This company has been acquired
Metromile Management
Management criteria checks 0/4
Key information
Dan Preston
Chief executive officer
US$43.6m
Total compensation
| CEO salary percentage | 1.0% |
| CEO tenure | 8.5yrs |
| CEO ownership | 1.0% |
| Management average tenure | 1.5yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
Metromile: Despite Heightened Risks, It's Time To Buy The Dip
Sep 12Metromile's Growth Runway Is Just Beginning
Aug 17Metromile: Weaker Q2 And Lower Outlook Sent Shares Down 20%
Aug 10Metromile: Promising Small-Cap Insurance Innovator
Aug 01Metromile: Good Progress In Q1, But Still Above 10x Premiums
May 29Metromile will allow customers to pay premiums, get claims in bitcoin
May 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2022 | n/a | n/a | -US$147m |
| Dec 31 2021 | US$44m | US$439k | -US$216m |
| Sep 30 2021 | n/a | n/a | -US$255m |
| Jun 30 2021 | n/a | n/a | -US$239m |
| Mar 31 2021 | n/a | n/a | -US$207m |
| Dec 31 2020 | US$371k | US$350k | -US$120m |
| Sep 30 2020 | n/a | n/a | -US$56m |
| Dec 31 2019 | US$351k | US$350k | -US$57m |
Compensation vs Market: Dan's total compensation ($USD43.62M) is above average for companies of similar size in the US market ($USD767.73K).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
CEO
Dan Preston (37 yo)
8.5yrs
Tenure
US$43,617,098
Compensation
Mr. Dan Preston joined Metromile in 2013 as Chief Technology Officer before becoming Chief Executive Officer in 2014. Under his leadership, Metromile has experienced significant policy, premium and employe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 8.5yrs | US$43.62m | 0.97% $ 1.3m | |
| Chief Financial Officer | 1.2yrs | US$5.44m | 0.00083% $ 1.1k | |
| Chief Accounting Officer & Treasurer | 2.1yrs | US$2.24m | 0.12% $ 160.5k | |
| General Counsel & Corporate Secretary | 1.4yrs | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Senior Vice President of Growth | 1.2yrs | no data | no data | |
| Senior Vice President of Product | 1.5yrs | no data | no data | |
| Senior Vice President of Claims | 1.5yrs | no data | no data | |
| Senior Vice President of Insurance | 1.5yrs | no data | 0.0063% $ 8.6k |
1.5yrs
Average Tenure
39yo
Average Age
Experienced Management: MILE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | no data | US$43.62m | 0.97% $ 1.3m | |
| Independent Director | 4.5yrs | US$197.84k | 0% $ 0 | |
| Independent Director | 1.4yrs | US$197.84k | 0.32% $ 438.7k | |
| Independent Chairman of the Board | less than a year | US$92.53k | 0.090% $ 123.4k | |
| Independent Director | less than a year | US$92.53k | no data | |
| Independent Director | 1.4yrs | US$197.84k | 0% $ 0 |
1.4yrs
Average Tenure
42.5yo
Average Age
Experienced Board: MILE'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 | 2022/07/28 08:12 |
| End of Day Share Price | 2022/07/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Metromile, Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Joshua Siegler | Cantor Fitzgerald & Co. |
| Arvind Ramnani | Piper Sandler Companies |