HealthEquity Management
Management criteria checks 3/4
HealthEquity's CEO is Jon Kessler, appointed in Feb 2014, has a tenure of 10.25 years. total yearly compensation is $13.40M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth $31.19M. The average tenure of the management team and the board of directors is 2.8 years and 7.7 years respectively.
Key information
Jon Kessler
Chief executive officer
US$13.4m
Total compensation
| CEO salary percentage | 5.2% |
| CEO tenure | 10.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.8yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
Are Investors Undervaluing HealthEquity, Inc. (NASDAQ:HQY) By 48%?
May 03
Market Participants Recognise HealthEquity, Inc.'s (NASDAQ:HQY) Revenues
Apr 11HealthEquity: Multiple Compression Has Finally Made It A Buy
Mar 21Investors Appear Satisfied With HealthEquity, Inc.'s (NASDAQ:HQY) Prospects
Dec 28Is HealthEquity (NASDAQ:HQY) A Risky Investment?
Nov 17HealthEquity, Inc.'s (NASDAQ:HQY) Intrinsic Value Is Potentially 51% Above Its Share Price
Oct 26Does HealthEquity (NASDAQ:HQY) Have A Healthy Balance Sheet?
Jul 27HealthEquity, Inc. (NASDAQ:HQY) Shares Could Be 37% Below Their Intrinsic Value Estimate
Jul 07Does HealthEquity (NASDAQ:HQY) Have A Healthy Balance Sheet?
Apr 18Estimating The Intrinsic Value Of HealthEquity, Inc. (NASDAQ:HQY)
Mar 14Is HealthEquity (NASDAQ:HQY) Using Too Much Debt?
Dec 24Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Dec 02Is HealthEquity, Inc. (NASDAQ:HQY) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 11These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
Sep 08HealthEquity Non-GAAP EPS of $0.33 in-line, revenue of $206.1M beats by $2.22M
Sep 06HealthEquity: Asymmetry In Valuation Continues To Widen
Aug 25HealthEquity COO steps down, CEO to assume his responsibilities
Aug 02Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Jul 27Calculating The Intrinsic Value Of HealthEquity, Inc. (NASDAQ:HQY)
Jul 06These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
May 24Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Apr 12An Intrinsic Calculation For HealthEquity, Inc. (NASDAQ:HQY) Suggests It's 29% Undervalued
Mar 16HealthEquity: Quality Firm, But Not Likely Worth The Price
Mar 01These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
Jan 28Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Jan 02HealthEquity, Inc. (NASDAQ:HQY) Shares Could Be 26% Below Their Intrinsic Value Estimate
Dec 09Is HealthEquity (NASDAQ:HQY) Using Too Much Debt?
Oct 10Is There An Opportunity With HealthEquity, Inc.'s (NASDAQ:HQY) 36% Undervaluation?
Sep 05Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Aug 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | US$56m |
| Oct 31 2023 | n/a | n/a | US$29m |
| Jul 31 2023 | n/a | n/a | US$13m |
| Apr 30 2023 | n/a | n/a | -US$8m |
| Jan 31 2023 | US$13m | US$700k | -US$26m |
| Oct 31 2022 | n/a | n/a | -US$59m |
| Jul 31 2022 | n/a | n/a | -US$62m |
| Apr 30 2022 | n/a | n/a | -US$55m |
| Jan 31 2022 | US$10m | US$700k | -US$44m |
| Oct 31 2021 | n/a | n/a | -US$6m |
| Jul 31 2021 | n/a | n/a | US$723k |
| Apr 30 2021 | n/a | n/a | US$4m |
| Jan 31 2021 | US$9m | US$667k | US$9m |
| Oct 31 2020 | n/a | n/a | US$3m |
| Jul 31 2020 | n/a | n/a | -US$20m |
| Apr 30 2020 | n/a | n/a | -US$332k |
| Jan 31 2020 | US$5m | US$500k | US$40m |
| Oct 31 2019 | n/a | n/a | US$53m |
| Jul 31 2019 | n/a | n/a | US$90m |
| Apr 30 2019 | n/a | n/a | US$93m |
| Jan 31 2019 | US$5m | US$483k | US$74m |
| Oct 31 2018 | n/a | n/a | US$67m |
| Jul 31 2018 | n/a | n/a | US$61m |
| Apr 30 2018 | n/a | n/a | US$56m |
| Jan 31 2018 | US$4m | US$400k | US$47m |
Compensation vs Market: Jon's total compensation ($USD13.40M) is above average for companies of similar size in the US market ($USD8.45M).
Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.
CEO
Jon Kessler (55 yo)
10.3yrs
Tenure
US$13,400,167
Compensation
Mr. Jon Kessler is a Member of the Board of Managers at HealthEquity Advisors, LLC. He has been the Chief Executive Officer and President of HealthEquity, Inc. since February 2014. Mr. Kessler founded Wage...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.3yrs | US$13.40m | 0.45% $ 31.2m | |
| Founder & Vice Chairman | 21.5yrs | US$2.79m | 0.96% $ 65.6m | |
| Executive VP & CTO | 2.2yrs | US$12.51m | 0.011% $ 753.1k | |
| CFO & Executive VP | less than a year | no data | no data | |
| Executive Vice President of Operations | 6.1yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 7.7yrs | US$1.53m | 0.043% $ 3.0m | |
| Executive Vice President of Sales & Relationship Management | 2.8yrs | no data | no data | |
| Senior Vice President of Corporate Development | 7.1yrs | no data | no data | |
| Executive VP & Chief Marketing Officer | 2.3yrs | no data | no data | |
| Executive VP & Chief People Officer | 1.1yrs | no data | no data | |
| Senior VP & Head of Product | 1.5yrs | no data | no data |
2.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: HQY's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.2yrs | US$13.40m | 0.45% $ 31.2m | |
| Founder & Vice Chairman | 21.5yrs | US$2.79m | 0.96% $ 65.6m | |
| Independent Director | 7.7yrs | US$375.50k | 0.059% $ 4.0m | |
| Independent Non-Executive Chairman | 8.7yrs | US$440.50k | 0.049% $ 3.4m | |
| Independent Director | 1.7yrs | US$191.81k | 0.00071% $ 48.8k | |
| Independent Director | 9.8yrs | US$363.00k | 0.034% $ 2.3m | |
| Independent Director | 9.8yrs | US$350.50k | 0.0048% $ 329.1k | |
| Independent Director | 3.4yrs | US$343.00k | 0.037% $ 2.6m | |
| Independent Director | 6.8yrs | US$363.00k | 0.014% $ 958.5k | |
| Independent Director | 6.1yrs | US$353.00k | 0.0082% $ 564.1k | |
| Independent Director | 2yrs | US$278.11k | 0.0057% $ 395.1k |
7.7yrs
Average Tenure
62yo
Average Age
Experienced Board: HQY's board of directors are considered experienced (7.7 years average tenure).