This company has been acquired
Eargo Management
Management criteria checks 2/4
Eargo's CEO is Bill Brownie, appointed in Dec 2016, has a tenure of 7.17 years. total yearly compensation is $625.20K, comprised of 62.4% salary and 37.6% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth $229.56. The average tenure of the management team and the board of directors is 1.4 years and 1.2 years respectively.
Key information
Bill Brownie
Chief executive officer
US$625.2k
Total compensation
| CEO salary percentage | 62.4% |
| CEO tenure | 7.2yrs |
| CEO ownership | 0.0004% |
| Management average tenure | 1.4yrs |
| Board average tenure | 1.2yrs |
Recent management updates
Recent updates
Eargo: Straining To Be Heard
Aug 30Eargo jumps 77% following FDA rule on OTC hearing aids
Aug 16Eargo Non-GAAP EPS of -$0.78 misses by $0.55, revenue of $7.25M misses by $21.05M
Aug 08Eargo completes $100M senior secured convertible notes issuance
Jul 05Eargo: A Binary Play On Hearing Loss
Dec 30Eargo Is A High Risk 'Option' With High Potential
Oct 08An Intrinsic Calculation For Eargo, Inc. (NASDAQ:EAR) Suggests It's 23% Undervalued
Jul 10
Eargo: I Am Slowly Starting To Listen
May 06What Kind Of Investors Own Most Of Eargo, Inc. (NASDAQ:EAR)?
Jan 16Eargo trades high afte hours on strong Q4 revenue, gross systems shipped
Jan 11Eargo: A Word Of Caution
Dec 15Eargo beats on revenue
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$108m |
| Jun 30 2023 | n/a | n/a | -US$141m |
| Mar 31 2023 | n/a | n/a | -US$149m |
| Dec 31 2022 | US$625k | US$390k | -US$157m |
| Sep 30 2022 | n/a | n/a | -US$159m |
| Jun 30 2022 | n/a | n/a | -US$188m |
| Mar 31 2022 | n/a | n/a | -US$175m |
| Dec 31 2021 | US$2m | US$369k | -US$158m |
| Sep 30 2021 | n/a | n/a | -US$124m |
| Jun 30 2021 | n/a | n/a | -US$45m |
| Mar 31 2021 | n/a | n/a | -US$32m |
| Dec 31 2020 | US$1m | US$258k | -US$30m |
| Sep 30 2020 | n/a | n/a | -US$32m |
| Jun 30 2020 | n/a | n/a | -US$44m |
| Mar 31 2020 | n/a | n/a | -US$47m |
| Dec 31 2019 | US$531k | US$300k | -US$44m |
| Sep 30 2019 | n/a | n/a | -US$42m |
| Dec 31 2018 | US$300k | US$300k | -US$34m |
Compensation vs Market: Bill's total compensation ($USD625.20K) is about average for companies of similar size in the US market ($USD671.51K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Brownie (55 yo)
7.2yrs
Tenure
US$625,200
Compensation
Mr. William H. Brownie, also known as Bill, serves as Chief Operating Officer at Eargo, Inc. since April 2019 and also serves as Interim Chief Executive Officer since July 2023. Mr. Brownie served as Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & COO | 7.2yrs | US$625.20k | 0.00043% $ 229.6 | |
| Co-Founder and Chief Clinical & Science Officer | no data | no data | no data | |
| Chief Financial Officer | less than a year | no data | 0.00015% $ 80.1 | |
| Chief Technology Officer | 1.4yrs | no data | no data | |
| Chief Legal Officer & Secretary | no data | no data | no data | |
| Senior Vice President of People Operations | no data | no data | no data |
1.4yrs
Average Tenure
Experienced Management: EAR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 9.6yrs | US$180.25k | 0.12% $ 65.4k | |
| Independent Director | 2.7yrs | US$174.74k | 0% $ 0 | |
| Independent Chairman of the Board | 1.2yrs | US$54.85k | 0% $ 0 | |
| Director | 1.2yrs | US$53.49k | 0% $ 0 | |
| Director | 1.2yrs | US$51.79k | 0% $ 0 | |
| Director | 1.2yrs | US$52.64k | 0% $ 0 |
1.2yrs
Average Tenure
49yo
Average Age
Experienced Board: EAR's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/20 20:30 |
| End of Day Share Price | 2024/02/20 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Eargo, Inc. is covered by 4 analysts. 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 |
|---|---|
| Robert Hopkins | BofA Global Research |
| Robert Marcus | J.P. Morgan |
| Lawrence Biegelsen | Wells Fargo Securities, LLC |