUS$202.92kno data
Henry Wong
Chief Marketing Officer4.4yrsUS$183.37k0.067%
$ 57.1k
Matt Talle
Chief Strategy Officer5.4yrsUS$256.11k0.38%
$ 322.2k
Barthelemy Helg
Co-Founder & Chairman of the Board5.9yrsno data15.05%
$ 12.8m
5.4yrs
Average Tenure
59yo
Average Age

Experienced Management: BRLS's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Reza Soltanzadeh
Co-founder5.9yrsUS$451.00k0.60%
$ 509.2k
Barthelemy Helg
Co-Founder & Chairman of the Board5.9yrsno data15.05%
$ 12.8m
Shiv Khemka
Independent Director1.3yrsno data0.29%
$ 248.7k
Timothy George
Member of Advisory Boardno datano datano data
Steven Oyer
Independent Director1.3yrsno data0.068%
$ 57.7k
Ertharin Cousin
Independent Director1.3yrsno data0.058%
$ 49.7k
Kim Jeffery
Member of Advisory Boardno datano datano data
Doreswamy Nandkishore
Member of Advisory Boardno datano datano data
Alidzhanovich Ibragimov
Director1.3yrsno data15.08%
$ 12.8m
1.3yrs
Average Tenure
67yo
Average Age

Experienced Board: BRLS's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/30 19:47
End of Day Share Price 2025/06/27 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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

Borealis Foods Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.