Premier Management
Management criteria checks 3/4
Premier's CEO is Mike Alkire, appointed in Apr 2019, has a tenure of 5.42 years. total yearly compensation is $7.80M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.58% of the company’s shares, worth $11.06M. The average tenure of the management team and the board of directors is 4.7 years and 9.1 years respectively.
Key information
Mike Alkire
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 5.4yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4.7yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
Premier (NASDAQ:PINC) Will Pay A Dividend Of $0.21
Aug 29
Time 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 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 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | 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$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$191m |
Compensation vs Market: Mike's total compensation ($USD7.80M) is above average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Alkire (61 yo)
5.4yrs
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 serves as Chief Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.4yrs | US$7.80m | 0.58% $ 11.1m | |
| CFO, Chief Administrative Officer & Senior VP | 11.3yrs | US$3.47m | 0.26% $ 5.0m | |
| Chief Operating Officer | less than a year | US$2.38m | 0.076% $ 1.5m | |
| General Counsel | 8.2yrs | US$1.99m | 0.10% $ 1.9m | |
| Senior VP of Finance & Chief Accounting Officer | 2yrs | no data | 0.030% $ 578.8k | |
| Director of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 2.7yrs | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Chief Commercial Officer | 12.3yrs | no data | 0.087% $ 1.7m | |
| Chief of Staff | 5.7yrs | no data | no data | |
| Chief Diversity & Inclusion Officer | 4.7yrs | no data | no data | |
| Senior Vice President of Government Affairs | 2.7yrs | no data | no data |
4.7yrs
Average Tenure
57yo
Average Age
Experienced Management: PINC's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$7.80m | 0.58% $ 11.1m | |
| Independent Director | 10.9yrs | US$282.20k | 0.033% $ 628.8k | |
| Independent Chairman | 11.3yrs | US$269.70k | 0.023% $ 447.3k | |
| Independent Director | 10.9yrs | US$269.70k | 0.023% $ 447.3k | |
| Independent Director | 9.7yrs | US$272.20k | 0.0020% $ 37.6k | |
| Independent Director | 9.1yrs | US$277.20k | 0.023% $ 447.3k | |
| Independent Director | 9.1yrs | US$262.20k | 0.023% $ 447.3k | |
| Independent Director | 4.9yrs | US$262.20k | 0.025% $ 478.0k | |
| Independent Director | 4.3yrs | US$278.45k | 0.016% $ 307.4k |
9.1yrs
Average Tenure
68yo
Average Age
Experienced Board: PINC's board of directors are considered experienced (9.1 years average tenure).