Magnite Management
Management criteria checks 4/4
Magnite's CEO is Michael Barrett, appointed in Mar 2017, has a tenure of 7.08 years. total yearly compensation is $6.13M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth $7.33M. The average tenure of the management team and the board of directors is 3.8 years and 4 years respectively.
Key information
Michael Barrett
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds
Apr 04Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Mar 22
Magnite: Cash Flows Now Matter
Mar 08Revenues Not Telling The Story For Magnite, Inc. (NASDAQ:MGNI) After Shares Rise 29%
Mar 01Magnite: Don't Overlook The Catalyst Of The Election Year
Jan 25Pinning Down Magnite, Inc.'s (NASDAQ:MGNI) P/S Is Difficult Right Now
Jan 04Is Magnite, Inc. (NASDAQ:MGNI) Trading At A 36% Discount?
Dec 14Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?
Nov 03Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Jul 24Shareholders Should Be Pleased With Magnite, Inc.'s (NASDAQ:MGNI) Price
Apr 18Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Jan 24Magnite, Inc. (NASDAQ:MGNI) Shares Could Be 31% Below Their Intrinsic Value Estimate
Nov 11Fox collaborates with Magnite for monetization across OneFOX
Oct 19We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt
Oct 19Magnite, Group Black collaborate to help Black-owned media scale their offering
Sep 21Magnite: Underwhelming Results, Decent Prospects
Aug 10Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?
Jul 12Magnite: Recession Risk Is Priced In
May 24Mulling Over Magnite, Inc.
May 11Is Magnite (NASDAQ:MGNI) A Risky Investment?
Mar 14Magnite: A Strong Buy Under $15
Feb 27Magnite Stock: When Everything Sells Off, Investor Appetite Evaporates
Dec 15Magnite (NASDAQ:MGNI) Is Making Moderate Use Of Debt
Dec 05Magnite: CTV Slows Down Slightly And Investors Throw In The Towel
Nov 08Magnite: Privacy Headwinds Are Temporary
Oct 26Calculating The Fair Value Of Magnite, Inc. (NASDAQ:MGNI)
Oct 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$159m |
| Sep 30 2023 | n/a | n/a | -US$226m |
| Jun 30 2023 | n/a | n/a | -US$233m |
| Mar 31 2023 | n/a | n/a | -US$184m |
| Dec 31 2022 | US$6m | US$600k | -US$130m |
| Sep 30 2022 | n/a | n/a | -US$93m |
| Jun 30 2022 | n/a | n/a | -US$93m |
| Mar 31 2022 | n/a | n/a | -US$32m |
| Dec 31 2021 | US$18m | US$588k | US$65k |
| Sep 30 2021 | n/a | n/a | US$5m |
| Jun 30 2021 | n/a | n/a | US$19m |
| Mar 31 2021 | n/a | n/a | -US$57m |
| Dec 31 2020 | US$4m | US$459k | -US$53m |
| Sep 30 2020 | n/a | n/a | -US$58m |
| Jun 30 2020 | n/a | n/a | -US$53m |
| Mar 31 2020 | n/a | n/a | -US$23m |
| Dec 31 2019 | US$4m | US$515k | -US$25m |
| Sep 30 2019 | n/a | n/a | -US$29m |
| Jun 30 2019 | n/a | n/a | -US$37m |
| Mar 31 2019 | n/a | n/a | -US$47m |
| Dec 31 2018 | US$2m | US$515k | -US$62m |
Compensation vs Market: Michael's total compensation ($USD6.13M) is about average for companies of similar size in the US market ($USD5.57M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Barrett (61 yo)
7.1yrs
Tenure
US$6,128,497
Compensation
Mr. Michael G. Barrett serves as Chief Executive Officer of Telaria Inc. He has been Chief Executive Officer of Magnite, Inc. (formerly known as The Rubicon Project, Inc.). since March 2017 and serves as i...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$6.13m | 0.60% $ 7.3m | |
| Chief Financial Officer | 7.9yrs | US$3.62m | 0.13% $ 1.6m | |
| Chief Operating Officer | 3.6yrs | US$2.75m | 0.13% $ 1.5m | |
| Chief Product Officer | 6.8yrs | US$2.75m | 0.17% $ 2.1m | |
| Chief Revenue Officer | 2.3yrs | US$4.27m | 0.076% $ 918.6k | |
| Chief Accounting Officer | 2.8yrs | no data | 0.022% $ 262.9k | |
| Chief Technology Officer | 1.1yrs | no data | 0.050% $ 608.6k | |
| VP of Investor Relations & Head of Global Real Estate | no data | no data | no data | |
| Chief Legal Officer | 4yrs | no data | 0.13% $ 1.6m | |
| Global Head of Communications | no data | no data | no data | |
| Chief Marketing Officer | 5.8yrs | no data | no data | |
| Chief People Officer | 3.3yrs | no data | no data |
3.8yrs
Average Tenure
45yo
Average Age
Experienced Management: MGNI's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$6.13m | 0.60% $ 7.3m | |
| Independent Director | 10yrs | US$256.35k | 0.057% $ 698.2k | |
| Independent Lead Director | 10yrs | US$256.85k | 0.075% $ 915.4k | |
| Independent Director | 4yrs | US$251.35k | 0.15% $ 1.8m | |
| Non-Executive Chairman | 4yrs | US$309.35k | 0.11% $ 1.4m | |
| Independent Director | 4yrs | US$253.85k | 0.24% $ 3.0m | |
| Independent Director | 2.1yrs | US$685.67k | 0.020% $ 237.2k | |
| Independent Director | 4yrs | US$254.35k | 0.087% $ 1.1m | |
| Independent Director | 2.1yrs | US$661.67k | 0.020% $ 237.2k | |
| Independent Director | 4.8yrs | US$241.85k | 0.080% $ 967.8k |
4.0yrs
Average Tenure
58yo
Average Age
Experienced Board: MGNI's board of directors are considered experienced (4 years average tenure).