Grid Dynamics Holdings Management
Management criteria checks 4/4
Grid Dynamics Holdings' CEO is Leonard Livschitz, appointed in Jan 2014, has a tenure of 10.92 years. total yearly compensation is $5.82M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 3% of the company’s shares, worth $56.76M. The average tenure of the management team and the board of directors is 3.3 years and 7.8 years respectively.
Key information
Leonard Livschitz
Chief executive officer
US$5.8m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 10.9yrs |
| CEO ownership | 3.0% |
| Management average tenure | 3.3yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
I Don't Really Like Grid Dynamics, Here's Why I Sort Of Bought It
Nov 29After Leaping 33% Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Shares Are Not Flying Under The Radar
Nov 12
Shareholders Can Be Confident That Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Are High Quality
Nov 08Grid Dynamics Is Well-Positioned To Deliver AI Transformations
Oct 16Why Investors Shouldn't Be Surprised By Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) P/S
Jul 16Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Offer More Than Meets The Eye
May 09Is Now An Opportune Moment To Examine Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?
Apr 11A Look At The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Mar 05Grid Dynamics: Risk-Reward Is Balanced
Jan 22Grid Dynamics Holdings (NASDAQ:GDYN) May Have Issues Allocating Its Capital
Dec 14Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) Intrinsic Value Is Potentially 24% Below Its Share Price
Nov 06When Should You Buy Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?
Aug 26Calculating The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Aug 03At US$8.29, Is Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Worth Looking At Closely?
May 12Calculating The Intrinsic Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Apr 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2m |
| Jun 30 2024 | n/a | n/a | -US$1m |
| Mar 31 2024 | n/a | n/a | US$2m |
| Dec 31 2023 | US$6m | US$800k | -US$2m |
| Sep 30 2023 | n/a | n/a | -US$11m |
| Jun 30 2023 | n/a | n/a | -US$19m |
| Mar 31 2023 | n/a | n/a | -US$35m |
| Dec 31 2022 | US$25m | US$733k | -US$29m |
| Sep 30 2022 | n/a | n/a | -US$26m |
| Jun 30 2022 | n/a | n/a | -US$20m |
| Mar 31 2022 | n/a | n/a | -US$8m |
| Dec 31 2021 | US$7m | US$600k | -US$8m |
| Sep 30 2021 | n/a | n/a | -US$9m |
| Jun 30 2021 | n/a | n/a | -US$9m |
| Mar 31 2021 | n/a | n/a | -US$10m |
| Dec 31 2020 | US$17m | US$555k | -US$13m |
| Sep 30 2020 | n/a | n/a | -US$6m |
| Jun 30 2020 | n/a | n/a | -US$505k |
| Mar 31 2020 | n/a | n/a | US$5m |
| Dec 31 2019 | US$2m | US$517k | US$10m |
| Sep 30 2019 | n/a | n/a | US$9m |
| Dec 31 2018 | US$4m | US$400k | US$9m |
| Dec 31 2017 | US$3m | US$383k | US$8m |
Compensation vs Market: Leonard's total compensation ($USD5.82M) is about average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Leonard's compensation has been consistent with company performance over the past year.
CEO
Leonard Livschitz (57 yo)
10.9yrs
Tenure
US$5,822,320
Compensation
Mr. Leonard Livschitz has been the Chief Executive Officer at Grid Dynamics Holdings, Inc. since 2014. Prior to joining Grid Dynamics, Mr. Livschitz co-founded the LED solutions company Luxera, serving as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.9yrs | US$5.82m | 3% $ 56.8m | |
| CFO & Secretary | 5.1yrs | US$873.99k | 0.33% $ 6.2m | |
| COO & CEO of Grid Dynamics Europe | 3.9yrs | US$1.36m | 0.41% $ 7.7m | |
| Chief Technology Officer | 3.4yrs | no data | no data | |
| Senior Vice President of Sales & Account Management | 1.4yrs | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data | |
| Technical Fellow & Head of Digital Commerce | 3.3yrs | no data | no data | |
| Senior Vice President of Engineering & Strategic Account Development | no data | no data | no data | |
| Senior VP & Head of Americas | less than a year | no data | no data | |
| Regional Head of India | less than a year | no data | no data |
3.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: GDYN's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 18.9yrs | US$5.82m | 3% $ 56.8m | |
| Independent Director | 18.9yrs | US$154.99k | 0.36% $ 6.8m | |
| Independent Chairman | 6.5yrs | US$180.00k | 1.28% $ 24.2m | |
| Independent Director | 4.9yrs | US$134.99k | 0.039% $ 740.9k | |
| Independent Director | 2.8yrs | US$114.99k | 0.020% $ 378.2k | |
| Independent Director | 4.9yrs | US$129.99k | 0.036% $ 676.9k | |
| Non-Employee Director | 7.9yrs | US$114.99k | 0.037% $ 702.6k | |
| Non-Employee Director | 7.9yrs | US$114.99k | 0.037% $ 702.6k | |
| Independent Director | 7.8yrs | US$129.99k | 0.11% $ 2.1m |
7.8yrs
Average Tenure
59yo
Average Age
Experienced Board: GDYN's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:36 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grid Dynamics Holdings, Inc. is covered by 10 analysts. 5 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 |
|---|---|
| Joseph Vafi | Canaccord Genuity |
| Joshua Siegler | Cantor Fitzgerald & Co. |
| Ryan Potter | Citigroup Inc |