Singular Genomics Systems Management
Management criteria checks 2/4
Singular Genomics Systems' CEO is Drew Spaventa, appointed in Jan 2016, has a tenure of 8.5 years. total yearly compensation is $1.57M, comprised of 34.8% salary and 65.2% bonuses, including company stock and options. directly owns 5.63% of the company’s shares, worth $1.19M. The average tenure of the management team and the board of directors is 3.3 years and 2.9 years respectively.
Key information
Drew Spaventa
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 34.8% |
| CEO tenure | 8.5yrs |
| CEO ownership | 5.6% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.9yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$96m |
| Dec 31 2023 | US$2m | US$546k | -US$95m |
| Sep 30 2023 | n/a | n/a | -US$93m |
| Jun 30 2023 | n/a | n/a | -US$94m |
| Mar 31 2023 | n/a | n/a | -US$93m |
| Dec 31 2022 | US$5m | US$521k | -US$91m |
| Sep 30 2022 | n/a | n/a | -US$90m |
| Jun 30 2022 | n/a | n/a | -US$83m |
| Mar 31 2022 | n/a | n/a | -US$97m |
| Dec 31 2021 | US$678k | US$431k | -US$99m |
| Sep 30 2021 | n/a | n/a | -US$87m |
| Jun 30 2021 | n/a | n/a | -US$77m |
| Mar 31 2021 | n/a | n/a | -US$47m |
| Dec 31 2020 | US$475k | US$366k | -US$28m |
Compensation vs Market: Drew's total compensation ($USD1.57M) is above average for companies of similar size in the US market ($USD697.54K).
Compensation vs Earnings: Drew's compensation has been consistent with company performance over the past year.
CEO
Drew Spaventa (39 yo)
8.5yrs
Tenure
US$1,567,091
Compensation
Mr. Andrew Spaventa, also known as Drew, founded Singular Genomics Systems, Inc. in 2016 and has been its Director since 2016. Mr. Spaventa serves as the Chairman and Chief Executive Officer of Singular Ge...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.5yrs | US$1.57m | 5.63% $ 1.2m | |
| Founder | no data | US$113.61k | 1.43% $ 297.1k | |
| Founder | 8.5yrs | US$915.28k | 6.22% $ 1.3m | |
| Chief Financial Officer | 4.6yrs | US$851.48k | 0.30% $ 62.9k | |
| Chief Operating Officer | 1.5yrs | no data | 0.014% $ 2.9k | |
| Senior VP | 1.1yrs | no data | no data | |
| Head of Sales | 1.9yrs | no data | no data | |
| Head of Human Resources | 4.8yrs | no data | no data | |
| Chief Business Officer | less than a year | no data | no data |
3.3yrs
Average Tenure
51.5yo
Average Age
Experienced Management: OMIC's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.5yrs | US$1.57m | 5.63% $ 1.2m | |
| Founder | 7.8yrs | US$113.61k | 1.43% $ 297.1k | |
| Founder | no data | US$915.28k | 6.22% $ 1.3m | |
| Member of Scientific Advisory Board & Independent Director | 2.5yrs | US$98.61k | 0% $ 0 | |
| Independent Lead Director | 7.3yrs | US$131.50k | 0.47% $ 98.5k | |
| Independent Director | 7.2yrs | US$103.61k | 0.020% $ 4.2k | |
| Member of Scientific Advisory Board | 2.2yrs | no data | no data | |
| Member of Scientific Advisory Board | 2.2yrs | no data | no data | |
| Independent Director | 3.3yrs | US$113.61k | 0% $ 0 | |
| Independent Director | less than a year | US$87.05k | no data | |
| Member of Scientific Advisory Board | 2.2yrs | no data | no data |
2.9yrs
Average Tenure
57yo
Average Age
Experienced Board: OMIC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.