Premier Management
Management criteria checks 4/4
Premier's CEO is Mike Alkire, appointed in Apr 2019, has a tenure of 5.08 years. total yearly compensation is $7.80M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $4.83M. The average tenure of the management team and the board of directors is 5.1 years and 8.8 years respectively.
Key information
Mike Alkire
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
Premier's (NASDAQ:PINC) Dividend Will Be $0.21
Apr 30
Premier's (NASDAQ:PINC) Conservative Accounting Might Explain Soft Earnings
Feb 13Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Feb 06Is Premier (NASDAQ:PINC) A Risky Investment?
Feb 04Premier: SaaS Healthcare Products And M&A Imply Undervaluation
Jan 17We Discuss Why Premier, Inc.'s (NASDAQ:PINC) CEO Compensation May Be Closely Reviewed
Nov 25Premier (NASDAQ:PINC) Is Due To Pay A Dividend Of $0.21
Nov 15Premier's (NASDAQ:PINC) Dividend Will Be $0.21
Oct 31Here's Why Premier (NASDAQ:PINC) Can Manage Its Debt Responsibly
Jun 16Some Investors May Be Worried About Premier's (NASDAQ:PINC) Returns On Capital
May 22Premier (NASDAQ:PINC) Will Pay A Dividend Of $0.21
May 02Is Premier (NASDAQ:PINC) Using Too Much Debt?
Mar 12Premier, Inc.'s (NASDAQ:PINC) Intrinsic Value Is Potentially 41% Above Its Share Price
Feb 21Premier's (NASDAQ:PINC) Returns On Capital Not Reflecting Well On The Business
Feb 01Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Feb 01Premier (NASDAQ:PINC) Seems To Use Debt Quite Sensibly
Nov 21Premier's (NASDAQ:PINC) Dividend Will Be $0.21
Oct 25An Intrinsic Calculation For Premier, Inc. (NASDAQ:PINC) Suggests It's 46% Undervalued
Oct 19Some Investors May Be Worried About Premier's (NASDAQ:PINC) Returns On Capital
Oct 01Premier (NASDAQ:PINC) Will Pay A Larger Dividend Than Last Year At $0.21
Aug 23Premier Non-GAAP EPS of $0.61 beats by $0.01, revenue of $340.71M beats by $7.83M, issues FY23 guidance
Aug 16Premier (NASDAQ:PINC) Has Announced That It Will Be Increasing Its Dividend To $0.21
Aug 09These 4 Measures Indicate That Premier (NASDAQ:PINC) Is Using Debt Reasonably Well
Jul 29TruMed Systems awarded group purchasing agreement with Premier
Jul 25Premier Inc. gains on report of takeover interest
Jul 06Premier (NASDAQ:PINC) Will Want To Turn Around Its Return Trends
Jun 17Premier: 10 Years Of Consolidation, Now With 2% Yield
May 06These 4 Measures Indicate That Premier (NASDAQ:PINC) Is Using Debt Reasonably Well
Apr 29Results: Premier, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 03Is Premier, Inc. (NASDAQ:PINC) Trading At A 31% Discount?
Jan 28Is Premier (NASDAQ:PINC) Using Too Much Debt?
Nov 17Premier's (NASDAQ:PINC) Dividend Will Be Increased To US$0.20
Oct 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$167m |
| Sep 30 2023 | n/a | n/a | US$177m |
| Jun 30 2023 | US$8m | US$1m | US$175m |
| Mar 31 2023 | n/a | n/a | US$183m |
| Dec 31 2022 | n/a | n/a | US$175m |
| Sep 30 2022 | n/a | n/a | US$187m |
| Jun 30 2022 | US$8m | US$1m | US$266m |
| Mar 31 2022 | n/a | n/a | US$286m |
| Dec 31 2021 | n/a | n/a | US$295m |
| Sep 30 2021 | n/a | n/a | US$264m |
| Jun 30 2021 | US$6m | US$898k | US$261m |
| Mar 31 2021 | n/a | n/a | US$189m |
| Dec 31 2020 | n/a | n/a | US$482m |
| Sep 30 2020 | n/a | n/a | -US$6m |
| Jun 30 2020 | US$5m | US$864k | US$598m |
| Mar 31 2020 | n/a | n/a | US$356m |
| Dec 31 2019 | n/a | n/a | US$282m |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | US$4m | US$798k | US$16m |
| Mar 31 2019 | n/a | n/a | -US$43m |
| Dec 31 2018 | n/a | n/a | -US$413m |
| Sep 30 2018 | n/a | n/a | -US$826m |
| Jun 30 2018 | US$4m | US$798k | US$191m |
| Mar 31 2018 | n/a | n/a | US$200m |
| Dec 31 2017 | n/a | n/a | US$223m |
| Sep 30 2017 | n/a | n/a | US$342m |
| Jun 30 2017 | US$4m | US$798k | US$76m |
Compensation vs Market: Mike's total compensation ($USD7.80M) is about average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Alkire (60 yo)
5.1yrs
Tenure
US$7,799,803
Compensation
Mr. Michael J. Alkire, also known as Mike, has been the President of Premier, Inc. since April 26, 2019 and serves as its Chief Executive Officer and Director since May 01, 2021. He served as Chief Operati...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.1yrs | US$7.80m | 0.19% $ 4.8m | |
| Chief Administrative & Financial Officer & SVP | 11yrs | US$3.47m | 0.15% $ 3.7m | |
| Chief Operating Officer | less than a year | US$2.38m | 0.051% $ 1.3m | |
| General Counsel | 7.8yrs | US$1.99m | 0.088% $ 2.2m | |
| Senior Vice President of Supply Chain | 6.8yrs | US$1.44m | 0.050% $ 1.2m | |
| Chief Accounting Officer | 1.7yrs | no data | 0.012% $ 298.2k | |
| Director of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 2.3yrs | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Chief Commercial Officer | 12yrs | no data | 0.11% $ 2.6m | |
| Chief of Staff | 5.3yrs | no data | no data | |
| Chief Diversity & Inclusion Officer | 4.3yrs | no data | no data |
5.1yrs
Average Tenure
56yo
Average Age
Experienced Management: PINC's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | US$7.80m | 0.19% $ 4.8m | |
| Independent Director | 10.6yrs | US$282.20k | 0.027% $ 681.0k | |
| Independent Chairman | 11yrs | US$269.70k | 0.020% $ 484.4k | |
| Independent Director | 10.6yrs | US$269.70k | 0.020% $ 484.4k | |
| Independent Director | 9.3yrs | US$272.20k | 0.013% $ 322.5k | |
| Independent Director | 8.8yrs | US$277.20k | 0.020% $ 484.4k | |
| Independent Director | 8.8yrs | US$262.20k | 0.020% $ 484.4k | |
| Independent Director | 4.6yrs | US$262.20k | 0.021% $ 517.6k | |
| Independent Director | 3.9yrs | US$278.45k | 0.019% $ 470.2k |
8.8yrs
Average Tenure
67yo
Average Age
Experienced Board: PINC's board of directors are considered experienced (8.8 years average tenure).