IRIDEX Management
Management criteria checks 4/4
IRIDEX's CEO is David Bruce, appointed in May 2019, has a tenure of 6.08 years. total yearly compensation is $765.77K, comprised of 48.1% salary and 51.9% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $163.05K. The average tenure of the management team and the board of directors is 5 years and 5.1 years respectively.
Key information
David Bruce
Chief executive officer
US$765.8k
Total compensation
| CEO salary percentage | 48.1% |
| CEO tenure | 5yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Iridex's Strategic Review Process Should Bear Fruit 'Soon'
Mar 28Little Excitement Around IRIDEX Corporation's (NASDAQ:IRIX) Revenues
Feb 14
Will IRIDEX (NASDAQ:IRIX) Spend Its Cash Wisely?
Oct 04Lacklustre Performance Is Driving IRIDEX Corporation's (NASDAQ:IRIX) 32% Price Drop
Aug 12Will IRIDEX (NASDAQ:IRIX) Spend Its Cash Wisely?
Apr 14We're Hopeful That IRIDEX (NASDAQ:IRIX) Will Use Its Cash Wisely
Oct 12Is IRIDEX (NASDAQ:IRIX) Using Too Much Debt?
Feb 25Iridex To Benefit From New Revolutionary Glaucoma Treatment
Jan 11Analysts Expect Breakeven For IRIDEX Corporation (NASDAQ:IRIX) Before Long
Jan 03IRIDEX says laser therapy now accepted in the European Glaucoma Society guidelines
Dec 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 30 2023 | n/a | n/a | -US$10m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jul 01 2023 | n/a | n/a | -US$8m |
| Apr 01 2023 | n/a | n/a | -US$7m |
| Dec 31 2022 | US$766k | US$368k | -US$8m |
| Oct 01 2022 | n/a | n/a | -US$9m |
| Jul 02 2022 | n/a | n/a | -US$9m |
| Apr 02 2022 | n/a | n/a | -US$6m |
| Jan 01 2022 | US$1m | US$368k | -US$5m |
| Oct 02 2021 | n/a | n/a | -US$3m |
| Jul 03 2021 | n/a | n/a | -US$3m |
| Apr 03 2021 | n/a | n/a | -US$7m |
| Jan 02 2021 | US$651k | US$363k | -US$6m |
| Sep 26 2020 | n/a | n/a | -US$8m |
| Jun 27 2020 | n/a | n/a | -US$8m |
| Mar 28 2020 | n/a | n/a | -US$7m |
| Dec 28 2019 | US$1m | US$220k | -US$9m |
| Sep 28 2019 | n/a | n/a | -US$10m |
| Jun 29 2019 | n/a | n/a | -US$11m |
| Mar 30 2019 | n/a | n/a | -US$12m |
| Dec 29 2018 | US$105k | n/a | -US$13m |
Compensation vs Market: David's total compensation ($USD765.77K) is about average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Bruce (64 yo)
5yrs
Tenure
US$765,765
Compensation
Mr. David I. Bruce has been President and Chief Executive Officer at IRIDEX Corporation since May 21, 2019. Mr. Bruce has been a Director of IRIDEX Corporation since April 13, 2018. He served as the Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5yrs | US$765.77k | 0.35% $ 163.1k | |
| Interim Chief Financial Officer | 3.5yrs | US$424.90k | no data | |
| Chief Operating Officer | 5.7yrs | US$568.01k | 0.22% $ 99.9k | |
| Head of Investor Relations | no data | no data | no data |
5.0yrs
Average Tenure
53yo
Average Age
Experienced Management: IRIX's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | US$765.77k | 0.35% $ 163.1k | |
| Independent Chairman | 5.1yrs | US$148.06k | 0.42% $ 196.1k | |
| Independent Director | 2.2yrs | US$156.65k | 0.17% $ 78.3k | |
| Independent Director | 5.1yrs | US$134.20k | 0.38% $ 178.0k | |
| Independent Director | 5.6yrs | US$119.50k | 0.74% $ 344.4k | |
| Independent Director | 2.9yrs | US$121.75k | 0.23% $ 108.0k |
5.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: IRIX's board of directors are considered experienced (5.1 years average tenure).