Emerald Holding, Inc.

NYSE:EEX Stock Report

Market Cap: US$993.5m

Emerald Holding Management

Management criteria checks 3/4

Emerald Holding's CEO is Hervé Sedky, appointed in Jan 2021, has a tenure of 5.42 years. total yearly compensation is $2.67M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $1.26M. The average tenure of the management team and the board of directors is 4.8 years and 8.2 years respectively.

Key information

Hervé Sedky

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage24.35%
CEO tenure5.4yrs
CEO ownership0.1%
Management average tenure4.8yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

Narrative Update Jun 13

EEX: Apollo Takeover And Recent Downgrades Will Shape Risk Reward Balance

Analysts have adjusted their price target on Emerald Holding to $5.03. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E, while incorporating recent downgrades from the Street.
Narrative Update May 30

EEX: Apollo Takeover Terms And Execution Risks Will Shape Future Upside

Analysts have trimmed their price target on Emerald Holding to $5.03. This reflects updated views on discount rate, revenue growth, profit margin and future P/E assumptions following recent downgrades from multiple firms.
Seeking Alpha May 12

Emerald Holding: Final Thoughts After The Apollo Acquisition

Summary Emerald Holding, Inc. is being acquired by Apollo Global for $5.03 per share, with Onex supporting the deal. EEX’s organic growth stagnated post-pandemic, with revenue gains driven by acquisitions and LT debt/EBITDA above 4x. The transaction values EEX at ~11.8x–13x EBITDA, aligning with historical B2B events industry multiples. With minimal arbitrage remaining, I rate EEX a Sell and recommend reallocating capital elsewhere. Read the full article on Seeking Alpha
Narrative Update May 12

EEX: Apollo Deal Terms And Reset Expectations Will Define Future Upside

Analysts have reduced their price target for Emerald Holding from $7.95 to $5.03, citing updated assumptions for revenue growth, profitability, discount rate, and a lower future P/E multiple following recent downgrades at major firms. Analyst Commentary Recent Street research on Emerald Holding reflects a reassessment of the stock that has fed into the lower price target, with analysts updating their views on growth, profitability, and valuation multiples.
Analysis Article Jan 09

Does Emerald Holding (NYSE:EEX) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 19

Revenues Tell The Story For Emerald Holding, Inc. (NYSE:EEX) As Its Stock Soars 33%

Emerald Holding, Inc. ( NYSE:EEX ) shareholders are no doubt pleased to see that the share price has bounced 33% in the...
Analysis Article Jul 31

There's Been No Shortage Of Growth Recently For Emerald Holding's (NYSE:EEX) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
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New Narrative May 28

Expanding Global Markets And Premium Events Will Strengthen Future Position

Portfolio diversification through premium and tech-focused event acquisitions is strengthening revenue durability and supporting long-term margin growth.
Analysis Article May 09

Shareholders Can Be Confident That Emerald Holding's (NYSE:EEX) Earnings Are High Quality

Emerald Holding, Inc. ( NYSE:EEX ) recently posted some strong earnings, and the market responded positively. We did...
Analysis Article May 08

Revenues Tell The Story For Emerald Holding, Inc. (NYSE:EEX) As Its Stock Soars 32%

Emerald Holding, Inc. ( NYSE:EEX ) shares have had a really impressive month, gaining 32% after a shaky period...
Analysis Article Feb 27

Returns Are Gaining Momentum At Emerald Holding (NYSE:EEX)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Jan 23

Investors Still Waiting For A Pull Back In Emerald Holding, Inc. (NYSE:EEX)

Emerald Holding, Inc.'s ( NYSE:EEX ) price-to-sales (or "P/S") ratio of 2.3x may not look like an appealing investment...
Analysis Article Oct 12

Calculating The Intrinsic Value Of Emerald Holding, Inc. (NYSE:EEX)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Emerald Holding fair value estimate is US$3.93 Current share...
Analysis Article Sep 22

Why Investors Shouldn't Be Surprised By Emerald Holding, Inc.'s (NYSE:EEX) P/S

Emerald Holding, Inc.'s ( NYSE:EEX ) price-to-sales (or "P/S") ratio of 2.3x may not look like an appealing investment...
Analysis Article Aug 27

Emerald Holding's (NYSE:EEX) Returns Have Hit A Wall

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Aug 06

Is There Now An Opportunity In Emerald Holding, Inc. (NYSE:EEX)?

Emerald Holding, Inc. ( NYSE:EEX ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Jul 16

Emerald Holding (NYSE:EEX) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 30

Emerald Holding, Inc.'s (NYSE:EEX) Popularity With Investors Is Clear

When close to half the companies in the Media industry in the United States have price-to-sales ratios (or "P/S") below...
Analysis Article Mar 01

Emerald Holding (NYSE:EEX) Has Some Difficulty Using Its Capital Effectively

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article Dec 27

Risks To Shareholder Returns Are Elevated At These Prices For Emerald Holding, Inc. (NYSE:EEX)

With a median price-to-sales (or "P/S") ratio of close to 1x in the Media industry in the United States, you could be...
Seeking Alpha Dec 08

Emerald Holding Aims For Advertising Segment Revamp

Summary Emerald Holding, Inc. has reported Q3 2023 financial results, missing revenue but beating earnings estimates. The company provides live event-related services, production, and software. Softness in advertising and content, especially in the technology industry, may delay the generation of strong revenue growth. I'm Neutral [Hold] on Emerald Holding for the near term. Read the full article on Seeking Alpha
Analysis Article Oct 20

These 4 Measures Indicate That Emerald Holding (NYSE:EEX) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

CEO Compensation Analysis

How has Hervé Sedky's remuneration changed compared to Emerald Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$39m

Dec 31 2025US$3mUS$650k

-US$31m

Sep 30 2025n/an/a

US$5m

Jun 30 2025n/an/a

US$8m

Mar 31 2025n/an/a

US$5m

Dec 31 2024US$1mUS$650k

-US$10m

Sep 30 2024n/an/a

-US$44m

Jun 30 2024n/an/a

-US$33m

Mar 31 2024n/an/a

-US$47m

Dec 31 2023US$6mUS$650k

-US$50m

Sep 30 2023n/an/a

-US$17m

Jun 30 2023n/an/a

US$11m

Mar 31 2023n/an/a

US$22m

Dec 31 2022US$2mUS$650k

US$32m

Sep 30 2022n/an/a

US$10m

Jun 30 2022n/an/a

-US$37m

Mar 31 2022n/an/a

-US$85m

Dec 31 2021US$8mUS$650k

-US$115m

Compensation vs Market: Hervé's total compensation ($USD2.67M) is about average for companies of similar size in the US market ($USD3.67M).

Compensation vs Earnings: Hervé's compensation has increased whilst the company is unprofitable.


CEO

Hervé Sedky (56 yo)

5.4yrs
Tenure
US$2,669,073
Compensation

Mr. Hervé Sedky is President, Chief Executive Officer & Director of Emerald X, LLC. He is President and Chief Executive Officer at Emerald Holding, Inc. (formerly known as Emerald Expositions Events, Inc.)...


Leadership Team

NamePositionTenureCompensationOwnership
Hervé Sedky
CEO, President & Director5.4yrsUS$2.67m0.13%
$ 1.3m
David Doft
Treasurer & CFO6.4yrsUS$1.98m0.0078%
$ 77.1k
Issa Jouaneh
President of Connections5.3yrsUS$3.48m0.0050%
$ 50.2k
Christina Wilkes
Senior Vice President of Operations1.6yrsno datano data
Vincenzo DiMaggio
Chief Accounting Officerless than a yearno datano data
Sara Altschul
Executive VP2.1yrsUS$1.04m0%
$ 0
Erica Bartsch
Executive Vice President of Strategy & Communications1.3yrsno datano data
Les Weir
Senior Vice President of Corporate Development4.4yrsno datano data
Ren Akinci
Executive VP & Chief People Officer5.3yrsno datano data
Karalynn Sprouse
Executive Vice President12yrsno datano data
Joanne Wheatley
Senior Vice President of Marketing & Digital Operationsno datano datano data
Gannon Brousseau
Executive Vice Presidentno datano datano data
4.8yrs
Average Tenure
54yo
Average Age

Experienced Management: EEX's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hervé Sedky
CEO, President & Director5.3yrsUS$2.67m0.13%
$ 1.3m
Anthony Munk
Non-Independent Director6.1yrsno datano data
Konstantin Gilis
Chairman of the Board13yrsno datano data
Todd Hyatt
Independent Director10.5yrsUS$185.00k0.058%
$ 572.8k
David Levin
Preferred Stock Director5.8yrsUS$175.00k0.15%
$ 1.5m
Lynda Clarizio
Independent Preferred Stock Director5.8yrsUS$182.50k0.058%
$ 574.5k
Lisa Klinger
Independent Director8.2yrsUS$200.00k0.054%
$ 536.7k
Michael Alicea
Independent Director10.5yrsUS$200.00k0.065%
$ 650.6k
Emmanuelle Skala
Independent Director8.4yrsUS$182.50k0.054%
$ 538.9k
8.2yrs
Average Tenure
59yo
Average Age

Experienced Board: EEX's board of directors are considered experienced (8.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/18 06:47
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Emerald Holding, Inc. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey MeulerBaird
Jitaek ChuBofA Global Research
Ashish SabadraDeutsche Bank