PubMatic Management

Management criteria checks 0/4

Key information

Rajeev Goel

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage	5.9%
CEO tenure	17.5yrs
CEO ownership	5.6%
Management average tenure	5.8yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

At US$21.67, Is PubMatic, Inc. (NASDAQ:PUBM) Worth Looking At Closely?

Apr 16

PubMatic's Earnings: Financial Fortitude, A Cash-Rich Game Changer (Rating Upgrade)

Feb 27

PubMatic, Inc.'s (NASDAQ:PUBM) Earnings Haven't Escaped The Attention Of Investors

Jan 30

CEO Compensation Analysis

How has Rajeev Goel's remuneration changed compared to PubMatic's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$10m	US$610k	US$9m
Sep 30 2023	n/a	n/a	US$3m
Jun 30 2023	n/a	n/a	US$5m
Mar 31 2023	n/a	n/a	US$18m
Dec 31 2022	US$7m	US$575k	US$29m
Sep 30 2022	n/a	n/a	US$44m
Jun 30 2022	n/a	n/a	US$54m
Mar 31 2022	n/a	n/a	US$56m
Dec 31 2021	US$9m	US$550k	US$57m
Sep 30 2021	n/a	n/a	US$34m
Jun 30 2021	n/a	n/a	US$21m
Mar 31 2021	n/a	n/a	US$10m
Dec 31 2020	US$4m	US$500k	US$6m
Sep 30 2020	n/a	n/a	US$1m
Dec 31 2019	US$2m	US$450k	US$439k

Compensation vs Earnings: Rajeev's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Rajeev Goel (44 yo)

17.5yrs

Tenure

US$10,271,412

Compensation

Mr. Rajeev K. Goel is the co-founder of PubMatic, Inc and has been its Chief Executive Officer since December 2008 and director since September 2006. He was General Manager at PubMatic, Inc from 2006 to 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Amar Goel	Founder	18.3yrs	US$3.59m	8.5% $ 97.0m
Rajeev Goel	Co-Founder	17.5yrs	US$10.27m	5.64% $ 64.3m
Mukul Kumar	Co-Founder & President of Engineering	no data	US$2.14m	0.29% $ 3.3m
Steven Pantelick	Chief Financial Officer	12.4yrs	US$4.65m	1.07% $ 12.2m
Paulina Klimenko	Chief Growth Officer	no data	US$3.34m	0.0060% $ 69.0k
Lisa Gimbel	Chief Accounting Officer & Principal Accounting Officer	less than a year	no data	no data
Andrew Woods	General Counsel & Corporate Secretary	2.3yrs	no data	0.042% $ 482.5k
Johanna Bauman	Chief Marketing Officer	4.4yrs	no data	no data
Lorrie Dougherty	Senior Vice President of Human Resources	no data	no data	no data
Jeffrey Hirsch	Chief Commercial Officer	7.3yrs	US$2.29m	0.028% $ 314.4k
Nishant Khatri	Executive VP of Product Management	no data	no data	no data
Robin Steinberg	Senior VP of Advertiser Solutions	less than a year	no data	no data

5.8yrs

Average Tenure

47yo

Average Age

Board Members

Name	Position	Tenure	Compensation	Ownership
Amar Goel	Founder	18.3yrs	US$3.59m	8.5% $ 97.0m
Rajeev Goel	Co-Founder	17.6yrs	US$10.27m	5.64% $ 64.3m
Timothy Draper	Observer	no data	no data	no data
John Gardner	Observer	no data	no data	no data
W. Carlborg	Independent Director	11.9yrs	US$27.08k	0.56% $ 6.4m
Nikhil Mehta	Independent Director	less than a year	US$149.31k	0% $ 0
Anton Hanebrink	Independent Director	less than a year	US$150.14k	0% $ 0
Jacob Shulman	Independent Director	1.8yrs	US$230.00k	0.016% $ 184.0k
Susan Daimler	Independent Director	3.4yrs	US$233.63k	0.0060% $ 68.5k
Ramon Jones	Independent Director	less than a year	US$75.95k	0% $ 0
Shelagh Glaser	Independent Director	1.8yrs	US$235.83k	0.016% $ 184.0k

1.8yrs

Average Tenure

52.5yo

Average Age

Experienced Board: PUBM's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

PubMatic Management

Management criteria checks 0/4

Key information

Recent management updates

Co-Founder & President of Engineering exercised options and sold US$151k worth of stock

PubMatic, Inc., Annual General Meeting, May 31, 2024

Chief Financial Officer exercised options and sold US$276k worth of stock

Founder notifies of intention to sell stock

Co-Founder notifies of intention to sell stock

Co-Founder notifies of intention to sell stock

Recent updates

Co-Founder & President of Engineering exercised options and sold US$151k worth of stock

PubMatic, Inc., Annual General Meeting, May 31, 2024

PubMatic, Inc. to Report Q1, 2024 Results on May 07, 2024

At US$21.67, Is PubMatic, Inc. (NASDAQ:PUBM) Worth Looking At Closely?

Chief Financial Officer exercised options and sold US$276k worth of stock

Founder notifies of intention to sell stock

Co-Founder notifies of intention to sell stock

Now 22% undervalued

Price target increased by 21% to US$22.25

PubMatic, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

PubMatic's Earnings: Financial Fortitude, A Cash-Rich Game Changer (Rating Upgrade)

Co-Founder notifies of intention to sell stock

PubMatic, Inc.'s (NASDAQ:PUBM) Earnings Haven't Escaped The Attention Of Investors

PubMatic, Inc. to Report Q4, 2023 Results on Feb 26, 2024

Chief Financial Officer exercised options and sold US$265k worth of stock

Less than half of directors are independent

Pubmatic Announces Appointment of Ramon Jones to Board of Directors

Chief Growth Officer exercised options and sold US$559k worth of stock

Consensus EPS estimates have been upgraded.

Chief Growth Officer notifies of intention to sell stock

PubMatic, Inc. Provides Earnings Guidance for Fourth Quarter 2023

New minor risk - Earnings quality

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Co-Founder notifies of intention to sell stock

Price target decreased by 7.8% to US$18.44

PubMatic, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Co-Founder recently sold US$212k worth of stock

Co-Founder notifies of intention to sell stock

High number of new directors

Estimating The Intrinsic Value Of PubMatic, Inc. (NASDAQ:PUBM)

Pubmatic, Inc. Announces Board Changes

New minor risk - Share price stability

Pubmatic, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Now 21% undervalued after recent price drop

Founder notifies of intention to sell stock

Price target increased by 10% to US$20.33

PubMatic Unveils Holistic Commerce Media Offering with the Launch of Convert

PubMatic, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Co-Founder recently sold US$326k worth of stock

Chief Financial Officer exercised options and sold US$140k worth of stock

PubMatic (NASDAQ:PUBM) Hasn't Managed To Accelerate Its Returns

PubMatic Enhances CTV Platform Amid Strong Momentum from Premium Streaming Publishers

PubMatic, Inc. Appoints Lisa Gimbel as Chief Accounting Officer and Principal Accounting Officer

Chief Commercial Officer notifies of intention to sell stock

Consensus EPS estimates fall by 17%

Estimating The Fair Value Of PubMatic, Inc. (NASDAQ:PUBM)

Investor sentiment improves as stock rises 18%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Pubmatic, Inc. Provides Revenue Guidance for the Second Quarter of 2023

Consensus EPS estimates fall by 18%

Chief Commercial Officer exercised options and sold US$50k worth of stock

Consensus EPS estimates fall by 30%

Co-Founder notifies of intention to sell stock

Consensus EPS estimates fall by 80%

Price target decreased by 8.9% to US$18.63

Full year 2022 earnings: EPS misses analyst expectations

At US$16.98, Is PubMatic, Inc. (NASDAQ:PUBM) Worth Looking At Closely?

PubMatic, Inc.'s (NASDAQ:PUBM) 29% Jump Shows Its Popularity With Investors

PubMatic, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Chief Commercial Officer exercised options and sold US$55k worth of stock

Chief Commercial Officer exercised options and sold US$67k worth of stock

Investor sentiment deteriorated over the past week

Independent Director recently sold US$247k worth of stock

Founder notifies of intention to sell stock

Chief Financial Officer exercised options and sold US$968k worth of stock

Analysts Just Shaved Their PubMatic, Inc. (NASDAQ:PUBM) Forecasts Dramatically

Less than half of directors are independent

PubMatic, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Price target decreased to US$24.75