This company has been acquired
PetIQ Management
Management criteria checks 3/4
PetIQ's CEO is Cord Christensen, appointed in Jan 2010, has a tenure of 14.75 years. total yearly compensation is $4.75M, comprised of 22% salary and 78% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth $4.55M. The average tenure of the management team and the board of directors is 2.4 years and 3.6 years respectively.
Key information
Cord Christensen
Chief executive officer
US$4.7m
Total compensation
| CEO salary percentage | 22.0% |
| CEO tenure | 14.8yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.4yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
Does PetIQ (NASDAQ:PETQ) Have A Healthy Balance Sheet?
Aug 14
PetIQ: Attractive Acquisition Offer After Strong Earnings Growth In Q2
Aug 09PetIQ: Product Margin Gains Offset By Higher Marketing Spend
Jul 09White Brook Capital - PetIQ: Guidance And Street Estimates Are Too Conservative
Apr 20PetIQ (NASDAQ:PETQ) Seems To Use Debt Quite Sensibly
Apr 13PetIQ: Cost Savings, Higher EBITDA Suggest A Potential Valuation Re-Rate
Feb 06Investors Will Want PetIQ's (NASDAQ:PETQ) Growth In ROCE To Persist
Sep 15PetIQ, Inc. (NASDAQ:PETQ) Stock Rockets 26% But Many Are Still Ignoring The Company
Aug 16PetIQ (NASDAQ:PETQ) Has A Somewhat Strained Balance Sheet
Aug 10PetIQ's (NASDAQ:PETQ) Returns On Capital Are Heading Higher
Jun 14PetIQ (NASDAQ:PETQ) May Have Issues Allocating Its Capital
Feb 11PetIQ gains 1.84 % on $30M stock repurchase program
Sep 06PetIQ (NASDAQ:PETQ) Use Of Debt Could Be Considered Risky
Aug 23Here's What's Concerning About PetIQ's (NASDAQ:PETQ) Returns On Capital
Jul 27Is PetIQ (NASDAQ:PETQ) Using Too Much Debt?
May 06There Are Reasons To Feel Uneasy About PetIQ's (NASDAQ:PETQ) Returns On Capital
Apr 02The Prognosis For PetIQ
Feb 12PetIQ: Economies Of Scale Will Kick In Eventually
Jan 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$13m |
| Mar 31 2024 | n/a | n/a | US$7m |
| Dec 31 2023 | US$5m | US$1m | US$2m |
| Sep 30 2023 | n/a | n/a | US$13m |
| Jun 30 2023 | n/a | n/a | -US$37m |
| Mar 31 2023 | n/a | n/a | -US$42m |
| Dec 31 2022 | US$4m | US$998k | -US$48m |
| Sep 30 2022 | n/a | n/a | -US$55m |
| Jun 30 2022 | n/a | n/a | -US$14m |
| Mar 31 2022 | n/a | n/a | -US$15m |
| Dec 31 2021 | US$4m | US$950k | -US$16m |
| Sep 30 2021 | n/a | n/a | -US$11m |
| Jun 30 2021 | n/a | n/a | -US$73m |
| Mar 31 2021 | n/a | n/a | -US$79m |
| Dec 31 2020 | US$2m | US$818k | -US$83m |
| Sep 30 2020 | n/a | n/a | -US$85m |
| Jun 30 2020 | n/a | n/a | -US$20m |
| Mar 31 2020 | n/a | n/a | -US$15m |
| Dec 31 2019 | US$2m | US$516k | -US$11m |
| Sep 30 2019 | n/a | n/a | -US$4m |
| Jun 30 2019 | n/a | n/a | US$4m |
| Mar 31 2019 | n/a | n/a | US$3m |
| Dec 31 2018 | US$2m | US$491k | -US$782k |
| Sep 30 2018 | n/a | n/a | -US$575k |
| Jun 30 2018 | n/a | n/a | -US$3m |
| Mar 31 2018 | n/a | n/a | -US$6m |
| Dec 31 2017 | US$2m | US$295k | -US$3m |
Compensation vs Market: Cord's total compensation ($USD4.75M) is above average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Cord's compensation has been consistent with company performance over the past year.
CEO
Cord Christensen (52 yo)
14.8yrs
Tenure
US$4,746,641
Compensation
Mr. McCord Christensen, also known as Cord, serves as Chief Executive Officer of PetIQ, Inc. Mr. Christensen is the Co-Founder of PetIQ, Inc. in 2010. He is Chief Executive Officer and Chairman of PetIQ LL...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 14.8yrs | US$4.75m | 0.49% $ 4.5m | |
| President & COO | 2.3yrs | US$5.94m | 0.33% $ 3.1m | |
| Chief Financial Officer | 2.8yrs | US$1.95m | 0.087% $ 805.7k | |
| Executive VP & General Counsel | 1.2yrs | US$783.89k | 0.012% $ 109.3k | |
| Executive Vice President of Services & Manufactured Products | 2.4yrs | US$1.74m | 0.022% $ 208.1k | |
| Senior VP | no data | no data | no data |
2.4yrs
Average Tenure
52yo
Average Age
Experienced Management: PETQ's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 7.3yrs | US$4.75m | 0.49% $ 4.5m | |
| Lead Independent Director | 7.3yrs | US$162.50k | 0.063% $ 579.2k | |
| Independent Director | 3.6yrs | US$150.00k | 0.050% $ 463.0k | |
| Independent Director | 5.2yrs | US$155.00k | 0.020% $ 189.8k | |
| Independent Director | 3.6yrs | US$150.00k | 0.050% $ 463.0k | |
| Independent Director | 2.8yrs | US$150.00k | 0.045% $ 417.4k | |
| Independent Director | 2.5yrs | US$170.00k | 0.043% $ 400.0k |
3.6yrs
Average Tenure
52yo
Average Age
Experienced Board: PETQ's board of directors are considered experienced (3.6 years average tenure).