Biodesix Management

Management criteria checks 3/4

Biodesix's CEO is Scott Hutton, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $2.29M, comprised of 22.5% salary and 77.5% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $660.89K. The average tenure of the management team and the board of directors is 4.8 years and 4.8 years respectively.

Key information

Scott Hutton

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage	22.5%
CEO tenure	4.8yrs
CEO ownership	0.4%
Management average tenure	4.8yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

Does Biodesix (NASDAQ:BDSX) Have A Healthy Balance Sheet?

Sep 24

Biodesix, Inc.'s (NASDAQ:BDSX) Popularity With Investors Is Clear

Jun 12

With A 25% Price Drop For Biodesix, Inc. (NASDAQ:BDSX) You'll Still Get What You Pay For

Mar 03

Biodesix, Inc.'s (NASDAQ:BDSX) P/S Is Still On The Mark Following 28% Share Price Bounce

Jan 04

Need To Know: Analysts Just Made A Substantial Cut To Their Biodesix, Inc. (NASDAQ:BDSX) Estimates

Nov 25

CEO Compensation Analysis

How has Scott Hutton's remuneration changed compared to Biodesix's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$44m
Jun 30 2024	n/a	n/a	-US$45m
Mar 31 2024	n/a	n/a	-US$47m
Dec 31 2023	US$2m	US$515k	-US$52m
Sep 30 2023	n/a	n/a	-US$63m
Jun 30 2023	n/a	n/a	-US$66m
Mar 31 2023	n/a	n/a	-US$69m
Dec 31 2022	US$3m	US$515k	-US$65m
Sep 30 2022	n/a	n/a	-US$58m
Jun 30 2022	n/a	n/a	-US$56m
Mar 31 2022	n/a	n/a	-US$52m
Dec 31 2021	US$5m	US$490k	-US$43m
Sep 30 2021	n/a	n/a	-US$34m
Jun 30 2021	n/a	n/a	-US$32m
Mar 31 2021	n/a	n/a	-US$29m
Dec 31 2020	US$2m	US$364k	-US$31m
Sep 30 2020	n/a	n/a	-US$33m
Jun 30 2020	n/a	n/a	-US$34m
Mar 31 2020	n/a	n/a	-US$33m
Dec 31 2019	US$337k	US$298k	-US$31m

Compensation vs Market: Scott's total compensation ($USD2.29M) is above average for companies of similar size in the US market ($USD1.46M).

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

CEO

Scott Hutton (52 yo)

4.8yrs

Tenure

US$2,290,546

Compensation

Mr. Scott Hutton serves as President, Chief Executive Officer and Director at Biodesix, Inc. since January 1, 2020. He served as Chief Operating Officer at Biodesix, Inc. since March 2018 until December 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Hutton	President	4.8yrs	US$2.29m	0.37% $ 660.9k
Robin Cowie	CFO, Secretary & Treasurer	7.6yrs	US$844.37k	0.14% $ 252.1k
Kieran O'Kane	Chief Commercial Officer	6.8yrs	US$672.62k	0.067% $ 120.8k
Heinrich Röder	Founder & CTO	no data	no data	no data
Jessica Olbricht	Senior Director of Human Resources	less than a year	no data	no data
Gary Pestano	Chief Development Officer	6.1yrs	no data	0.087% $ 157.5k
Bobbi Coffin	Chief Growth Officer	4.7yrs	no data	no data
James Jett	Co-Chief Medical Officer	no data	no data	no data
Steven Springmeyer	Co-Chief Medical Officer	4.5yrs	no data	no data
Christopher Vazquez	VP & Controller	3.8yrs	no data	0.0080% $ 14.4k

4.8yrs

Average Tenure

49.5yo

Average Age

Experienced Management: BDSX's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Hutton	President	4.8yrs	US$2.29m	0.37% $ 660.9k
John Patience	Independent Chairman	16.4yrs	US$187.58k	5.07% $ 9.1m
Jack Schuler	Independent Director	16.4yrs	US$187.58k	21.24% $ 38.3m
Hany Massarany	Independent Director	4.3yrs	US$201.47k	0.23% $ 418.0k
Lair Kennedy	Independent Director	1.8yrs	US$465.10k	17.47% $ 31.5m
Paul A. Bunn	Member of Scientific Advisory Board	no data	no data	no data
Matthew Strobeck	Independent Director	12.8yrs	US$196.84k	2.1% $ 3.8m
John Kayyem	Independent Director	2.9yrs	US$187.58k	0.25% $ 443.4k
David Carbone	Member of Scientific Advisory Board	no data	no data	no data
Craig Whitehouse	Member of Scientific Advisory Board	no data	no data	no data
Jean Franchi	Independent Director	4.6yrs	US$206.10k	0.056% $ 101.4k
Charles Watts	Independent Director	5.3yrs	US$187.58k	0.26% $ 465.0k

4.8yrs

Average Tenure

63yo

Average Age

Experienced Board: BDSX's board of directors are considered experienced (4.8 years average tenure).

Biodesix Management

Management criteria checks 3/4

Key information

Recent management updates

Biodesix, Inc., Annual General Meeting, May 21, 2024

President notifies of intention to sell stock

Independent Director recently bought US$217k worth of stock

Biodesix, Inc. Announces Resignation of Ryan Siurek as Chief Accounting Officer, Effective July 3, 2023

Independent Director recently bought US$65k worth of stock

Independent Director recently bought US$125k worth of stock

Recent updates

Biodesix, Inc. Reiterates Revenue Guidance for the Fiscal Year 2024-25

Biodesix, Inc. has filed a Follow-on Equity Offering in the amount of $50 million.

Biodesix, Inc. to Report Q3, 2024 Results on Nov 01, 2024

Does Biodesix (NASDAQ:BDSX) Have A Healthy Balance Sheet?

Biodesix, Inc. Raised Revenue Guidance for the Year 2024

Biodesix, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Biodesix, Inc.'s (NASDAQ:BDSX) Popularity With Investors Is Clear

New major risk - Shareholder dilution

Biodesix, Inc. to Present New Data on the Nodify XL2 Test at ATS 2024 Annual Meeting

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Biodesix, Inc. to Report Q1, 2024 Results on May 08, 2024

Biodesix, Inc., Annual General Meeting, May 21, 2024

Biodesix, Inc. announced that it expects to receive $34.999422 million in funding

Biodesix, Inc. has completed a Follow-on Equity Offering in the amount of $20.000607 million.

With A 25% Price Drop For Biodesix, Inc. (NASDAQ:BDSX) You'll Still Get What You Pay For

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Biodesix, Inc. Provides Revenue Guidance for the Year 2024

Biodesix, Inc. to Report Q4, 2023 Results on Mar 01, 2024

President notifies of intention to sell stock

Biodesix, Inc.'s (NASDAQ:BDSX) P/S Is Still On The Mark Following 28% Share Price Bounce

Biodesix, Inc. Enhances Access to Nodify Lung Testing with Launch of New Blood Draw Method

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Biodesix, Inc. Provides Revenue Guidance for the Year 2023

Biodesix, Inc. to Report Q3, 2023 Results on Nov 07, 2023

New major risk - Share price stability

Biodesix, Inc. Announces Two Presentations on Lung Cancer Treatment Guidance Tests at the IASLC 2023 World Lung Conference on Lung Cancer

Independent Director recently bought US$217k worth of stock

Biodesix, Inc. Announces Presentation of New Nodify XL2(R) Data at AABIP Conference Highlighting Increased Proportion of Biopsies Diagnosing Cancer

Consensus EPS estimates upgraded to US$0.68 loss

New major risk - Negative shareholders equity

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Biodesix, Inc. to Report Q2, 2023 Results on Aug 07, 2023

It's Down 28% But Biodesix, Inc. (NASDAQ:BDSX) Could Be Riskier Than It Looks

Biodesix, Inc. Announces Publication of the ORACLE Clinical Utility Study with the Primary Endpoint Demonstrating That the Nodify XL2 Test Reduced Unnecessary Invasive Procedures on Benign Lung Nodules

Biodesix, Inc. Receives Advanced Diagnostic Laboratory Test Status for its Nodify CDT® Test by the Center for Medicare and Medicaid Services

Biodesix Completes Enrollment of Insight Study Assessing Clinical Utility of the Veristrat®? Blood-Based Host Immune Classifier

Biodesix, Inc. Announces Resignation of Ryan Siurek as Chief Accounting Officer, Effective July 3, 2023

Independent Director recently bought US$65k worth of stock

Biodesix, Inc. Announces New Clinical Utility Evidence for the Nodify XL2 Nodule Risk Assessment Test to Be Presented at ATS 2023 International Conference

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Biodesix, Inc. Reaffirms Revenue Guidance for the Year 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Independent Director recently bought US$125k worth of stock

Biodesix Announces First Four Private Payer Coverage Policies for the Nodify Xl2® Test

Biodesix Announces First Four Private Payer Coverage Policies for the Nodify Xl2® Test

Biodesix, Inc. Announces Appointment of Lawrence (Lair) T. Kennedy, Jr. to Board of Directors and Audit Committee of the Board, Effective January 3, 2023

Independent Director recently bought US$148k worth of stock

Biodesix, Inc. has completed a Follow-on Equity Offering in the amount of $30 million.

Price target decreased to US$5.00

Biodesix, Inc. Presents New Data from the Insight Study At the 2022 Society for Immunotherapy of Cancer 37Th Annual Meeting

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Biodesix, Inc. Provides Earnings Guidance for the Year 2022

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

A Second Look At Biodesix

Biodesix, Inc. Provides Revenue Guidance for the Third Quarter 2022

Biodesix expects Q3 revenue above the consensus

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Biodesix, Inc. Reaffirms Revenue Guidance for the Year 2022

Biodesix GAAP EPS of -$0.40 beats by $0.07, revenue of $10.95M beats by $2.12M

Biodesix, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Biodesix, Inc.(NasdaqGM:BDSX) dropped from Russell 2000 Growth Index

Biodesix, Inc. Obtains Medicare Coverage for the Nodify CDT Lung Nodule Test

Biodesix: Bad Diagnosis

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Biodesix, Inc. Provides Revenue Guidance for the Year 2022

Price target decreased to US$9.00

High number of new directors

Consensus forecasts updated