Abacus Life Management
Management criteria checks 1/4
Abacus Life's CEO is Jay Jackson, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is $310.18K, comprised of 90.3% salary and 9.7% bonuses, including company stock and options. directly owns 19.81% of the company’s shares, worth $152.41M. The average tenure of the management team and the board of directors is 0.8 years and 0.8 years respectively.
Key information
Jay Jackson
Chief executive officer
US$310.2k
Total compensation
| CEO salary percentage | 90.3% |
| CEO tenure | less than a year |
| CEO ownership | 19.8% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD3.40M).
Compensation vs Earnings: Jay's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jay Jackson (50 yo)
less than a year
Tenure
US$310,179
Compensation
Mr. Jay Jackson serves as the Chief Executive Officer, President and Director of Abacus Life, Inc., since July 2023 and serves as its Chairman. He serves as Chairman, President & CEO at Abacus Equity Incom...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | less than a year | US$310.18k | 19.81% $ 152.4m | |
| Co-Founder | no data | US$282.98k | 19.81% $ 152.4m | |
| Chief Financial Officer | less than a year | US$3.66m | no data | |
| Co-Founder | no data | US$210.00k | 19.81% $ 152.4m | |
| Co-Founder | no data | US$210.00k | 19.81% $ 152.4m | |
| Managing Director of Operations & HR | no data | no data | no data | |
| General Counsel | less than a year | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Managing Director of Sales | 1.3yrs | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director of Direct to Consumer | no data | no data | no data | |
| Chief Revenue Officer | less than a year | no data | no data |
0.8yrs
Average Tenure
51yo
Average Age
Experienced Management: ABL's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | less than a year | US$310.18k | 19.81% $ 152.4m | |
| Co-Founder | less than a year | US$282.98k | 19.81% $ 152.4m | |
| Independent Director | less than a year | US$46.20k | 0.012% $ 90.8k | |
| Independent Director | less than a year | US$46.20k | 0.028% $ 211.8k | |
| Independent Director | less than a year | US$55.44k | 0.035% $ 266.3k | |
| Independent Director | less than a year | US$46.20k | 0.036% $ 275.0k | |
| Independent Director | less than a year | US$46.20k | 0.012% $ 90.8k |
0.8yrs
Average Tenure
56yo
Average Age
Experienced Board: ABL's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.