Avid Bioservices Management
Management criteria checks 2/4
Avid Bioservices' CEO is Nick Green, appointed in Jul 2020, has a tenure of 3.83 years. total yearly compensation is $6.46M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $1.71M. The average tenure of the management team and the board of directors is 4.2 years and 4.8 years respectively.
Key information
Nick Green
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 9.9% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.2yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
There's No Escaping Avid Bioservices, Inc.'s (NASDAQ:CDMO) Muted Revenues Despite A 40% Share Price Rise
Mar 07
We Think Avid Bioservices (NASDAQ:CDMO) Has A Fair Chunk Of Debt
Feb 28There's No Escaping Avid Bioservices, Inc.'s (NASDAQ:CDMO) Muted Revenues Despite A 39% Share Price Rise
Dec 28Does Avid Bioservices (NASDAQ:CDMO) Have A Healthy Balance Sheet?
Nov 10Calculating The Intrinsic Value Of Avid Bioservices, Inc. (NASDAQ:CDMO)
Oct 15Time To Worry? Analysts Are Downgrading Their Avid Bioservices, Inc. (NASDAQ:CDMO) Outlook
Jun 23Is Avid Bioservices (NASDAQ:CDMO) Using Too Much Debt?
Jun 12Little Excitement Around Avid Bioservices, Inc.'s (NASDAQ:CDMO) Earnings As Shares Take 26% Pounding
May 21Are Investors Undervaluing Avid Bioservices, Inc. (NASDAQ:CDMO) By 49%?
May 12Does Avid Bioservices (NASDAQ:CDMO) Have A Healthy Balance Sheet?
Mar 13Here's Why Avid Bioservices (NASDAQ:CDMO) Has A Meaningful Debt Burden
Nov 10Avid Bioservices GAAP EPS of $0.02 beats by $0.01, revenue of $36.7M beats by $3.26M
Sep 06Laughing Water Capital - Avid Bioservices: Not A Binary Bet But A Real Business
Jul 27Avid Bioservices GAAP EPS of $1.65 beats by $1.65, revenue of $31M beats by $2.04M
Jun 29Avid Bioservices (NASDAQ:CDMO) Seems To Use Debt Quite Sensibly
May 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | -US$18m |
| Oct 31 2023 | n/a | n/a | -US$12m |
| Jul 31 2023 | n/a | n/a | -US$3m |
| Apr 30 2023 | US$6m | US$642k | US$560k |
| Jan 31 2023 | n/a | n/a | US$116m |
| Oct 31 2022 | n/a | n/a | US$119m |
| Jul 31 2022 | n/a | n/a | US$123m |
| Apr 30 2022 | US$6m | US$600k | US$128m |
| Jan 31 2022 | n/a | n/a | US$10m |
| Oct 31 2021 | n/a | n/a | US$9m |
| Jul 31 2021 | n/a | n/a | US$6m |
| Apr 30 2021 | US$3m | US$421k | US$3m |
Compensation vs Market: Nick's total compensation ($USD6.46M) is above average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Nick's compensation has increased whilst the company is unprofitable.
CEO
Nick Green (58 yo)
3.8yrs
Tenure
US$6,461,784
Compensation
Mr. Nicholas Stewart Green, also known as Nick, B.Sc., MBA, has been the President, Chief Executive Officer and Director at Avid Bioservices, Inc. since July 30, 2020. He served as the Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$6.46m | 0.32% $ 1.7m | |
| Chief Financial Officer | 5.8yrs | US$1.94m | 0.13% $ 692.3k | |
| Chief Operations Officer | 4.6yrs | US$1.11m | 0.051% $ 273.5k | |
| VP, General Counsel & Corporate Secretary | 11.9yrs | US$1.38m | 0.10% $ 545.9k | |
| Chief Commercial Officer | 2.6yrs | US$1.28m | 0.034% $ 183.5k | |
| Vice President of People | 2.3yrs | no data | no data |
4.2yrs
Average Tenure
58yo
Average Age
Experienced Management: CDMO's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$6.46m | 0.32% $ 1.7m | |
| Independent Chairman | 6.5yrs | US$257.45k | 0.16% $ 872.0k | |
| Independent Director | 4.8yrs | US$227.45k | 0.026% $ 140.0k | |
| Independent Director | 6.5yrs | US$227.45k | 0.015% $ 80.9k | |
| Independent Director | 3.4yrs | US$227.45k | 0.030% $ 158.7k | |
| Director | 6.5yrs | US$192.45k | 0.12% $ 663.2k | |
| Independent Director | 2.8yrs | US$222.45k | 0.016% $ 86.7k |
4.8yrs
Average Tenure
64yo
Average Age
Experienced Board: CDMO's board of directors are considered experienced (4.8 years average tenure).