Penguin Solutions Management
Management criteria checks 1/4
Penguin Solutions' CEO is Mark Adams, appointed in Aug 2020, has a tenure of 4.42 years. total yearly compensation is $6.00M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 1.2% of the company’s shares, worth $13.14M. The average tenure of the management team and the board of directors is 1.8 years and 4.3 years respectively.
Key information
Mark Adams
Chief executive officer
US$6.0m
Total compensation
| CEO salary percentage | 12.5% |
| CEO tenure | 4.4yrs |
| CEO ownership | 1.2% |
| Management average tenure | 1.8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Penguin Solutions Earnings: Upgrading To Buy After Fiscal Q1 Surprise
Jan 09Penguin Solutions (NASDAQ:PENG) Has A Somewhat Strained Balance Sheet
Dec 16
Is SMART Global Holdings, Inc. (NASDAQ:SGH) Trading At A 31% Discount?
Sep 04We 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 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 29 2024 | n/a | n/a | -US$27m |
| Aug 30 2024 | US$6m | US$750k | -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$43m |
Compensation vs Market: Mark's total compensation ($USD6.00M) is above average for companies of similar size in the US market ($USD3.22M).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Adams (60 yo)
4.4yrs
Tenure
US$5,998,416
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 | 4.4yrs | US$6.00m | 1.2% $ 13.1m | |
| Senior VP & CFO | less than a year | US$4.28m | no data | |
| Executive VP | 13.3yrs | US$2.31m | 0.33% $ 3.6m | |
| Senior VP | 3.8yrs | US$1.89m | 0.084% $ 918.6k | |
| Senior VP & President of Advanced Computing | less than a year | US$5.99m | 0% $ 0 | |
| Chief Technology Officer | less than a year | no data | no data | |
| Head of Investor Relation | no data | no data | no data | |
| Vice President of Global Marketing | less than a year | no data | no data | |
| Chief Human Resources Officer | 1.8yrs | no data | no data | |
| Senior VP & President of Optimized LED | 2.3yrs | US$1.61m | 0.077% $ 838.7k |
1.8yrs
Average Tenure
57yo
Average Age
Experienced Management: PENG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$6.00m | 1.2% $ 13.1m | |
| Independent Director | 7.3yrs | US$245.86k | 0.096% $ 1.1m | |
| Independent Director | 1.5yrs | US$77.50k | 0.0083% $ 90.3k | |
| Independent Director | 10.3yrs | US$245.86k | 0.038% $ 413.6k | |
| Independent Chair | 3.3yrs | US$270.86k | 0.0095% $ 103.6k | |
| Independent Director | 6.3yrs | US$233.36k | 0.070% $ 764.5k | |
| Independent Director | 5.8yrs | US$245.86k | 0.078% $ 855.7k | |
| Independent Director | 2.4yrs | US$238.36k | 0.018% $ 196.2k | |
| Director | less than a year | no data | no data |
4.3yrs
Average Tenure
62yo
Average Age
Experienced Board: PENG's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 04:19 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/11/29 |
| Annual Earnings | 2024/08/30 |
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 |
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| Management | 10 years |
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| 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
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Analyst Sources
Penguin Solutions, Inc. is covered by 11 analysts. 6 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 |
|---|---|
| Thomas O'Malley | Barclays |
| Shek Ho | Deutsche Bank |
| Michael Ng | Goldman Sachs |