Scilex Holding Management
Management criteria checks 2/4
Scilex Holding's CEO is Jaisim Shah, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is $785.73K, comprised of 98.4% salary and 1.6% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth $13.47K. The average tenure of the management team and the board of directors is 1.5 years and 1.1 years respectively.
Key information
Jaisim Shah
Chief executive officer
US$785.7k
Total compensation
| CEO salary percentage | 98.4% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.5yrs |
| Board average tenure | 1.1yrs |
Recent management updates
Recent updates
It's Down 33% But Scilex Holding Company (NASDAQ:SCLX) Could Be Riskier Than It Looks
Apr 24
Scilex Holding Company's (NASDAQ:SCLX) 35% Price Boost Is Out Of Tune With Revenues
Feb 28Risks To Shareholder Returns Are Elevated At These Prices For Scilex Holding Company (NASDAQ:SCLX)
Dec 21Scilex Holding Company's (NASDAQ:SCLX) 56% Dip In Price Shows Sentiment Is Matching Earnings
May 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$167m |
| Sep 30 2023 | n/a | n/a | -US$163m |
| Jun 30 2023 | n/a | n/a | -US$54m |
| Mar 31 2023 | n/a | n/a | -US$45m |
| Dec 31 2022 | US$786k | US$773k | -US$23m |
| Sep 30 2022 | n/a | n/a | -US$47m |
| Jun 30 2022 | n/a | n/a | -US$81m |
| Mar 31 2022 | n/a | n/a | -US$78m |
| Dec 31 2021 | US$881k | US$579k | -US$88m |
Compensation vs Market: Jaisim's total compensation ($USD785.73K) is about average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Jaisim's compensation has been consistent with company performance over the past year.
CEO
Jaisim Shah (63 yo)
1.5yrs
Tenure
US$785,733
Compensation
Mr. Jaisim Shah serves as Chief Executive Officer and President of SCILEX Pharmaceuticals, Inc. since March 2019. He serves as Chief Executive Officer, President and Director of Scilex Holding Company sinc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | less than a year | US$33.92m | 0.50% $ 509.5k | |
| Senior VP | less than a year | US$2.14m | 0% $ 0 | |
| President | 1.5yrs | US$785.73k | 0.013% $ 13.5k | |
| CTO & Senior VP | 1.5yrs | no data | no data | |
| Executive Director of Administrative Operations & Head of Human Resources | no data | no data | no data | |
| General Counsel & Chief Compliance Officer | no data | no data | no data | |
| Executive Director of Marketing | no data | no data | no data | |
| National Sales Director | no data | no data | no data | |
| Senior VP & Chief Commercial Officer | 1.5yrs | US$456.82k | no data | |
| Senior VP & Chief Medical Officer | 1.5yrs | US$528.83k | no data | |
| Executive Director & Head of Medical Affairs | 2.3yrs | no data | no data |
1.5yrs
Average Tenure
61yo
Average Age
Experienced Management: SCLX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | less than a year | US$33.92m | 0.50% $ 509.5k | |
| President | 1.5yrs | US$785.73k | 0.013% $ 13.5k | |
| Independent Director | 1.5yrs | US$61.33k | 0% $ 0 | |
| Independent Director | less than a year | US$285.67k | 0% $ 0 | |
| Independent Director | 1.5yrs | US$750.00k | 0.00025% $ 256.9 | |
| Independent Director | less than a year | US$277.43k | 0.037% $ 38.2k |
1.1yrs
Average Tenure
59.5yo
Average Age
Experienced Board: SCLX's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.