EQRx, Inc.

NasdaqGM:EQRX Stock Report

Market Cap: US$1.1b

EQRx Management

Management criteria checks 2/4

EQRx's CEO is Melanie Nallicheri, appointed in Sep 2021, has a tenure of 2.17 years. total yearly compensation is $4.35M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 1.96% of the company’s shares, worth $22.30M. The average tenure of the management team and the board of directors is 3.3 years and 2.3 years respectively.

Key information

Melanie Nallicheri

Chief executive officer

US$4.4m

Total compensation

CEO salary percentage13.8%
CEO tenure2.2yrs
CEO ownership2.0%
Management average tenure3.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

We're Hopeful That EQRx (NASDAQ:EQRX) Will Use Its Cash Wisely

Jul 25
We're Hopeful That EQRx (NASDAQ:EQRX) Will Use Its Cash Wisely

EQRx (NASDAQ:EQRX) Is In A Good Position To Deliver On Growth Plans

Feb 22
EQRx (NASDAQ:EQRX) Is In A Good Position To Deliver On Growth Plans

We're Not Very Worried About EQRx's (NASDAQ:EQRX) Cash Burn Rate

Nov 08
We're Not Very Worried About EQRx's (NASDAQ:EQRX) Cash Burn Rate

EQRx: Saving American Lives, Made Possible By Low Cost Chinese Drugs

Aug 28

 EQRx GAAP EPS of -$0.17 beats by $0.03

Aug 11

Here's Why We're Not Too Worried About EQRx's (NASDAQ:EQRX) Cash Burn Situation

Jul 24
Here's Why We're Not Too Worried About EQRx's (NASDAQ:EQRX) Cash Burn Situation

We Think EQRx (NASDAQ:EQRX) Can Afford To Drive Business Growth

Apr 08
We Think EQRx (NASDAQ:EQRX) Can Afford To Drive Business Growth

EQRx (NASDAQ:EQRX) Is In A Good Position To Deliver On Growth Plans

Dec 24
EQRx (NASDAQ:EQRX) Is In A Good Position To Deliver On Growth Plans

CEO Compensation Analysis

How has Melanie Nallicheri's remuneration changed compared to EQRx's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-US$260m

Jun 30 2023n/an/a

-US$263m

Mar 31 2023n/an/a

-US$272m

Dec 31 2022US$4mUS$600k

-US$169m

Sep 30 2022n/an/a

-US$146m

Jun 30 2022n/an/a

-US$100m

Mar 31 2022n/an/a

-US$53m

Dec 31 2021US$4mUS$509k

-US$100m

Sep 30 2021n/an/a

-US$279m

Jun 30 2021n/an/a

-US$296m

Mar 31 2021n/an/a

-US$269m

Dec 31 2020US$771kUS$475k

-US$250m

Compensation vs Market: Melanie's total compensation ($USD4.35M) is about average for companies of similar size in the US market ($USD3.42M).

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

CEO

Melanie Nallicheri (54 yo)

2.2yrs

Tenure

US$4,351,052

Compensation

Ms. Melanie I. Nallicheri has been Chief Executive Officer and Director of EQRx, Inc. (Former Name: CM Life Sciences III Inc.) since September 1, 2021 and President since December 2021 and is its Principal...

Leadership Team

NamePositionTenureCompensationOwnership
Alexis Borisy
Founder & Executive Chairman of Board of Directors3.8yrsno data3.88%
$ 44.0m
Melanie Nallicheri
President2.2yrsUS$4.35m1.96%
$ 22.3m
Dina Ciarimboli
General Counsel & Corporate Secretary1.8yrsUS$2.02m0.032%
$ 366.8k
Robert Forrester
Co-Founder & Advisorno datano datano data
Peter Bach
Co-Founder & Advisorno datano datano data
Andrew Dillon
Co-Founder & Advisorno datano datano data
Daniel Hoey
Chief of Technical Operations3.3yrsno datano data
Rona Anhalt
Chief People Officer3.3yrsno datano data
Carlos Garcia-Echeverria
Chief of RX Creation2.3yrsno datano data
Eric Hedrick
Chief Physician Executive3.3yrsUS$736.87k0.13%
$ 1.5m
Vincent Miller
Physician-In-Chief3.7yrsno datano data

3.3yrs

Average Tenure

58yo

Average Age

Experienced Management: EQRX's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alexis Borisy
Founder & Executive Chairman of Board of Directors3.8yrsno data3.88%
$ 44.0m
Melanie Nallicheri
President2.2yrsUS$4.35m1.96%
$ 22.3m
Gail Wilensky
Member of Mission Advisory Board2.3yrsno datano data
Paul Berns
Independent Director3.8yrsUS$372.41k0.13%
$ 1.5m
Elias Zerhouni
Member of Mission Advisory Board2.3yrsno datano data
Mace Rothenberg
Member of Mission Advisory Board2.3yrsno datano data
Richard Schilsky
Member of Mission Advisory Board2.3yrsno datano data
Sandra Horning
Co-Founder4.3yrsUS$475.19k0.097%
$ 1.1m
Krishna Yeshwant
Independent Director3.8yrsUS$374.91k0%
$ 0
Ellen Sigal
Member of Mission Advisory Board2.3yrsno datano data
Amy Abernethy
Independent Director2.3yrsUS$750.00k0.041%
$ 468.0k
Otis Brawley
Member of Mission Advisory Board2.3yrsno datano data

2.3yrs

Average Tenure

61yo

Average Age

Experienced Board: EQRX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.