Premier Management
Management criteria checks 2/4
Premier's CEO is Mike Alkire, appointed in Apr 2019, has a tenure of 5.67 years. total yearly compensation is $11.81M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth $10.93M. The average tenure of the management team and the board of directors is 4.9 years and 9.3 years respectively.
Key information
Mike Alkire
Chief executive officer
US$11.8m
Total compensation
| CEO salary percentage | 9.3% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.5% |
| Management average tenure | 4.9yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Premier's (NASDAQ:PINC) Soft Earnings Are Actually Better Than They Appear
Nov 13
Premier (NASDAQ:PINC) Is Due To Pay A Dividend Of $0.21
Nov 12Premier, Inc. Just Beat EPS By 355%: Here's What Analysts Think Will Happen Next
Nov 08Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Oct 29Is Premier (NASDAQ:PINC) A Risky Investment?
Oct 21Premier (NASDAQ:PINC) Will Pay A Dividend Of $0.21
Aug 29Time To Worry? Analysts Are Downgrading Their Premier, Inc. (NASDAQ:PINC) Outlook
Aug 21Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Aug 15Premier, Inc. (NASDAQ:PINC) Not Lagging Market On Growth Or Pricing
Jul 21Premier (NASDAQ:PINC) Will Pay A Dividend Of $0.21
May 28Premier's (NASDAQ:PINC) Dividend Will Be $0.21
Apr 30Premier'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 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$148m |
| Jun 30 2024 | US$12m | US$1m | US$120m |
| Mar 31 2024 | n/a | n/a | US$80m |
| Dec 31 2023 | n/a | n/a | US$167m |
| Sep 30 2023 | n/a | n/a | US$176m |
| 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$191m |
Compensation vs Market: Mike's total compensation ($USD11.81M) is above average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mike Alkire (61 yo)
5.7yrs
Tenure
US$11,806,381
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 serves as Chief Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.7yrs | US$11.81m | 0.52% $ 10.9m | |
| Chief Operating Officer | 6.4yrs | US$3.21m | 0.070% $ 1.5m | |
| General Counsel | 8.4yrs | US$2.13m | 0.048% $ 994.6k | |
| Executive Advisor | less than a year | US$4.02m | 0.19% $ 3.9m | |
| Chief Commercial Officer | 12.6yrs | US$2.00m | 0.040% $ 832.6k | |
| CFO & Chief Administrative Officer | less than a year | no data | 0.15% $ 3.1m | |
| Senior VP of Finance & Chief Accounting Officer | 2.3yrs | no data | 0.031% $ 658.6k | |
| Director of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 2.9yrs | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Chief of Staff | 5.9yrs | no data | no data | |
| Chief Diversity & Inclusion Officer | 4.9yrs | no data | no data |
4.9yrs
Average Tenure
57yo
Average Age
Experienced Management: PINC's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | US$11.81m | 0.52% $ 10.9m | |
| Independent Director | 11.2yrs | US$284.00k | 0.047% $ 975.6k | |
| Independent Chairman | 11.6yrs | US$310.42k | 0.037% $ 769.2k | |
| Independent Director | 11.2yrs | US$271.05k | 0.037% $ 769.2k | |
| Independent Vice Chair of the Board | 9.9yrs | US$277.36k | 0.015% $ 303.2k | |
| Independent Director | 9.3yrs | US$278.55k | 0.037% $ 769.2k | |
| Independent Director | 9.3yrs | US$263.55k | 0.037% $ 769.2k | |
| Independent Director | 5.2yrs | US$269.17k | 0.032% $ 673.4k | |
| Independent Director | 4.5yrs | US$290.14k | 0.024% $ 504.2k |
9.3yrs
Average Tenure
68yo
Average Age
Experienced Board: PINC's board of directors are considered experienced (9.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Premier, Inc. is covered by 33 analysts. 8 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 |
|---|---|
| Richard Close | Avondale Partners |
| Eric Coldwell | Baird |
| Steven Valiquette | Barclays |