How Much Is SCYNEXIS' (NASDAQ:SCYX) CEO Getting Paid?
This article will reflect on the compensation paid to Marco Taglietti who has served as CEO of SCYNEXIS, Inc. (NASDAQ:SCYX) since 2015. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for SCYNEXIS.
View our latest analysis for SCYNEXIS
How Does Total Compensation For Marco Taglietti Compare With Other Companies In The Industry?
According to our data, SCYNEXIS, Inc. has a market capitalization of US$52m, and paid its CEO total annual compensation worth US$1.5m over the year to December 2019. We note that's an increase of 38% above last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$543k.
For comparison, other companies in the industry with market capitalizations below US$200m, reported a median total CEO compensation of US$933k. Accordingly, our analysis reveals that SCYNEXIS, Inc. pays Marco Taglietti north of the industry median. Furthermore, Marco Taglietti directly owns US$340k worth of shares in the company.
Component | 2019 | 2018 | Proportion (2019) |
Salary | US$543k | US$527k | 35% |
Other | US$992k | US$588k | 65% |
Total Compensation | US$1.5m | US$1.1m | 100% |
Talking in terms of the industry, salary represented approximately 27% of total compensation out of all the companies we analyzed, while other remuneration made up 73% of the pie. According to our research, SCYNEXIS has allocated a higher percentage of pay to salary in comparison to the wider industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.
SCYNEXIS, Inc.'s Growth
Over the past three years, SCYNEXIS, Inc. has seen its earnings per share (EPS) grow by 20% per year. In the last year, its revenue has collapsed effectively to zero.
This demonstrates that the company has been improving recently and is good news for the shareholders. While it would be good to see revenue growth, profits matter more in the end. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.
Has SCYNEXIS, Inc. Been A Good Investment?
With a three year total loss of 72% for the shareholders, SCYNEXIS, Inc. would certainly have some dissatisfied shareholders. Therefore, it might be upsetting for shareholders if the CEO were paid generously.
In Summary...
As previously discussed, Marco is compensated more than what is normal for CEOs of companies of similar size, and which belong to the same industry. But the company has impressed with its EPS growth, but we cannot say the same about the uninspiring shareholder returns (over the last three years). Although we don't think the CEO pay is too high, considering negative investor returns, it is more generous than modest.
CEO compensation is an important area to keep your eyes on, but we've also need to pay attention to other attributes of the company. In our study, we found 5 warning signs for SCYNEXIS you should be aware of, and 3 of them are significant.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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