Backblaze, Inc.

NasdaqGM:BLZE Stock Report

Market Cap: US$316.6m

Backblaze Management

Management criteria checks 2/4

Backblaze's CEO is Gleb Budman, appointed in Jan 2007, has a tenure of 17.83 years. total yearly compensation is $614.19K, comprised of 85.5% salary and 14.5% bonuses, including company stock and options. directly owns 3.75% of the company’s shares, worth $11.88M. The average tenure of the management team and the board of directors is 1.9 years and 4.1 years respectively.

Key information

Gleb Budman

Chief executive officer

US$614.2k

Total compensation

CEO salary percentage85.5%
CEO tenure17.8yrs
CEO ownership3.8%
Management average tenure1.9yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%

Nov 07
Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%

Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?

Oct 11
Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?

Backblaze: High Growth Software Stock Trading For Peanuts

Sep 27

It Is Time To Dip A Toe In Backblaze

Jul 04

Is Backblaze (NASDAQ:BLZE) A Risky Investment?

Jul 01
Is Backblaze (NASDAQ:BLZE) A Risky Investment?

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

Jun 05
Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?

Backblaze, Inc.'s (NASDAQ:BLZE) 26% Cheaper Price Remains In Tune With Revenues

May 10
Backblaze, Inc.'s (NASDAQ:BLZE) 26% Cheaper Price Remains In Tune With Revenues

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

CEO Compensation Analysis

How has Gleb Budman's remuneration changed compared to Backblaze's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$46m

Jun 30 2024n/an/a

-US$50m

Mar 31 2024n/an/a

-US$54m

Dec 31 2023US$614kUS$525k

-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 ($USD614.19K) is below average for companies of similar size in the US market ($USD2.18M).

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

CEO

Gleb Budman (50 yo)

17.8yrs

Tenure

US$614,185

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
Gleb Budman
Co-Founder17.8yrsUS$614.19k3.75%
$ 11.9m
Tina Cessna
Senior Vice President of Engineeringno dataUS$858.69k0.065%
$ 204.3k
Tim Nufire
Co-Founderno datano datano data
Brian Wilson
Co-Founderno dataUS$467.22kno data
Casey Jones
Co-Founderno datano datano data
Hang Ng Kwok
Co-Founderno datano datano data
Nilay Patel
Co-Founderno datano datano data
Damon Uyeda
Co-Founderno datano datano data
Marc Suidan
Chief Financial Officerless than a yearno datano data
Anu Patil
Vice President of Revenue Strategy & Operations1.8yrsno datano data
Brian Beach
Chief Technology Officer2yrsno datano data
James Kisner
Vice President of Investor Relationsno datano datano data

1.9yrs

Average Tenure

57yo

Average Age

Experienced Management: BLZE's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Gleb Budman
Co-Founder15.8yrsUS$614.19k3.75%
$ 11.9m
Earl Fry
Independent Director3.3yrsUS$205.00k0.12%
$ 379.2k
Barbara Nelson
Independent Director4.1yrsUS$203.00k0.094%
$ 297.6k
Jocelyn Carter-Miller
Lead Independent Director4.1yrsUS$226.00k0.13%
$ 411.7k
Igor Shoifot
Observer to the Boardno datano datano data
Evelyn D'An
Independent Director3.3yrsUS$211.00k0.12%
$ 379.2k

4.1yrs

Average Tenure

65yo

Average Age

Experienced Board: BLZE's board of directors are considered experienced (4.1 years average tenure).