Akumin Management

Management criteria checks 3/4

Akumin's CEO is Riadh Zine Zine-El-Abidine, appointed in Mar 2022, has a tenure of 1.92 years. total yearly compensation is $1.78M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 5.74% of the company’s shares, worth $1.96M. The average tenure of the management team and the board of directors is 2.4 years and 4.5 years respectively.

Key information

Riadh Zine Zine-El-Abidine

Chief executive officer

US$1.8m

Total compensation

CEO salary percentage	46.1%
CEO tenure	1.9yrs
CEO ownership	5.7%
Management average tenure	2.4yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

These 4 Measures Indicate That Akumin (NASDAQ:AKU) Is Using Debt Extensively

Aug 26

Akumin CFO William Larkin terminated, David Kretschmer named interim CFO

Aug 15

CEO Compensation Analysis

How has Riadh Zine Zine-El-Abidine's remuneration changed compared to Akumin's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-US$256m
Jun 30 2023	n/a	n/a	-US$227m
Mar 31 2023	n/a	n/a	-US$161m
Dec 31 2022	US$2m	US$820k	-US$157m
Sep 30 2022	n/a	n/a	-US$147m
Jun 30 2022	n/a	n/a	-US$94m
Mar 31 2022	n/a	n/a	-US$71m
Dec 31 2021	US$3m	US$663k	-US$43m
Sep 30 2021	n/a	n/a	-US$30m
Jun 30 2021	n/a	n/a	-US$36m
Mar 31 2021	n/a	n/a	-US$37m
Dec 31 2020	US$2m	US$510k	-US$37m
Sep 30 2020	n/a	n/a	-US$15m
Jun 30 2020	n/a	n/a	-US$5m
Mar 31 2020	n/a	n/a	US$4m
Dec 31 2019	US$2m	US$500k	US$9m
Sep 30 2019	n/a	n/a	US$8m
Jun 30 2019	n/a	n/a	US$6m
Mar 31 2019	n/a	n/a	US$7m
Dec 31 2018	US$2m	US$500k	US$5m
Sep 30 2018	n/a	n/a	US$5m
Jun 30 2018	n/a	n/a	-US$5m
Mar 31 2018	n/a	n/a	-US$6m
Dec 31 2017	US$5m	US$500k	-US$8m

Compensation vs Market: Riadh Zine's total compensation ($USD1.78M) is above average for companies of similar size in the US market ($USD699.74K).

Compensation vs Earnings: Riadh Zine's compensation has been consistent with company performance over the past year.

CEO

Riadh Zine Zine-El-Abidine (51 yo)

1.9yrs

Tenure

US$1,780,507

Compensation

Mr. Riadh Zine-El-Abidine also known as Riadh Zine, was Director at Peraso Inc. (formerly known as "Peraso Technologies Inc."). He had been Co-Chief Executive Officer at Akumin Inc. since September 1, 2021...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Riadh Zine-El-Abidine	Chairman & CEO	1.9yrs	US$1.78m	5.74% $ 2.0m
Krishna Ananthasubramanian	President & COO	less than a year	no data	no data
Ronald Bienias	Interim CFO & Chief Restructuring Officer	less than a year	no data	no data
Paul Nelis	Chief Information Officer	2.1yrs	no data	0.0011% $ 376.1
Darren Speed	Chief Compliance Officer	no data	no data	no data
Tracy Wiese	Chief Strategy & Marketing Officer	2.4yrs	no data	no data
Holly Huso	Enterprise Sales Officer	2.4yrs	no data	no data
Laurie Miller	Chief Human Resources Officer	2.4yrs	no data	no data
Mohammad Saleem	Senior Vice President of Financial Reporting	no data	US$589.59k	no data
Christopher Fitzgerald	Chief Revenue Officer	no data	US$435.04k	no data
Gina Bonica-Delgado	General Counsel	2.4yrs	no data	no data
Douglas McCracken	President of Oncology	2.4yrs	no data	no data

2.4yrs

Average Tenure

54yo

Average Age

Experienced Management: AKUM.Q's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Riadh Zine-El-Abidine	Chairman & CEO	8.5yrs	US$1.78m	5.74% $ 2.0m
Paul Viviano	Independent Director	2.3yrs	US$210.00k	0.063% $ 21.4k
Stanley D. Dunford	Chairperson Emeritus of the Board of Directors	6.9yrs	US$222.50k	0.21% $ 72.0k
James Webb	Independent Director	6.5yrs	US$227.00k	2.17% $ 743.0k
James Wyper	Nominee Director	2.3yrs	US$200.00k	no data
Thomas Davies	Independent Director	6.9yrs	US$234.37k	0.27% $ 91.8k
Murray Lee	Lead Independent Director	6.9yrs	US$238.00k	0.30% $ 103.3k
Haichen Huang	Director	2.4yrs	US$200.00k	0.063% $ 21.4k
John Wagner	Director	1.1yrs	no data	0.23% $ 80.1k
Lawrence Sinclair	Independent Director	1.1yrs	no data	no data

4.5yrs

Average Tenure

63yo

Average Age

Experienced Board: AKUM.Q's board of directors are considered experienced (4.5 years average tenure).

Akumin Management

Management criteria checks 3/4

Key information

Recent management updates

Akumin Appoints Chandra Westergaard as General Counsel

Akumin Inc. Announces Chief Financial Officer Changes

Akumin Inc. Appoints Ronald J. Bienias to Serve as the Chief Restructuring Officer

Akumin Inc. Announces the Resignation of Rohit Navani as Chief Corporate Affairs Officer

Akumin Inc. Appoints Krishna Kumar as President and Chief Operating Officer of the Company, Effective as of June 16, 2023

Less than half of directors are independent

Recent updates

Akumin Appoints Chandra Westergaard as General Counsel

Akumin Files Form 15

Akumin Inc. Announces Chief Financial Officer Changes

Nasdaq to Delist the Securities of Akumin

Akumin Inc. announced delayed 10-Q filing

Akumin Inc. announced delayed 10-Q filing

Akumin Inc.(OTCPK:AKUM.Q) dropped from NASDAQ Composite Index

Akumin Inc.(NasdaqCM:AKU) dropped from S&P TMI Index

Akumin Inc. Filed for Bankruptcy

Akumin Inc. Filed for Bankruptcy

Akumin Inc. Appoints Ronald J. Bienias to Serve as the Chief Restructuring Officer

Akumin Reaches Agreement with Stonepeak to Become A Private Company

Akumin Inc. Announces the Resignation of Rohit Navani as Chief Corporate Affairs Officer

These 4 Measures Indicate That Akumin (NASDAQ:AKU) Is Using Debt Extensively

Akumin Inc. Receives Non-Compliance Notice from Nasdaq

New major risk - Share price stability

Akumin Inc. to Report Q2, 2023 Results on Aug 09, 2023

Akumin Inc. Appoints Krishna Kumar as President and Chief Operating Officer of the Company, Effective as of June 16, 2023

First quarter 2023 earnings released: US$0.39 loss per share (vs US$0.35 loss in 1Q 2022)

Akumin Inc. to Report Q1, 2023 Results on May 10, 2023

Full year 2022 earnings released

Less than half of directors are independent

Akumin Inc. Announces Management Appointments Effective January 1, 2023

Price target increased to US$3.00

Third quarter 2022 earnings released: US$0.60 loss per share (vs US$0.017 loss in 3Q 2021)

Akumin Inc. Provides Revenue Guidance for the Full-Year 2022

Akumin Inc. to Report Q3, 2022 Results on Nov 09, 2022

Akumin Inc. Announces the Termination of Matthew Cameron, Chief Legal Officer and Corporate Secretary

Akumin CFO William Larkin terminated, David Kretschmer named interim CFO

Akumin Inc. Announces Chief Financial Officer Transition

Akumin Inc. to Report Q2, 2022 Results on Aug 09, 2022

Akumin Receives Non-Compliance Letter from Nasdaq

Akumin Inc., Annual General Meeting, Jun 30, 2022

Akumin Inc. to Report Q1, 2022 Results on May 10, 2022

Rhonda Longmore-Grund Resigns from the Board of Directors of Akumin Inc

Akumin Inc. Provides Revenue Guidance for the Full-Year 2022

Akumin Inc. Provides Update on the Status of the Management Cease Trade Order Granted by the Ontario Securities Commission

Akumin Inc. (TSX:AKU) acquired Single clinic in South Florida.

Akumin Inc. Provides Revenues Guidance for the Year 2021

Akumin Inc., Annual General Meeting, May 13, 2021

Akumin Inc. Enters into Settlement Agreement

Akumin Ordinary Shares Deleted from Other OTC

Akumin Inc. (TSX:AKU) acquired Single Outpatient Diagnostic Imaging Centre in Illinois for $1.2 million.

Akumin Inc. (TSX:AKU) acquired Single center in Florida.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age