Magnite Management

Management criteria checks 4/4

Magnite's CEO is Michael Barrett, appointed in Mar 2017, has a tenure of 7.67 years. total yearly compensation is $5.64M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $10.50M. The average tenure of the management team and the board of directors is 4.4 years and 4.6 years respectively.

Key information

Michael Barrett

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage11.1%
CEO tenure7.7yrs
CEO ownership0.5%
Management average tenure4.4yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Optimistic Investors Push Magnite, Inc. (NASDAQ:MGNI) Shares Up 29% But Growth Is Lacking

Nov 12
Optimistic Investors Push Magnite, Inc. (NASDAQ:MGNI) Shares Up 29% But Growth Is Lacking

Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Oct 24
Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Magnite: Draws In The Big Players, 9x FCF

Oct 07

Magnite, Inc.'s (NASDAQ:MGNI) Intrinsic Value Is Potentially 77% Above Its Share Price

Aug 27
Magnite, Inc.'s (NASDAQ:MGNI) Intrinsic Value Is Potentially 77% Above Its Share Price

Magnite: Strong Growth But Customer Concentration Is A Concern

Aug 15

Magnite: Netflix Relationship Alone Can More Than Double CTV Annual Profit Pool

Jul 31

We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt

Jul 15
We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt

Some Shareholders Feeling Restless Over Magnite, Inc.'s (NASDAQ:MGNI) P/S Ratio

Jun 18
Some Shareholders Feeling Restless Over Magnite, Inc.'s (NASDAQ:MGNI) P/S Ratio

Magnite: Netflix Opportunity Highlights Undervaluation

May 20

Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds

Apr 04

Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Mar 22
Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Magnite: Cash Flows Now Matter

Mar 08

Revenues Not Telling The Story For Magnite, Inc. (NASDAQ:MGNI) After Shares Rise 29%

Mar 01
Revenues Not Telling The Story For Magnite, Inc. (NASDAQ:MGNI) After Shares Rise 29%

Magnite: Don't Overlook The Catalyst Of The Election Year

Jan 25

Pinning Down Magnite, Inc.'s (NASDAQ:MGNI) P/S Is Difficult Right Now

Jan 04
Pinning Down Magnite, Inc.'s (NASDAQ:MGNI) P/S Is Difficult Right Now

Is Magnite, Inc. (NASDAQ:MGNI) Trading At A 36% Discount?

Dec 14
Is Magnite, Inc. (NASDAQ:MGNI) Trading At A 36% Discount?

Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?

Nov 03
Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?

Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Jul 24
Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Shareholders Should Be Pleased With Magnite, Inc.'s (NASDAQ:MGNI) Price

Apr 18
Shareholders Should Be Pleased With Magnite, Inc.'s (NASDAQ:MGNI) Price

Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Jan 24
Is Magnite (NASDAQ:MGNI) Using Too Much Debt?

Magnite, Inc. (NASDAQ:MGNI) Shares Could Be 31% Below Their Intrinsic Value Estimate

Nov 11
Magnite, Inc. (NASDAQ:MGNI) Shares Could Be 31% Below Their Intrinsic Value Estimate

Fox collaborates with Magnite for monetization across OneFOX

Oct 19

We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt

Oct 19
We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt

Magnite, Group Black collaborate to help Black-owned media scale their offering

Sep 21

Magnite: Underwhelming Results, Decent Prospects

Aug 10

Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?

Jul 12
Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?

Magnite: Recession Risk Is Priced In

May 24

Mulling Over Magnite, Inc.

May 11

CEO Compensation Analysis

How has Michael Barrett's remuneration changed compared to Magnite's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$17m

Jun 30 2024n/an/a

-US$5m

Mar 31 2024n/an/a

-US$78m

Dec 31 2023US$6mUS$625k

-US$159m

Sep 30 2023n/an/a

-US$226m

Jun 30 2023n/an/a

-US$233m

Mar 31 2023n/an/a

-US$184m

Dec 31 2022US$6mUS$600k

-US$130m

Sep 30 2022n/an/a

-US$93m

Jun 30 2022n/an/a

-US$93m

Mar 31 2022n/an/a

-US$32m

Dec 31 2021US$18mUS$588k

US$65k

Sep 30 2021n/an/a

US$5m

Jun 30 2021n/an/a

US$19m

Mar 31 2021n/an/a

-US$57m

Dec 31 2020US$4mUS$459k

-US$53m

Sep 30 2020n/an/a

-US$58m

Jun 30 2020n/an/a

-US$53m

Mar 31 2020n/an/a

-US$23m

Dec 31 2019US$4mUS$515k

-US$25m

Sep 30 2019n/an/a

-US$29m

Jun 30 2019n/an/a

-US$37m

Mar 31 2019n/an/a

-US$47m

Dec 31 2018US$2mUS$515k

-US$62m

Compensation vs Market: Michael's total compensation ($USD5.64M) is about average for companies of similar size in the US market ($USD5.33M).

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


CEO

Michael Barrett (62 yo)

7.7yrs

Tenure

US$5,639,874

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

NamePositionTenureCompensationOwnership
Michael Barrett
President7.7yrsUS$5.64m0.46%
$ 10.5m
David Day
Chief Financial Officer8.5yrsUS$3.37m0.086%
$ 2.0m
Katie Evans
Chief Operating Officer4.2yrsUS$2.53m0.13%
$ 2.9m
Adam Soroca
Chief Product Officer7.3yrsUS$2.53m0.15%
$ 3.5m
Sean Buckley
Chief Revenue Officer2.8yrsUS$3.24m0.032%
$ 724.9k
Brian Gephart
Chief Accounting Officer3.4yrsno data0.016%
$ 370.6k
David Buonasera
Chief Technology Officer1.7yrsno data0.061%
$ 1.4m
Nick Kormeluk
VP of Investor Relations & Head of Global Real Estateno datano datano data
Aaron Saltz
Chief Legal Officer4.6yrsno data0.13%
$ 3.0m
Charlstie Veith
Global Head of Communicationsno datano datano data
David Hertog
Chief Marketing Officer6.4yrsno datano data
Shawna Hughes
Chief People Officer3.8yrsno datano data

4.4yrs

Average Tenure

45yo

Average Age

Experienced Management: MGNI's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Barrett
President7.7yrsUS$5.64m0.46%
$ 10.5m
Robert Spillane
Independent Director10.6yrsUS$259.18k0.049%
$ 1.1m
Rachel Lam
Independent Director4.6yrsUS$254.18k0.15%
$ 3.5m
Paul Caine
Non-Executive Chairman4.6yrsUS$312.18k0.12%
$ 2.8m
James Rossman
Independent Director4.6yrsUS$256.68k0.25%
$ 5.8m
David Pearson
Independent Director2.7yrsUS$261.18k0.037%
$ 845.1k
Douglas Knopper
Independent Director4.6yrsUS$257.18k0.096%
$ 2.2m
Diane Yu
Independent Director2.7yrsUS$239.68k0.037%
$ 845.1k
Sarah Harden
Independent Director5.3yrsUS$244.68k0.089%
$ 2.0m

4.6yrs

Average Tenure

58yo

Average Age

Experienced Board: MGNI's board of directors are considered experienced (4.6 years average tenure).