Abacus Life Management
Management criteria checks 1/4
Abacus Life's CEO is Jay Jackson, appointed in Jul 2023, has a tenure of 1.42 years. total yearly compensation is $310.18K, comprised of 90.3% salary and 9.7% bonuses, including company stock and options. directly owns 11.17% of the company’s shares, worth $81.27M. The average tenure of the management team and the board of directors is 1.4 years and 1.4 years respectively.
Key information
Jay Jackson
Chief executive officer
US$310.2k
Total compensation
| CEO salary percentage | 90.3% |
| CEO tenure | 1.4yrs |
| CEO ownership | 11.2% |
| Management average tenure | 1.4yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$12m |
| Jun 30 2024 | n/a | n/a | -US$6m |
| Mar 31 2024 | n/a | n/a | US$82k |
| Dec 31 2023 | US$310k | US$280k | US$10m |
| Sep 30 2023 | n/a | n/a | US$26m |
| Jun 30 2023 | n/a | n/a | US$35m |
| Mar 31 2023 | n/a | n/a | US$33m |
| Dec 31 2022 | US$239k | US$210k | US$32m |
Compensation vs Market: Jay's total compensation ($USD310.18K) is below average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Jay's compensation has increased whilst the company is unprofitable.
CEO
Jay Jackson (52 yo)
1.4yrs
Tenure
US$310,179
Compensation
Mr. Jay J. Jackson serves as the Chief Executive Officer, President and Director of Abacus Life, Inc., since July 2023 and serves as its Chairman. He is the Chief Executive Officer of ABL Technologies, LLC...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 1.4yrs | US$310.18k | 11.17% $ 81.3m | |
| Co-Founder | no data | US$282.98k | 13.17% $ 95.8m | |
| Chief Financial Officer | 1.4yrs | US$3.66m | 0.053% $ 387.5k | |
| Co-Founder | no data | US$210.00k | 13.17% $ 95.8m | |
| Co-Founder | no data | US$210.00k | 13.17% $ 95.8m | |
| Managing Director of Operations & HR | no data | no data | no data | |
| Senior VP of Investor Relations & Corporate Affairs | less than a year | no data | no data | |
| General Counsel | 1.3yrs | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Managing Director of Sales | 1.9yrs | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director of Direct to Consumer | no data | no data | no data |
1.4yrs
Average Tenure
54yo
Average Age
Experienced Management: ABL's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 1.4yrs | US$310.18k | 11.17% $ 81.3m | |
| Co-Founder | 1.4yrs | US$282.98k | 13.17% $ 95.8m | |
| Independent Director | 1.4yrs | US$46.20k | 0.0080% $ 58.1k | |
| Independent Director | 1.4yrs | US$46.20k | 0.019% $ 135.6k | |
| Independent Director | 1.4yrs | US$46.20k | 0.023% $ 170.5k | |
| Independent Director | 1.4yrs | US$46.20k | 0.063% $ 457.9k | |
| Independent Director | 1.4yrs | US$55.44k | 0.0080% $ 58.1k |
1.4yrs
Average Tenure
58yo
Average Age
Experienced Board: ABL's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:06 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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
Abacus Life, Inc. is covered by 4 analysts. 4 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 |
|---|---|
| Matthew Howlett | B. Riley Securities, Inc. |
| Michael Grondahl | Northland Capital Markets |
| Crispin Love | Piper Sandler Companies |