Penguin Solutions Management
Management criteria checks 4/4
Penguin Solutions' CEO is Mark Adams, appointed in Aug 2020, has a tenure of 4.25 years. total yearly compensation is $3.21M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 1.67% of the company’s shares, worth $15.22M. The average tenure of the management team and the board of directors is 2.8 years and 4.9 years respectively.
Key information
Mark Adams
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 23.3% |
| CEO tenure | 4.3yrs |
| CEO ownership | 1.7% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Is SMART Global Holdings, Inc. (NASDAQ:SGH) Trading At A 31% Discount?
Sep 04
We Think SMART Global Holdings' (NASDAQ:SGH) Robust Earnings Are Conservative
Jul 16Improved Revenues Required Before SMART Global Holdings, Inc. (NASDAQ:SGH) Stock's 34% Jump Looks Justified
Jul 11SMART Global Holdings: Upcoming Results Could Shine Light On AI Play
Jun 28Is SMART Global Holdings (NASDAQ:SGH) Using Too Much Debt?
May 21SMART Global Holdings, Inc.'s (NASDAQ:SGH) 36% Dip In Price Shows Sentiment Is Matching Revenues
Apr 20SMART Global Q2 Earnings: Not Worth Chasing Higher
Apr 10Smart Global Holdings: Keeps Getting The Benefit Of The Doubt Thanks To AI
Mar 23SMART Global Holdings (NASDAQ:SGH) Seems To Use Debt Quite Sensibly
Jan 24The Market Doesn't Like What It Sees From SMART Global Holdings, Inc.'s (NASDAQ:SGH) Revenues Yet
Dec 29Is It Time To Consider Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Dec 09SMART Global Holdings, Inc. (NASDAQ:SGH) Shares Could Be 39% Below Their Intrinsic Value Estimate
Nov 07These Analysts Think SMART Global Holdings, Inc.'s (NASDAQ:SGH) Earnings Are Under Threat
Oct 17Is Now The Time To Look At Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Aug 18SMART Global Holdings (NASDAQ:SGH) Has A Somewhat Strained Balance Sheet
Jul 31A Look At The Fair Value Of SMART Global Holdings, Inc. (NASDAQ:SGH)
Jul 04Here's Why SMART Global Holdings (NASDAQ:SGH) Has A Meaningful Debt Burden
Apr 26Is It Time To Consider Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Apr 01Here's Why We Think SMART Global Holdings (NASDAQ:SGH) Might Deserve Your Attention Today
Feb 22An Intrinsic Calculation For SMART Global Holdings, Inc. (NASDAQ:SGH) Suggests It's 38% Undervalued
Jan 12Is SMART Global Holdings, Inc. (NASDAQ:SGH) Potentially Undervalued?
Dec 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 30 2024 | n/a | n/a | -US$44m |
| May 31 2024 | n/a | n/a | US$45m |
| Mar 01 2024 | n/a | n/a | US$20m |
| Dec 01 2023 | n/a | n/a | US$24k |
| Aug 25 2023 | US$3m | US$750k | US$8m |
| May 26 2023 | n/a | n/a | -US$81m |
| Feb 24 2023 | n/a | n/a | -US$37m |
| Nov 25 2022 | n/a | n/a | -US$2m |
| Aug 26 2022 | US$7m | US$750k | US$22m |
| May 27 2022 | n/a | n/a | US$67m |
| Feb 25 2022 | n/a | n/a | US$36m |
| Nov 26 2021 | n/a | n/a | US$39m |
| Aug 27 2021 | US$15m | US$750k | -US$43m |
Compensation vs Market: Mark's total compensation ($USD3.21M) is about average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Adams (60 yo)
4.3yrs
Tenure
US$3,214,342
Compensation
Mr. Mark W. Adams is Independent Director of Seagate Technology Holdings plc from October 19, 2024. Mr. Adams has been President and Chief Executive Officer of Penguin Solutions, Inc. (formerly known as SM...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$3.21m | 1.67% $ 15.2m | |
| Executive VP | 13.1yrs | US$1.61m | 0.33% $ 3.0m | |
| Senior VP & President of LED Solutions | 2.2yrs | US$1.61m | 0.077% $ 699.7k | |
| Senior VP & CFO | less than a year | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Head of Investor Relation | no data | no data | no data | |
| Senior VP & Chief Legal Officer | 3.6yrs | US$1.49m | 0.084% $ 766.4k | |
| Senior Director of Worldwide Sales | 2.8yrs | no data | no data | |
| Vice President of Global Marketing | less than a year | no data | no data | |
| Chief Human Resources Officer | 1.6yrs | no data | no data | |
| Senior Vice President of Specialty Memory | 17.1yrs | US$1.18m | no data | |
| Senior VP of Specialty Compute & Storage Solutions and CEO of Penguin Computing | 6.1yrs | US$1.41m | no data |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Management: PENG's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$3.21m | 1.67% $ 15.2m | |
| Independent Director | 7.2yrs | US$239.99k | 0.096% $ 879.1k | |
| Independent Director | 1.3yrs | US$197.96k | 0% $ 0 | |
| Independent Director | 10.2yrs | US$239.99k | 0.038% $ 345.0k | |
| Independent Chair | 3.2yrs | US$264.99k | 0.0095% $ 86.4k | |
| Independent Director | 6.1yrs | US$227.49k | 0.070% $ 637.8k | |
| Independent Director | 5.6yrs | US$239.99k | 0.078% $ 713.8k | |
| Independent Director | 2.3yrs | US$262.40k | 0.018% $ 163.7k |
4.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: PENG's board of directors are considered experienced (4.9 years average tenure).