Embark Technology, Inc.

NasdaqGM:EMBK Stock Report

Market Cap: US$70.2m

Embark Technology Management

Management criteria checks 2/4

Embark Technology's CEO is Alex Rodrigues, appointed in Jan 2016, has a tenure of 7.58 years. total yearly compensation is $350.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.26% of the company’s shares, worth $7.20M. The average tenure of the management team and the board of directors is 0.6 years and 1.9 years respectively.

Key information

Alex Rodrigues

Chief executive officer

US$350.0k

Total compensation

CEO salary percentage100.0%
CEO tenure7.6yrs
CEO ownership10.3%
Management average tenureless than a year
Board average tenure1.9yrs

Recent management updates

Recent updates

Embark Trucks appoints new board chair

Sep 12

Embark Technology GAAP EPS of -$0.03 beats by $0.10

Aug 11

Embark Tech Faces Uncertainties In Push For Autonomous Truck Operations

Jul 11

Embark: Autonomous Trucking On The Horizon

Jan 04

CEO Compensation Analysis

How has Alex Rodrigues's remuneration changed compared to Embark Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

-US$148m

Dec 31 2022US$350kUS$350k

-US$103m

Sep 30 2022n/an/a

-US$145m

Jun 30 2022n/an/a

-US$128m

Mar 31 2022n/an/a

-US$134m

Dec 31 2021US$57mUS$180k

-US$124m

Sep 30 2021n/an/a

-US$54m

Jun 30 2021n/an/a

-US$41m

Mar 31 2021n/an/a

-US$25m

Dec 31 2020US$161kUS$161k

-US$22m

Compensation vs Market: Alex's total compensation ($USD350.00K) is below average for companies of similar size in the US market ($USD738.70K).

Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.


CEO

Alex Rodrigues (27 yo)

7.6yrs

Tenure

US$350,000

Compensation

Mr. Alex Rodrigues co-founded Embark Technology, Inc. and has served as Chief Executive Officer since its founding in 2016. Mr. Rodrigues is also a Director at Embark Technology, Inc. He has an extensive b...


Leadership Team

NamePositionTenureCompensationOwnership
Alex Rodrigues
CEO, Founder & Director7.6yrsUS$350.00k10.26%
$ 7.2m
Brandon Moak
CTO, Founder & Director7.6yrsUS$30.99m7.6%
$ 5.3m
Morgan Dioli
Interim CFOless than a yearno datano data
Mike Schmidt
Chief Operations & Fleet Officerless than a yearno datano data
Simina Simion
Chief People Officerless than a yearno datano data
Sam Abidi
Chief Commercial Officerno datano datano data

0.6yrs

Average Tenure

27yo

Average Age

Experienced Management: EMBK's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Alex Rodrigues
CEO, Founder & Directorno dataUS$350.00k10.26%
$ 7.2m
Brandon Moak
CTO, Founder & Directorno dataUS$30.99m7.6%
$ 5.3m
Elaine Chao
Independent Director2.2yrsUS$273.38k0.030%
$ 21.3k
Richard Freeland
Member of Advisory Board1.9yrsno datano data
Penelope Herscher
Independent Chairless than a yearUS$187.74k0.018%
$ 12.5k
Ian Robertson
Independent Director1.8yrsUS$242.58k0.022%
$ 15.7k
David Jackson
Member of Advisory Board1.9yrsno datano data
Jonathan DeGaynor
Member of Advisory Board1.9yrsno datano data
Michele Meyer
Member of Advisory Board1.9yrsno datano data
Terry Kline
Member of Advisory Board1.9yrsno datano data
Patricia Chiodo
Independent Director1.8yrsUS$277.50k0.043%
$ 30.3k
Michael Pigors
Member of Advisory Board1.9yrsno datano data

1.9yrs

Average Tenure

58yo

Average Age

Experienced Board: EMBK's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/03 13:57
End of Day Share Price 2023/08/01 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Embark Technology, Inc. is covered by 5 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
George GianarikasBaird
Christian WetherbeeCitigroup Inc