Backblaze, Inc.

NasdaqGM:BLZE Stock Report

Market Cap: US$385.4m

Backblaze Management

Management criteria checks 3/4

Backblaze's CEO is Gleb Budman, appointed in Jan 2007, has a tenure of 17.33 years. total yearly compensation is $467.22K, comprised of 90% salary and 10% bonuses, including company stock and options. directly owns 3.99% of the company’s shares, worth $15.37M. The average tenure of the management team and the board of directors is 4.2 years and 3.6 years respectively.

Key information

Gleb Budman

Chief executive officer

US$467.2k

Total compensation

CEO salary percentage90.0%
CEO tenure17.3yrs
CEO ownership4.0%
Management average tenure4.2yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

Calculating The Fair Value Of Backblaze, Inc. (NASDAQ:BLZE)

Mar 15
Calculating The Fair Value Of Backblaze, Inc. (NASDAQ:BLZE)

Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?

Feb 25
Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?

Backblaze: Lacking A Competitive Offering As Losses Accumulate

Feb 09

Why Investors Shouldn't Be Surprised By Backblaze, Inc.'s (NASDAQ:BLZE) 28% Share Price Surge

Feb 07
Why Investors Shouldn't Be Surprised By Backblaze, Inc.'s (NASDAQ:BLZE) 28% Share Price Surge

Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?

Jan 25
Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?

Companies Like Backblaze (NASDAQ:BLZE) Are In A Position To Invest In Growth

Oct 06
Companies Like Backblaze (NASDAQ:BLZE) Are In A Position To Invest In Growth

Backblaze, Inc. (NASDAQ:BLZE) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 12
Backblaze, Inc. (NASDAQ:BLZE) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Backblaze: Far From Black Numbers

May 25

Companies Like Backblaze (NASDAQ:BLZE) Can Afford To Invest In Growth

May 08
Companies Like Backblaze (NASDAQ:BLZE) Can Afford To Invest In Growth

Backblaze Could Be The Next Cloudflare In The Making

Nov 22

CEO Compensation Analysis

How has Gleb Budman's remuneration changed compared to Backblaze's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$60m

Sep 30 2023n/an/a

-US$62m

Jun 30 2023n/an/a

-US$59m

Mar 31 2023n/an/a

-US$56m

Dec 31 2022US$467kUS$421k

-US$51m

Sep 30 2022n/an/a

-US$47m

Jun 30 2022n/an/a

-US$40m

Mar 31 2022n/an/a

-US$31m

Dec 31 2021US$431kUS$421k

-US$22m

Sep 30 2021n/an/a

-US$16m

Jun 30 2021n/an/a

-US$11m

Mar 31 2021n/an/a

-US$10m

Dec 31 2020US$410kUS$400k

-US$7m

Compensation vs Market: Gleb's total compensation ($USD467.22K) is below average for companies of similar size in the US market ($USD2.41M).

Compensation vs Earnings: Gleb's compensation has increased whilst the company is unprofitable.

CEO

Gleb Budman (48 yo)

17.3yrs

Tenure

US$467,215

Compensation

Mr. Gleb Budman co-founded Backblaze Inc. and has been its Chief Executive Officer since 2007, Chairman since January 2021 and Director since 2009. Mr. Budman served as Senior Director of Product Managemen...

Leadership Team

NamePositionTenureCompensationOwnership
Francis Patchel
Chief Financial Officer4.2yrsUS$987.16k0.16%
$ 623.9k
Tina Cessna
Senior Vice President of Engineeringno dataUS$858.69k0.29%
$ 1.1m
Gleb Budman
Co-Founder17.3yrsUS$467.22k3.99%
$ 15.4m
Tim Nufire
Co-Founderno datano data0%
$ 0
Brian Wilson
Co-Founderno dataUS$467.22k0%
$ 0
Casey Jones
Co-Founderno datano data0%
$ 0
Hang Ng Kwok
Co-Founderno datano data0%
$ 0
Nilay Patel
Co-Founder & VP of Sales15.3yrsno datano data
Damon Uyeda
Co-Founderno datano datano data
Anu Patil
Vice President of Revenue Strategy & Operations1.3yrsno datano data
Brian Beach
Chief Technology Officer1.5yrsno datano data
James Kisner
Vice President of Investor Relationsno datano datano data

4.2yrs

Average Tenure

58yo

Average Age

Experienced Management: BLZE's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gleb Budman
Co-Founder15.3yrsUS$467.22k3.99%
$ 15.4m
Earl Fry
Independent Director2.8yrsUS$205.00k0.043%
$ 167.5k
Barbara Nelson
Independent Director3.6yrsUS$136.01k0.054%
$ 210.0k
Jocelyn Carter-Miller
Lead Independent Director3.6yrsUS$226.00k0.054%
$ 210.0k
Igor Shoifot
Observer to the Boardno datano datano data
Evelyn D'An
Independent Director2.8yrsUS$174.43k0.043%
$ 167.5k

3.6yrs

Average Tenure

64yo

Average Age

Experienced Board: BLZE's board of directors are considered experienced (3.6 years average tenure).

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