AST SpaceMobile Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Abel Avellan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.8yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	3.6yrs

Recent management updates

Recent updates

AST SpaceMobile partners with Nokia for its radio technology connectivity across regions

Jul 28

AST Spacemobile provides preliminary Q2 update

Jul 18

CEO Compensation Analysis

How has Abel Avellan's remuneration changed compared to AST SpaceMobile's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$296m
Jun 30 2024	n/a	n/a	-US$145m
Mar 31 2024	n/a	n/a	-US$91m
Dec 31 2023	n/a	n/a	-US$88m
Sep 30 2023	n/a	n/a	-US$64m
Jun 30 2023	n/a	n/a	-US$53m
Mar 31 2023	n/a	n/a	-US$37m
Dec 31 2022	n/a	n/a	-US$32m
Sep 30 2022	n/a	n/a	-US$27m
Jun 30 2022	n/a	n/a	-US$13m
Mar 31 2022	n/a	n/a	-US$30m
Dec 31 2021	US$9k	US$9k	-US$19m
Sep 30 2021	n/a	n/a	-US$24m
Jun 30 2021	n/a	n/a	-US$34m
Mar 31 2021	n/a	n/a	-US$20m
Dec 31 2020	US$36k	US$36k	-US$24m
Sep 30 2020	n/a	n/a	-US$19m
Dec 31 2019	US$24k	US$24k	-US$11m

Compensation vs Market: Insufficient data to establish whether Abel's total compensation is reasonable compared to companies of similar size in the US market.

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

CEO

Abel Avellan (53 yo)

7.8yrs

Tenure

Mr. Abel Avellan is a Founder of AST SpaceMobile, Inc. (Alternate Name: AST & Science, LLC) in 2017 and has been its Chief Executive Officer and Chairman since 2017. He served as the President of AST Space...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Abel Avellan	Founder	7.8yrs	no data	no data
Scott Wisniewski	President & Chief Strategy Officer	less than a year	no data	0.17% $ 13.1m
Andrew Johnson	EVP, CFO & Chief Legal Officer	less than a year	no data	no data
Shanti Gupta	EVP & COO	less than a year	no data	0.096% $ 7.3m
Maya Bernal	Senior Director & Chief Accounting Officer	less than a year	no data	0.060% $ 4.6m
Huiwen Yao	EVP & CTO	6.8yrs	no data	0.027% $ 2.1m
Christopher Ivory	Chief Commercial Officer	no data	no data	no data
Raymond Sedwick	Chief Scientist of Space Systems	no data	no data	no data
Sriram Jayasimha	Chief Scientist of Commercial Applications	no data	no data	no data
Stephen Gibson	Managing Director of UK	no data	no data	no data

0.5yrs

Average Tenure

48yo

Average Age

Experienced Management: ASTS's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Abel Avellan	Founder	7.8yrs	no data	no data
Richard Sarnoff	Non-Employee & Independent Director	3.6yrs	US$210.00k	0.033% $ 2.5m
Ronald Rubin	Non-Employee & Independent Director	3.6yrs	US$210.00k	0.033% $ 2.5m
Hiroshi Mikitani	Non-Employee Director	3.6yrs	no data	no data
Edward Knapp	Non-Employee Director	3.6yrs	no data	0.0050% $ 377.9k
Johan Wibergh	Independent Director	less than a year	no data	no data
Julio Torres	Lead Independent Director	3.6yrs	US$232.50k	0.033% $ 2.5m
Christopher Sambar	Independent Director	less than a year	no data	no data
Adriana Cisneros	Non-Employee & Independent Director	3.6yrs	no data	0.023% $ 1.8m
Luke Ibbetson	Non-Employee Director	3.6yrs	no data	no data

3.6yrs

Average Tenure

57.5yo

Average Age

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

AST SpaceMobile Management

Management criteria checks 2/4

Key information

Recent management updates

EVP & CTO recently sold US$1.1m worth of stock

EVP & COO recently sold US$2.1m worth of stock

AST SpaceMobile, Inc., Annual General Meeting, Sep 10, 2024

AST SpaceMobile, Inc. Announces CFO Changes

AST Spacemobile, Inc. Announces Appointment of Chris Sambar to Its Board

AST SpaceMobile, Inc. Appoints Johan Wibergh to Board of Directors and Chairman of Newly Formed Network Planning and Spectrum Committee, and Member of Compensation and Audit Committee

Recent updates

No longer forecast to breakeven

New major risk - Financial position

AST SpaceMobile: Growing Into Its Valuation

AST SpaceMobile: A Strong Buy As The Company Expands Its Coverage

AST SpaceMobile, Inc. Completes Unfolding of First Five Commercial Satellites in Low Earth Orbit

EVP & CTO recently sold US$1.1m worth of stock

AST SpaceMobile: Bulls Are In Control With New Highs Possible

AST SpaceMobile Is At The Edge Of Viability

EVP & COO recently sold US$2.1m worth of stock

AST SpaceMobile: Launches Its Next Chapter

Consensus revenue estimates increase by 50%

AST SpaceMobile: Commercialization Has Started

No longer forecast to breakeven

AST SpaceMobile, Inc. Provides Interim Business Update to Confirm Upcoming Orbital Launch

New minor risk - Shareholder dilution

Consensus revenue estimates fall by 73%

AST SpaceMobile: Reaching Escape Velocity

Forecast to breakeven in 2026

Federal Communications Commission Approves AST Spacemobile, Inc. Launch of First Commercial Satellites, Each the Largest-Ever Communications Array to Be Deployed Commercially in Low Earth Orbit

AST SpaceMobile, Inc., Annual General Meeting, Sep 10, 2024

AST SpaceMobile: Satellite Internet Service For Smartphones - Why I'm All In

Consensus revenue estimates decrease by 14%

New minor risk - Shareholder dilution

AST SpaceMobile: Uncertainty Shouldn't Be Downplayed

AST SpaceMobile, Inc. Announces CFO Changes

Does AST SpaceMobile (NASDAQ:ASTS) Have A Healthy Balance Sheet?

AST Spacemobile, Inc. Announces Appointment of Chris Sambar to Its Board

New minor risk - Shareholder dilution

The Portnoy Law Firm Files Class Action Lawsuit on Behalf of Investors Against AST SpaceMobile, Inc

AST SpaceMobile, Inc. Appoints Johan Wibergh to Board of Directors and Chairman of Newly Formed Network Planning and Spectrum Committee, and Member of Compensation and Audit Committee

AST SpaceMobile, Inc. Welcomes Johan Wibergh to Board of Directors and Chairman of Newly Formed Network Planning and Spectrum Committee of Its Board of Directors

Price target increased by 8.3% to US$14.38

AST SpaceMobile: Stock Launches Into Space

Consensus revenue estimates fall by 68%

New major risk - Financial position

Why AST SpaceMobile's Q1 2024 Results Just Squeezed Short-Sellers

AST SpaceMobile, Inc Announces the Appointment of Andrew Johnson as Chief Legal Officer

Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against AST SpaceMobile, Inc

Price target decreased by 18% to US$11.10

Consensus revenue estimates increase by 50%

New minor risk - Profitability

No longer forecast to breakeven

AST SpaceMobile Q4 Earnings Preview: 5 Things To Consider

AST SpaceMobile: Reaching Commercialization Phase

New minor risk - Shareholder dilution

AST SpaceMobile, Inc. Appoints Abel Avellan Commissioner to the ITU/UNESCO Broadband Commission

New major risk - Share price stability

New minor risk - Shareholder dilution

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $99.999998 million.

New minor risk - Shareholder dilution

No longer forecast to breakeven

AST SpaceMobile, Inc. to Report Q3, 2023 Results on Nov 14, 2023

AST SpaceMobile, Inc. to Report Q3, 2023 Results on Nov 14, 2023

AST SpaceMobile, Inc. Achieves Space-Based 5G Cellular Broadband Connectivity from Everyday Smartphones, Another Historic World First

New minor risk - Shareholder dilution

New minor risk - Revenue size

First half 2023 earnings released: US$0.47 loss per share (vs US$0.26 loss in 1H 2022)

AST SpaceMobile, Inc. Announces Removal Of Tareq Amin as Director

AST SpaceMobile, Inc. Announces Removal of of Tareq Amin as Director

Price target increased by 13% to US$22.58

AST SpaceMobile, Inc., Annual General Meeting, Aug 17, 2023

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $59.4 million.

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $59.4 million.

First quarter 2023 earnings released: US$0.23 loss per share (vs US$0.21 loss in 1Q 2022)

Full year 2022 earnings: EPS misses analyst expectations

Insufficient new directors

Forecast to breakeven in 2025

AST SpaceMobile's Bluewalker 3 on Target to Deliver the First and Only Space-Based Cellular Broadband

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $75.000002 million.