Magnite Management
Management criteria checks 4/4
Magnite's CEO is Michael Barrett, appointed in Mar 2017, has a tenure of 7.75 years. total yearly compensation is $5.64M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $5.81M. The average tenure of the management team and the board of directors is 4.5 years and 4.7 years respectively.
Key information
Michael Barrett
Chief executive officer
US$5.6m
Total compensation
| CEO salary percentage | 11.1% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.5yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
Magnite: Capitalizing On CTV Tailwinds As The Leading SSP
Dec 23An Intrinsic Calculation For Magnite, Inc. (NASDAQ:MGNI) Suggests It's 44% Undervalued
Dec 03
Optimistic Investors Push Magnite, Inc. (NASDAQ:MGNI) Shares Up 29% But Growth Is Lacking
Nov 12Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Oct 24Magnite: Draws In The Big Players, 9x FCF
Oct 07Magnite, Inc.'s (NASDAQ:MGNI) Intrinsic Value Is Potentially 77% Above Its Share Price
Aug 27Magnite: Strong Growth But Customer Concentration Is A Concern
Aug 15Magnite: Netflix Relationship Alone Can More Than Double CTV Annual Profit Pool
Jul 31We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt
Jul 15Some Shareholders Feeling Restless Over Magnite, Inc.'s (NASDAQ:MGNI) P/S Ratio
Jun 18Magnite: Netflix Opportunity Highlights Undervaluation
May 20Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds
Apr 04Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Mar 22Magnite: 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 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$17m |
| Jun 30 2024 | n/a | n/a | -US$5m |
| Mar 31 2024 | n/a | n/a | -US$78m |
| Dec 31 2023 | US$6m | US$625k | -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$62m |
Compensation vs Market: Michael's total compensation ($USD5.64M) is about average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Barrett (62 yo)
7.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$5.64m | 0.25% $ 5.8m | |
| Chief Financial Officer | 8.6yrs | US$3.37m | 0.075% $ 1.7m | |
| President of Operations | 4.3yrs | US$2.53m | 0.12% $ 2.8m | |
| Chief Product Officer | 7.4yrs | US$2.53m | 0.15% $ 3.5m | |
| President of Revenue | 2.9yrs | US$3.24m | 0.028% $ 644.1k | |
| Chief Accounting Officer | 3.5yrs | no data | 0.016% $ 373.3k | |
| Chief Technology Officer | 1.8yrs | no data | 0.047% $ 1.1m | |
| VP of Investor Relations & Head of Global Real Estate | no data | no data | no data | |
| Chief Legal Officer | 4.7yrs | no data | 0.13% $ 3.0m | |
| Global Head of Communications | no data | no data | no data | |
| Chief Marketing Officer | 6.5yrs | no data | no data | |
| Chief People Officer | 3.9yrs | no data | no data |
4.5yrs
Average Tenure
45yo
Average Age
Experienced Management: MGNI's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$5.64m | 0.25% $ 5.8m | |
| Independent Director | 10.7yrs | US$259.18k | 0.040% $ 929.1k | |
| Independent Director | 4.7yrs | US$254.18k | 0.15% $ 3.6m | |
| Non-Executive Chairman | 4.7yrs | US$312.18k | 0.12% $ 2.9m | |
| Independent Director | 4.7yrs | US$256.68k | 0.25% $ 5.8m | |
| Independent Director | 2.8yrs | US$261.18k | 0.037% $ 851.3k | |
| Independent Director | 4.7yrs | US$257.18k | 0.096% $ 2.2m | |
| Independent Director | 2.8yrs | US$239.68k | 0.037% $ 851.3k | |
| Independent Director | 5.4yrs | US$244.68k | 0.089% $ 2.1m |
4.7yrs
Average Tenure
58yo
Average Age
Experienced Board: MGNI's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:59 |
| End of Day Share Price | 2024/12/24 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 |
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| Management | 10 years |
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| 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
Magnite, Inc. is covered by 27 analysts. 10 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 |
|---|---|
| Daniel Kurnos | Benchmark Company |
| Alexandra Ross | Berenberg |
| Murali Sankar | Boenning & Scattergood, Inc. |