Scilex Holding Management
Management criteria checks 1/4
Scilex Holding's CEO is Jaisim Shah, appointed in Nov 2022, has a tenure of 2.08 years. total yearly compensation is $7.37M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $115.13K. The average tenure of the management team and the board of directors is 2.1 years and 1.3 years respectively.
Key information
Jaisim Shah
Chief executive officer
US$7.4m
Total compensation
| CEO salary percentage | 12.4% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.1yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Analysts Just Shaved Their Scilex Holding Company (NASDAQ:SCLX) Forecasts Dramatically
Jun 14
It's Down 33% But Scilex Holding Company (NASDAQ:SCLX) Could Be Riskier Than It Looks
Apr 24Scilex 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 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$172m |
| Mar 31 2024 | n/a | n/a | -US$161m |
| Dec 31 2023 | US$7m | US$917k | -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$88m |
Compensation vs Market: Jaisim's total compensation ($USD7.37M) is above average for companies of similar size in the US market ($USD646.54K).
Compensation vs Earnings: Jaisim's compensation has increased whilst the company is unprofitable.
CEO
Jaisim Shah (64 yo)
2.1yrs
Tenure
US$7,373,977
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 | 1.3yrs | US$33.92m | 0.47% $ 241.0k | |
| President | 2.1yrs | US$7.37m | 0.22% $ 115.1k | |
| Senior VP | 1.3yrs | US$2.14m | 0.017% $ 8.9k | |
| CTO & Senior VP | 2.1yrs | 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 | 2.1yrs | US$456.82k | no data | |
| Senior VP & Chief Medical Officer | 2.1yrs | US$528.83k | no data | |
| Senior Executive Director & Chief of Staff | less than a year | no data | no data | |
| Executive Director & Head of Medical Affairs | 2.9yrs | no data | no data |
2.1yrs
Average Tenure
62yo
Average Age
Experienced Management: SCLX's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.3yrs | US$33.92m | 0.47% $ 241.0k | |
| President | 2.1yrs | US$7.37m | 0.22% $ 115.1k | |
| Independent Director | 1.3yrs | US$285.67k | 0.019% $ 9.8k | |
| Independent Director | 2.1yrs | US$750.00k | 0.0018% $ 899.0 | |
| Independent Director | 1.3yrs | US$277.43k | 0.085% $ 43.9k | |
| Director | less than a year | no data | no data |
1.3yrs
Average Tenure
60yo
Average Age
Experienced Board: SCLX's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:28 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Scilex Holding Company is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Molloy | Alliance Global Partners |
| Mayank Mamtani | B. Riley Securities, Inc. |
| Raghuram Selvaraju | H.C. Wainwright & Co. |