Avidity Biosciences Management
Management criteria checks 2/4
Avidity Biosciences' CEO is Sarah Boyce, appointed in Oct 2019, has a tenure of 4.58 years. total yearly compensation is $11.14M, comprised of 5.7% salary and 94.3% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $122.15K. The average tenure of the management team and the board of directors is 3.5 years and 4.7 years respectively.
Key information
Sarah Boyce
Chief executive officer
US$11.1m
Total compensation
| CEO salary percentage | 5.7% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.005% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
Here's Why We're Not Too Worried About Avidity Biosciences' (NASDAQ:RNA) Cash Burn Situation
Mar 01
Avidity Biosciences: DMD Advancement And 2024 Catalysts Make It A Must-Watch
Feb 29Is Avidity Biosciences (NASDAQ:RNA) In A Good Position To Deliver On Growth Plans?
Nov 04Here's Why We're Not Too Worried About Avidity Biosciences' (NASDAQ:RNA) Cash Burn Situation
Apr 08Here's Why We're Not Too Worried About Avidity Biosciences' (NASDAQ:RNA) Cash Burn Situation
Nov 17Avidity slips 20% as FDA places lead asset on partial clinical hold
Sep 27We Think Avidity Biosciences (NASDAQ:RNA) Can Afford To Drive Business Growth
Jul 29Avidity stock rises amid Chardan starting coverage with Buy
Jul 20Avidity, Dyn gain as Raymond James turns bullish on targeted oligonucleotides
Jul 12We're Hopeful That Avidity Biosciences (NASDAQ:RNA) Will Use Its Cash Wisely
Mar 26Avidity Biosciences: Risks And Potential
Dec 09We Think Avidity Biosciences (NASDAQ:RNA) Can Afford To Drive Business Growth
Nov 30Avidity Biosciences (NASDAQ:RNA) Is In A Good Position To Deliver On Growth Plans
Jun 07Companies Like Avidity Biosciences (NASDAQ:RNA) Are In A Position To Invest In Growth
Feb 22Avidity Biosciences Has A Promising RNA Therapy Platform
Jan 13Avidity inks research deal with Bristol Myers' subsidiary, gives 2021 pipeline updates
Jan 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$229m |
| Dec 31 2023 | US$11m | US$635k | -US$212m |
| Sep 30 2023 | n/a | n/a | -US$202m |
| Jun 30 2023 | n/a | n/a | -US$193m |
| Mar 31 2023 | n/a | n/a | -US$192m |
| Dec 31 2022 | US$5m | US$601k | -US$174m |
| Sep 30 2022 | n/a | n/a | -US$162m |
| Jun 30 2022 | n/a | n/a | -US$148m |
| Mar 31 2022 | n/a | n/a | -US$128m |
| Dec 31 2021 | US$6m | US$570k | -US$118m |
| Sep 30 2021 | n/a | n/a | -US$96m |
| Jun 30 2021 | n/a | n/a | -US$78m |
| Mar 31 2021 | n/a | n/a | -US$62m |
| Dec 31 2020 | US$823k | US$484k | -US$44m |
| Sep 30 2020 | n/a | n/a | -US$38m |
| Jun 30 2020 | n/a | n/a | -US$34m |
| Mar 31 2020 | n/a | n/a | -US$28m |
| Dec 31 2019 | US$4m | US$104k | -US$25m |
Compensation vs Market: Sarah's total compensation ($USD11.14M) is above average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Sarah's compensation has increased whilst the company is unprofitable.
CEO
Sarah Boyce (51 yo)
4.6yrs
Tenure
US$11,139,719
Compensation
Ms. Sarah Boyce has been President, Chief Executive Officer and Director at Avidity Biosciences Inc. (Formerly known as Avidity Biosciences LLC) since October 2019. She has been an Independent Director of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Independent Chairman | 11.5yrs | US$260.31k | 0.080% $ 2.0m | |
| President | 4.6yrs | US$11.14m | 0.0049% $ 122.2k | |
| Chief Financial & Chief Business Officer | 4yrs | US$4.48m | 0.0081% $ 200.4k | |
| Chief Scientific & Technical Officer | 3.3yrs | US$4.89m | 0.0064% $ 159.9k | |
| Chief Human Resources Officer | 3.8yrs | US$3.73m | 0.018% $ 442.2k | |
| Distinguished Scientist | 1.3yrs | US$3.03m | 0.27% $ 6.6m | |
| Chief Strategy Officer | less than a year | US$235.31k | 0% $ 0 | |
| Scientific Founder | 12.3yrs | no data | no data | |
| Scientific Founder & Member of Scientific Advisory Board | 12.3yrs | no data | no data | |
| VP of Investor Relation & Corporate Communication | less than a year | no data | no data | |
| VP of Intellectual Property | no data | no data | no data | |
| Senior VP of Global Program & Head DM1 | 1.3yrs | no data | no data |
3.5yrs
Average Tenure
59yo
Average Age
Experienced Management: RNA's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Independent Chairman | 11.5yrs | US$260.31k | 0.080% $ 2.0m | |
| President | 4.6yrs | US$11.14m | 0.0049% $ 122.2k | |
| Distinguished Scientist | 1.3yrs | US$3.03m | 0.27% $ 6.6m | |
| Scientific Founder | no data | no data | no data | |
| Scientific Founder & Member of Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 4.1yrs | US$245.31k | 0% $ 0 | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 4.8yrs | US$244.31k | 0% $ 0 | |
| Observer | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 4.8yrs | US$245.81k | 0% $ 0 | |
| Member of Scientific Advisory Board | no data | no data | no data |
4.7yrs
Average Tenure
57.5yo
Average Age
Experienced Board: RNA's board of directors are considered experienced (4.7 years average tenure).